Archives

By Dave Sims, Commodity News Service Canada WINNIPEG, May 11 (CNS) – Canola contracts on the ICE Futures Canada platform were mixed at midday Friday, as traders reacted to the release of Statistics Canada’s grain and oilseed stocks report. The report pegged canola stocks as of March 31 at a massive 9.1 million tonnes, the […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 11 (CNS Canada) – ICE Futures Canada canola contracts were weaker Friday morning, with confirmation of large canola stocks behind some of the selling pressure. Statistics Canada pegged canola supplies in the country as of March 31, 2018, at 9.1 million tonnes. That was well above […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, May 10 (CNS Canada) – The ICE Futures Canada canola market ended higher on Thursday, as a new report from the USDA indicated ending stocks of U.S. soybeans would be smaller than expected. Many analysts had predicted ending stocks would rise slightly, but the agency pegged them […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 10 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher Thursday morning, as traders positioned themselves ahead of the release of the USDA’s monthly World Agricultural Supply and Demand estimates. The report includes stocks data and the first production estimate of the […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 10 (CNS Canada) – ICE Futures Canada canola contracts were weaker Thursday morning, as strength in the Canadian dollar weighed on values. The currency was up by another half a cent relative to the United States dollar after already posting solid gains on Wednesday, which cuts […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, May 9 (CNS Canada) – The ICE Futures Canada canola market ended mixed on Wednesday. The front-month July contract was boosted by gains in soyoil while the more deferred contracts were pressured by strength in the Canadian dollar. Traders were positioning themselves ahead of North American stocks […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 9 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Wednesday, tracking gains in Chicago Board of Trade soyoil. Slow farmer selling and persistent wet conditions in parts of Alberta were bullish for values. As the trade dispute between the United […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 9 (CNS Canada) – ICE Futures Canada canola contracts were stronger Wednesday morning, although activity was thin and choppy. Gains in Chicago Board of Trade soyoil provided some support for canola, as world vegetable oil markets reacted to a rally in crude oil. Dryness concerns in […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, May 8 (CNS Canada) – The ICE Futures Canada canola market posted gains on Tuesday, taking strength from a weaker Canadian dollar. Soybeans on the Chicago Board of Trade were higher, which helped prop up the market. Canola lagged the U.S. market by a few dollars amid […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, May 8 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Tuesday, propped up by weakness in the Canadian dollar. Advances in Chicago Board of Trade soybeans lent support to canola. Speculators were liquidating their long positions, according to a trader. Low […] Read more