Archives

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 18 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Wednesday, as weakness in the Canadian dollar provided support. The currency was down by roughly half a cent relative to its United States counterpart at midday, making canola more attractive to international buyers. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 18 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, taking strength from gains in the U.S. soy complex. Demand for canola remains firm. The decline of Argentina’s soybean crop and the potential for delayed seeding on the Canadian Prairies was […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 17 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at Tuesday’s close, as support from gains in Chicago Board of Trade soybeans was countered by the bearish influence of the firmer Canadian dollar. Supportive technical signals contributed early gains, as recent losses were […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 17 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, taking some direction from gains in Chicago Board of Trade soybeans. Supportive technical signals contributed to the gains, while talk of possible increased export demand from China also underpinned the futures, according […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 17 (CNS) – Canola contracts on the ICE Futures Canada platform were hanging around unchanged on Tuesday. Gains in the U.S. soy complex lent support to values. Demand for canola remains firm. Cold weather across the Prairies remains a concern for farmers as the planting window […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, taking some direction from declines in the Chicago Board of Trade soy complex. Continued strength in the Canadian dollar contributed to the weaker tone, as the rising currency cuts into crush margins. However, […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 16 (CNS Canada) – ICE Futures Canada canola contracts were weaker Monday morning, taking some direction from declines in Chicago Board of Trade soybeans and soyoil. Continued strength in the Canadian dollar contributed to the declines, as the rising currency cuts into crush margins. However, snow […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 16 (CNS) – Canola contracts on the ICE Futures Canada platform were lower on Monday, weighed down by losses in Chicago Board of Trade soyoil, Malaysian palm oil and European rapeseed futures. Slight losses in CBOT soybeans added to the downside. Recent strength in the Canadian […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, April 13 (CNS Canada) – The ICE Futures Canada canola market suffered losses on Friday, as traders positioned themselves ahead of the weekend. Declines in the United States soy complex also dragged down prices. Technical resistance was a factor behind the losses and there are still ideas […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, April 13 (CNS) – Canola contracts on the ICE Futures Canada platform were softer at midday Friday, as strength in the Canadian dollar pressured the market. Canola was also feeling some technical resistance, according to a Winnipeg-based analyst. “The overhead resistance remains formidable when nearby canola futures […] Read more