By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 8 (CNS Canada) – ICE Futures Canada canola contracts were stronger Tuesday morning, as gains in Chicago Board of Trade soybeans and weakness in the Canadian dollar provided support. The currency was down by roughly half a cent relative to its United States counterpart, which underpins […] Read more
ICE canola strengthens as CAD declines
North American Grains/Oilseed Review – Canola dips in thin volumes
By Dave Sims, Commodity News Service Canada Winnipeg, May 7 (CNS Canada) – The ICE Futures Canada canola market finished lower on Monday, tracking losses in U.S. soybeans. Warm weather across Western Canada helped farmers make good seeding progress over the weekend, which dragged on prices. The favorable temperatures are reinforcing expectations that a large […] Read more
ICE canola dips with soybeans
By Dave Sims, Commodity News Service Canada WINNIPEG, May 7 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Monday, weighed down by losses in Chicago Board of Trade soybeans. Warm temperatures across much of Western Canada over the weekend helped farmers make good seeding progress, which dragged on values. […] Read more
ICE canola follows soybeans lower
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 7 (CNS Canada) – ICE Futures Canada canola contracts were posting losses Monday morning in thin and choppy activity, taking some direction from Chicago Board of Trade soybeans. Good seeding weather across Western Canada added to the softer tone, as the favourable conditions helped bolster expectations […] Read more
North American Grain/Oilseed Review: Canola mixed at the close
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 4 (CNS Canada) – ICE Futures Canada canola contracts settled mixed on Friday, with losses in the front months and gains in the more deferred positions as the old/new crop spreads narrowed in ahead of the weekend. Good seeding weather across the Prairies and spillover selling […] Read more
ICE canola down at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 4 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Friday, as good Prairie seeding weather and losses in Chicago Board of Trade soybeans weighed on values. Concerns over the lack of Chinese demand for soybeans from the United States weighed on the […] Read more
ICE Canola tracks losses in U.S. soy
By Dave Sims, Commodity News Service Canada WINNIPEG, May 4 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Friday morning, as declines in the U.S. soy complex offset weakness in the Canadian dollar. Canola prices have been trending lower all weak and appear unable to shake out of the slump. Farmers […] Read more
North American Grain/Oilseed Review: Canola mixed, beans rally late
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 3 (CNS Canada) – ICE Futures Canada canola contracts settled narrowly mixed on Thursday, recovering off of earlier lows as Chicago Board of Trade soybeans rallied late in the session. Large old crop supplies and improving seeding weather across the Prairies weighed on values, according to […] Read more
ICE canola weakens with soybeans at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 3 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Thursday in light trade. Losses in the Chicago Board of Trade soy complex accounted for much of the spillover selling pressure in canola, with bearish technical signals also weighing on values. “The bias […] Read more
ICE Canola Declines with U.S. Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, May 3 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Thursday morning, following losses in the U.S. soy complex. Strength in the Canadian dollar was also bearish for canola as it made the commodity less attractive to international buyers. Malaysian palm oil futures […] Read more