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
ICE canola strengthens at midday
ICE Canola Climbs with Veg Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, March 26 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger on Monday, taking strength from advances in U.S. soyoil. Speculative buying added to the upside as traders prepared for the release of the USDA’s seeding intentions report on Thursday. Gains in Malaysian palm […] Read more
North American Grain/Oilseed Review: Canola recovers to post small gains
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 23 (CNS Canada) – ICE Futures Canada canola contracts settled with small gains on Friday, recovering from earlier losses as speculative buying interest provided support. After drifting lower with Chicago Board of Trade soybeans and soyoil in early activity, canola uncovered some support of its own […] Read more
ICE canola trending down with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 23 (CNS Canada) – ICE Futures Canada canola contracts were posting small losses at midday Friday, taking some direction from declines in Chicago Board of Trade soybeans. Concerns over a mounting trade dispute between China and the United States accounted for much of the weakness in […] Read more
ICE canola weaker early Friday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 23 (CNS Canada) – ICE Futures Canada canola contracts were weaker Friday morning, as losses in Chicago Board of Trade soybeans and strength in the Canadian dollar weighed on the market. Concerns over a mounting trade dispute between China and the United States accounted for some […] Read more
North American Grains/Oilseed Review – Canola slips with soyoil
By Dave Sims, Commodity News Service Canada Winnipeg, March 22 (CNS Canada) – The ICE Futures Canada canola complex finished lower on Thursday, due to weakness in U.S. soyoil. The May contract ran into some technical resistance, which drove it lower. Large world supplies of oilseeds weighed on prices. The Canadian dollar has risen significantly […] Read more
ICE Canola Softens in Thin Trade
By Dave Sims, Commodity News Service Canada WINNIPEG, March 22 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker at midday Wednesday as the market appeared to be consolidating in light trade. Losses in U.S. soybeans and soyoil dragged down the market. The Canadian dollar has gained roughly a cent and a […] Read more
ICE Canola Dips with Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, March 22 (CNS) – Canola contracts on the ICE Futures Canada platform were lower on Thursday, due to weakness in U.S. soyoil. Recent strength in the value of the Canadian dollar weighed on values. Expectations that this year’s carryout will be two million tonnes or more discouraged […] Read more
North American Grains/Oilseed Review – Canola ends mixed as C$ offsets rise in soyoil
By Dave Sims, Commodity News Service Canada Winnipeg, March 21 (CNS Canada) – The ICE Futures Canada canola complex finished higher on Wednesday, taking strength from gains in U.S. soyoil. Speculative buying and slight gains in U.S. soybeans were also supportive for the market. Recent exports of both old crop and new crop were bullish […] Read more
ICE Canola Firms with Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, March 21 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, taking strength from advances in U.S. soyoil. Futures appear to be consolidating in the wake of yesterday’s bounce. There are ideas the Prairies could see a lot of spring moisture […] Read more