By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 14 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Thursday, seeing follow-through speculative selling after Wednesday’s move lower. Fund traders have moved from the long to the short side of the market in recent sessions, according to a broker. He said the […] Read more
ICE canola weakens with spec selling
ICE canola dropping with soybeans
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 14, 2018 (CNS Canada) – ICE Futures Canada canola contracts followed the Chicago Board of Trade (CBOT) soybean markets down Thursday morning. CBOT soybeans are still weaker today, following talk yesterday that the United States would be implementing tariffs on China this Friday. The Canadian […] Read more
North American Grain/Oilseed Review: Canola follows soybeans lower
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 13 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, taking some direction from a downturn in Chicago Board of Trade soybeans. Bearish technical signals contributed to the declines, with some stops hit on the way down as prices dipped below nearby support. […] Read more
ICE canola hits three-month lows
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 13 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, as losses in Chicago Board of Trade soybeans spilled over to weigh on values. Bearish technical signals contributed to the declines, as the November contract touched its weakest levels in three months. […] Read more
ICE canola down with soybeans
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 13, 2018 (CNS Canada) – ICE Futures Canada canola contracts were lower Wednesday, following the lead of soybean markets on the Chicago Board of Trade (CBOT). CBOT soybeans were firmer yesterday following the release of the latest United States Department of Agriculture reports. But demand […] Read more
North American Grains/Oilseed Review – Canola firms after USDA report
By Dave Sims, Commodity News Service Canada Winnipeg, June 12 (CNS Canada) – The ICE Futures Canada canola market finished slightly higher Tuesday, following the release of the USDA’s supply and demand estimates. The USDA projected lower stockpiles of U.S. corn and soybeans, which was supportive for canola. Recent weakness in the Canadian dollar helped […] Read more
ICE canola weakens with vegetable oil
By Dave Sims, Commodity News Service Canada WINNIPEG, June 12 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly lower at midday Tuesday, following declines in the vegetable oil market. Traders were positioning themselves ahead of the release of the USDA’s World Agricultural Supply and Demand Estimates. Those figures are scheduled to […] Read more
ICE canola unchanged ahead of USDA reports
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 12, 2018 (CNS Canada) – ICE Futures Canada canola contracts were largely unchanged Tuesday morning, ahead of a number of United States Department of Agriculture reports (USDA). Chicago Board of Trade markets positioned themselves ahead of the crop production and WASDE reports from the USDA […] Read more
North American Grain/Oilseed Review: Canola lower to start week
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 11 (CNS Canada) – ICE Futures Canada canola contracts posted small losses on Monday, as improving Prairie weather conditions and losses in Chicago Board of Trade soybeans weighed on values. Recent price activity has shifted the technical bias to the downside, and fund traders could be […] Read more
ICE Canola Steady To Lower At Midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 11 (CNS Canada) – ICE Futures Canada canola contracts were steady to lower at midday Monday, as losses in Chicago Board of Trade soybeans spilled over to weigh on values. Sporadic rainfall across much of Western Canada was also bearish, as crops are generally thought to […] Read more