By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 6 (CNS Canada) – ICE Futures Canada canola contracts were weaker Wednesday morning, as strength in the Canadian dollar weighed on values. The currency was up by roughly half a cent relative to its counterpart in the United States, following some better-than-expected trade data. Improving crop […] Read more
ICE canola weakens as Canadian dollar rises
North American Grains/Oilseed Review – Canola ends flat after choppy day
By Dave Sims, Commodity News Service Canada Winnipeg, June 5 (CNS Canada) – Canola contracts on the ICE Futures Canada platform finished relatively unchanged Tuesday in technical trading. Losses in Chicago Board of Trade soyoil were bearish for prices. Crop conditions for oilseeds in both Canada and the United States have generally been improving, which […] Read more
ICE canola up slightly at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 5, 2018 (CNS Canada) – ICE Futures Canada canola contracts were narrowly higher at midday Tuesday, as trade uncertainty between the United States and China created volatility in the markets. One Winnipeg-based trader said that he thinks the general feeling currently is that whatever bad […] Read more
ICE canola narrowly mixed Tuesday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 5 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed Tuesday morning, trading within a dollar of unchanged as the market saw some consolidation following recent losses. A weaker tone in the Canadian dollar to start the day provided some underlying support for canola. […] Read more
North American Grains/Oilseed Review – Canola drops with soy, spec selling
By Dave Sims, Commodity News Service Canada Winnipeg, June 4 (CNS Canada) – Canola contracts on the ICE Futures Canada platform suffered losses on Monday, following declines in the U.S. soy complex. Technical selling contributed to the downturn. A meeting between Chinese trade officials and United States Commerce Secretary Wilbur Ross over the weekend did […] Read more
ICE canola down with CBOT soybeans
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 4, 2018 (CNS Canada) – ICE Futures Canada canola contracts were down at midday Monday, as weekend rains and a downturn on the Chicago Board of Trade (CBOT) weighed on values. Rains varied across Western Canada this weekend, with Manitoba and eastern Saskatchewan receiving fairly […] Read more
ICE canola weakens Monday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 4 (CNS Canada) – ICE Futures Canada canola contracts were weaker Monday morning, taking some direction from the Chicago soy complex. Improving North American crop conditions contributed to the declines, as the better weather encourages farmer selling and investors take profits on some of their long […] Read more
North American Grain/Oilseed Review: Canola weakens as traders exit front month
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 1 (CNS Canada) – ICE Futures Canada canola contracts were steady to lower on Friday, with the largest losses in the nearby July contract as participants rolled their positions out of the front month. Intermonth spreading accounted for about three-quarters of the activity, with the July/November […] Read more
North American Grain/Oilseed Review: Canola weakens as traders exit front month
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 1 (CNS Canada) – ICE Futures Canada canola contracts were steady to lower on Friday, with the largest losses in the nearby July contract as participants rolled their positions out of the front month. Intermonth spreading accounted for about three-quarters of the activity, with the July/November […] Read more
ICE canola mixed at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 1, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mixed at midday Friday, as traders switched attention to new crop contracts. Inter-month spreading played a role as traders exited the July contract in favour of the November contract. The weaker Canadian dollar was […] Read more