By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 4 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, as an escalating trade dispute between China and the United States could open the door for more Canadian business. Responding to U.S. threats, China announced proposed tariffs of its own on a wide […] Read more
North American Grain/Oilseed Review: China/U.S. trade war roils ag markets
ICE canola up at midday despite soy losses
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 4 (CNS Canada) – ICE Futures Canada canola contracts were holding onto small gains in most months at midday Wednesday, despite sharp losses in the Chicago Board of Trade soy complex. News that China would impose 25 per cent tariffs on soybeans from the United States […] Read more
ICE Canola Dips after Chinese Tariffs Hit Soybeans
By Dave Sims, Commodity News Service Canada WINNIPEG, April 4 (CNS) – Canola contracts on the ICE Futures Canada platform were lower on Wednesday, following a sharp selloff in U.S. soybeans. China’s decision to impose a 25 per cent tariff on soybean imports sent U.S. soybean futures plunging. The penalties don’t kick in right away […] Read more
North American Grain/Oilseed Review: Canola strengthens with soyoil
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 3 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, finding some support from advances in Chicago Board of Trade soyoil. Bullish chart-signals contributed to the gains, although canola ran into some resistance to the upside as values neared their best levels of […] Read more
ICE canola strengthens following soyoil
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 3 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, taking some direction from the gains in Chicago Board of Trade soybeans and soybean oil. “Bean oil is getting a kick and breaking through some trend lines,” said a trader. Nearby chart-signals […] Read more
ICE Canola Firms with Soy Complex
By Dave Sims, Commodity News Service Canada WINNIPEG, April 3 (CNS) – Canola contracts on the ICE Futures Canada platform were higher on Monday, following gains in the U.S. soy complex. Canola was testing key resistance on the charts, creating ideas the buying could build on itself. Canola continues to lag soybeans to the upside […] Read more
North American Grain/Oilseed Review: Canola firms, while beans fall
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 2 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Monday, as supportive chart signals and improving crush margins kept both processors and speculators on the buy side to start the week. Advances in Chicago Board of Trade soyoil and weakness in the Canadian […] Read more
ICE canola strengthens with improving crush margins
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 2 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Monday, as improving crush margins provided support. Gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar underpinned crush margins, keeping domestic processors on the buy side, according to participants. […] Read more
ICE Canola Rises with U.S. Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, April 2 (CNS) – Canola contracts on the ICE Futures Canada platform were higher on Monday, taking strength from gains in U.S. soybeans and vegetable oil markets. The market continues to take support from Thursday’s USDA report, which surprisingly pegged soybean acreage below 90 million acres. Speculative […] Read more
North American Grains/Oilseed Review – Canola rises in wake of USDA report
By Dave Sims, Commodity News Service Canada Winnipeg, March 29 (CNS Canada) – The ICE Futures Canada canola complex finished higher on Thursday, pushed up by a USDA report that surprisingly lowered the amount of soybeans that are expected to be planted in the United States. The market was also chopping around a bit as […] Read more