By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 23 (CNS Canada) – ICE Futures Canada canola contracts were stronger Wednesday morning, finding some support from a downturn in the Canadian dollar. Gains in Chicago Board of Trade soybeans and soyoil added to the firmer tone in canola, according to participants. Ongoing concerns over dryness […] Read more
ICE canola up early Wednesday
North American Grains/Oilseed Review – Canola lags soybeans to the upside
By Dave Sims, Commodity News Service Canada Winnipeg, May 22 (CNS Canada) – The ICE Futures Canada canola market ended slightly higher on Tuesday, taking strength from gains in Chicago Board of Trade soybeans and soymeal. Much of Canada’s canola crop could use more rain, which lent support to prices. Technical buying was a feature […] Read more
ICE canola up with news of possible U.S./China deal
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, May 22, 2018 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, taking strength from developments south of the border. News a potential trade agreement could be reached between the United States and China was supportive for Chicago Board of Trade (CBOT) […] Read more
ICE canola strengthens with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 22 (CNS Canada) – ICE Futures Canada canola contracts were stronger Tuesday morning, taking some direction from the Chicago Board of Trade soy complex. Soybeans posted solid gains on Monday, when Canadian markets were closed for Victoria Day, and remained pointed higher on Tuesday. Ongoing concerns […] Read more
North American Grain/Oilseed Review: Canola mixed ahead of long weekend
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 18 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at Friday’s close, retreating from earlier gains with losses in the nearby July contract and strength in the new crop months. Positioning ahead of the long weekend was a feature, as Canadian markets will […] Read more
ICE canola rises with soy complex
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 18 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Friday, taking some direction from the Chicago Board of Trade soy complex. Weakness in the Canadian dollar added to the firmer tone, as the currency dipped back below 78 U.S. cents. News that […] Read more
ICE Canola lifted by U.S. soy
By Dave Sims, Commodity News Service Canada WINNIPEG, May 18 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger Friday morning, pushed higher by strength in the Chicago Board of Trade soy complex. Weakness in the value of the Canadian dollar, relative to its U.S. counterpart, was supportive for futures. The front-month […] Read more
North American Grain/Oilseed Review: Canola corrects higher
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 17 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Thursday, seeing a modest recovery after Wednesday’s declines. Gains in Chicago Board of Trade soyoil provided some spillover support for canola, although soybeans were lower. There were some ideas circulating the market that looming […] Read more
ICE canola up with soyoil at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 17 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Thursday, seeing a modest recovery after Wednesday’s declines. Gains in Chicago Board of Trade soyoil contracts provided some spillover support for canola, although soybeans held closer to unchanged. Dry conditions across much of […] Read more
ICE Canola firms with veg oil
By Dave Sims, Commodity News Service Canada WINNIPEG, May 17 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger Thursday morning, following gains in vegetable oil and enjoying some follow-through buying. Advances in Chicago Board of Trade soybeans were also bullish for canola futures. The Canadian dollar was weaker, relative to its […] Read more