By Dave Sims, Commodity News Service Canada WINNIPEG, June 22 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Friday, following gains in the Chicago Board of Trade soy complex. Concerns over dryness on the Prairies underpinned the market. There are ideas China will be forced to buy more canola […] Read more
ICE canola rises with soy
ICE canola trading mostly higher
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 22, 2018 (CNS Canada) – ICE Futures Canada canola contracts were trading in a narrow range Friday with most contracts higher. Weakness in the Canadian dollar and gains for Chicago Board of Trade soybeans were supportive for canola. The majority of the North American crop […] Read more
North American Grains/Oilseed Review – Canola rises with support from currency
By Dave Sims, Commodity News Service Canada Winnipeg, June 21 (CNS Canada) – Canola contracts on the ICE Futures Canada platform posted modest gains on Thursday, taking advantage of recent weakness in the Canadian currency. The Canadian dollar is near its lowest level, relative to the U.S. dollar since last year. Demand for canola remains […] Read more
ICE canola trends higher
By Dave Sims, Commodity News Service Canada WINNIPEG, June 21 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger at midday Thursday, propped up by speculative buying. Demand for canola remains steady with some traders saying China is kicking the tires on seeds and oil. Slow farmer selling and recent weakness in […] Read more
ICE canola up with lower loonie
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 21, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mostly higher Thursday, as weakness in the Canadian dollar continued to provide support. Chicago Board of Trade soybean contracts were down due to trade concerns between the United States and China. Soyoil contracts were […] Read more
North American Grains/Oilseed Review – Canola firms with soyoil
By Dave Sims, Commodity News Service Canada Winnipeg, June 20 (CNS Canada) – Canola contracts on the ICE Futures Canada platform finished higher Wednesday, propped up by sharp gains in Chicago Board of Trade soyoil. Weakness in the Canadian dollar and slow farmer selling was supportive for the market. There are rumours China began buying […] Read more
ICE canola inches higher
By Dave Sims, Commodity News Service Canada WINNIPEG, June 20 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher at midday Wednesday, tracking strength in U.S. soyoil. The November contract was enjoying some technical support, according to a trader in Winnipeg. Slow farmer selling and recent weakness in the Canadian dollar […] Read more
ICE canola up as soybeans stabilize
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 20, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mostly higher Wednesday, as gains in soybean contracts on the Chicago Board of Trade provided support. Soybean contracts stabilized in overnight trade; however any new trade headlines could affect the market. There are still […] Read more
North American Grains/Oilseed Review – Canola tests major support
By Dave Sims, Commodity News Service Canada Winnipeg, June 19 (CNS Canada) – Canola contracts on the ICE Futures Canada platform suffered losses Tuesday, following a sharp downturn in U.S. soybeans and soyoil. Crush margins are hanging near their lowest levels of the year, which was bearish. Trade turmoil between the United States and China […] Read more
ICE canola drops as crush margins wilt
By Dave Sims, Commodity News Service Canada WINNIPEG, June 19 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Tuesday, tracking sharp losses in Chicago Board of Trade soybeans and soyoil. The sabre rattling between the United States and China on trade issues continues to cast uncertainty into agricultural markets. […] Read more