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By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, taking some direction from Chicago Board of Trade soybeans and soyoil. Strength in the Canadian dollar added to the weaker tone in canola, as the currency rallied back above 78 U.S. cents. Bearish […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, as losses in the Chicago Board of Trade soy complex and strength in the Canadian dollar weighed on values. Bearish chart signals exaggerated the move lower as the July contract dipped below […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 16 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Wednesday morning, pressed down by strength in the Canadian dollar. Losses in the U.S. soy complex and Malaysian palm oil futures weighed on the market. Showers are expected to fall over parts of […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 15 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, with weakness in the Canadian dollar behind some of the strength. Dryness concerns across much of the Prairies were also supportive. Many areas are in need of moisture, but there is little in […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 15 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, as weakness in the Canadian dollar provided support. The currency was down by more than half a cent relative to its United States counterpart, which underpins crush margins and makes exports more […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 15 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, as weakness in the value of the Canadian dollar, relative to its U.S. counterpart, made the commodity more lucrative to international buyers. Dry conditions in parts of Western Canada underpinned the […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 14 (CNS Canada) – ICE Futures Canada canola contracts settled near unchanged in the most active months on Monday, retreating from earlier gains as the market ran into technical resistance. Gains in Chicago Board of Trade soybeans provided support for most of the session, but soyoil […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 14 (CNS Canada) – ICE Futures Canada canola contracts were stronger Monday morning, taking some direction from advances in the Chicago Board of Trade soy complex. “There’s not much going on, but we have a nice bounce,” said a Winnipeg-based trader linking the strength in both […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 14 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Monday morning, tracking gains in the Chicago Board of Trade soy complex. Concerns over excess dryness in parts of Western Canada and slow farmer selling underpinned the futures. The July contract was enjoying […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, May 11 (CNS Canada) – The ICE Futures Canada canola market ended lower on Friday, tracking losses in Chicago Board of Trade soybeans. Fund action was extremely limited, resulting in a day of low-volume trade. Statistics Canada released stocks numbers today that pegged canola stocks at a […] Read more