By Dave Sims, Commodity News Service Canada WINNIPEG, June 1 (CNS) – Canola contracts on the ICE Futures Canada platform were mixed Friday morning. Technical selling weighed down the front-month July contract while gains in soybeans and soyoil were supporting the more deferred values. Some traders were rolling out of the nearby contract while others […] Read more
ICE Canola mixes around
North American Grain/Oilseed Review: Canola weakens as conditions improve
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 31 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower on Thursday, as recent rainfall across much of Western Canada had investors taking some of the weather premiums out of the futures. The improving moisture conditions also encouraged some farmer selling, according to traders. […] Read more
ICE canola lower at midday as rain boosts farmer selling
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, May 31, 2018 (CNS Canada) – ICE Futures Canada canola contracts were down at midday Thursday, as grower selling weighed on contracts. Growers were starting to sell more as recent rains across the Prairies boosted their confidence. According to one Winnipeg based trader, there wasn’t a […] Read more
ICE Canola dips with rain and technical selling
By Dave Sims, Commodity News Service Canada WINNIPEG, May 31 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker in technical selling Thursday morning. This week’s rain in Western Canada helped alleviate concerns over excess dryness in many areas. Recent strength in the Canadian dollar was bearish for values. Global trade uncertainties […] Read more
North American Grain/Oilseed Review: Canola ends down as C$ rises
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 30 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower on Wednesday, as strength in the Canadian dollar and improving moisture conditions across much of the Prairies weighed on values. The currency was up by roughly three-quarters of a cent relative to its counterpart […] Read more
ICE canola weakens at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 30 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, as improving moisture conditions across much of Western Canada weighed on values. Losses in Chicago Board of Trade soybeans and strength in the Canadian dollar added to the weaker tone in canola, […] Read more
ICE Canola bouncing around unchanged
By Dave Sims, Commodity News Service Canada WINNIPEG, May 30 (CNS) – Canola contracts on the ICE Futures Canada platform were mixed Wednesday morning. The front-month July contract took strength from gains in vegetable oil while the more deferred values dropped as rains across Western Canada pressured the market. The moisture is expected to alleviate […] Read more
North American Grain/Oilseed Review: Canola up despite soybean losses
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 29 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, largely ignoring a downturn in the Chicago Board of Trade soy complex. The losses in soybeans were tied to renewed concerns over the trade dispute between China and the United States, with any […] Read more
ICE canola lackluster at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, May 28, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mixed at midday, with no clear path. The canola market was fluctuating within a narrow range at midday Tuesday. According to one Winnipeg based trader it was pretty hard to get a sense of […] Read more
North American Grain/Oilseed Review: Canola weakens in thin holiday trade
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 28 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, although activity was thin and choppy with markets in the United States closed for Memorial Day. Scattered thunderstorm activity across many areas of Western Canada over the weekend accounted for some of the […] Read more