Archives

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 27 (CNS Canada) – ICE Futures Canada canola contracts were holding onto small gains Friday morning in the most active contracts, finding themselves caught between a bullish Statistics Canada acreage estimate and bearish activity in outside vegetable oil markets. Canadian farmers intend to plant 21.4 million […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, April 26 (CNS Canada) – The ICE Futures Canada canola market finished weaker on Thursday in technical selling. Traders were positioning themselves ahead of tomorrow’s acreage report by Statistics Canada. Some farmers in Western Canada will likely begin planting next week due to the warm weather. Canola […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 26 (CNS) – Canola contracts on the ICE Futures Canada platform were mixed at midday Thursday, as traders took positions ahead of tomorrow’s acreage estimates by Statistics Canada. Most analysts expect Friday’s report to call for record canola plantings in Western Canada. Warm weather in Western […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 26 (CNS Canada) – ICE Futures Canada canola contracts were weaker Thursday morning, as the market continued to back away from nearby highs amid ideas it’s looking expensive compared to other oilseeds. Statistics Canada releases its first survey-based acreage projections of the year on Friday, and […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, April 25 (CNS Canada) – The ICE Futures Canada canola market finished lower on Wednesday, tracking losses in U.S. soyoil and Malaysian palm oil. Overhead resistance weighed on the market while traders continued to exit the May contract. There are widespread expectations this Friday’s acreage estimates from […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 25 (CNS) – Canola contracts on the ICE Futures Canada platform were mostly higher at midday Wednesday, propped up by weakness in the Canadian dollar. Gains in Chicago Board of Trade soybeans were supportive for canola. Traders were also taking positions ahead of the release of […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 25 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed Wednesday morning in thin and choppy trade. Weakness in Chicago Board of Trade soyoil futures, improving Prairie weather conditions, expectations for record large Canadian canola acres this spring, and ideas that canola is looking […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, April 24 (CNS Canada) – The ICE Futures Canada canola market finished mixed in choppy trading on Tuesday. Warmer weather across the Prairies and ideas the market was somewhat overbought weighed on the more deferred contracts while technical buying bolstered the front-month contracts. Traders were exiting the […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 24 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Tuesday, weighed down by speculative selling. Improving weather conditions across the Canadian Prairies and ideas the futures were overbought also dragged down values. Traders were positioning themselves ahead of the release […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 24 (CNS Canada) – ICE Futures Canada canola contracts were posting small losses Tuesday morning amid ideas that the market was looking expensive compared to other oilseeds. Warming temperatures across Western Canada contributed to the declines, as the better weather helped ease concerns over a late […] Read more