Archives

By Dave Sims, Commodity News Service Canada WINNIPEG, March 29 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker at midday Tuesday, as traders prepared for a USDA report, widely presumed to be bearish for canola. The agency will release its Prospective Plantings and Quarterly Grain Stocks Report at 11:00 CDT. Most […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 28 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker on Thursday, in sympathy with the United States soy complex. Today at 11:00 CDT the USDA is scheduled to release its Prospective Plantings and Quarterly Grain Stocks Reports. Most analysts expect the agency […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 28 (CNS Canada) – The ICE Futures Canada canola complex finished mostly lower on Tuesday, as traders positioned themselves ahead of tomorrow’s USDA planting intentions report. Spreads were narrowing in too, particularly the July/November set. Losses in United States soybeans weighed on prices. Ideas that canola […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 28 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Tuesday, as weakness in the price of United States soybeans provided the path of least resistance. Farmer hedges and some technical selling put pressure on the market. There are ideas that […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 28 (CNS) – Canola contracts on the ICE Futures Canada platform were lower on Wednesday, following losses in the United States soy complex and Malaysian palm oil. Traders were adjusting positions ahead of tomorrow’s USDA planting intentions and stocks report. The technical upside is limited but […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 27 (CNS Canada) – The ICE Futures Canada canola complex ended mixed on Tuesday, with the nearby May contract propped up by the Canadian currency while the more-deferred contracts sank in sympathy with U.S soybeans. Farmer hedges were a feature of the day’s activity and put […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 27 (CNS) – Canola contracts on the ICE Futures Canada platform were mixed at midday Tuesday. The market was mostly higher, pushed up by weakness in the Canadian currency, relative to its U.S. counterpart. Speculative selling added to the upside along with a recent uptick in […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 27 (CNS Canada) – ICE Futures Canada canola contracts were mixed Tuesday morning, with gains in the front months and a softer tone in the more deferred positions. Activity was thin and choppy, as traders were showing a reluctance to push values too far one way […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 26 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Monday, as supportive chart signals kept speculators on the buy side to start the week. Gains in Chicago Board of Trade soyoil futures and a softer tone in the Canadian dollar were also supportive, […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 26 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Monday, taking some direction from advances in Chicago Board of Trade soybeans and weakness in the Canadian dollar. Supportive technical signals and the resulting speculative buying interest contributed to the firmer tone in […] Read more