Archives

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

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

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 21 (CNS Canada) – ICE Futures Canada canola contracts were trading within a dollar of unchanged Wednesday morning, lacking any clear direction. Advances in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola as the Canadian oilseed consolidated within a narrow range. […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 20 (CNS Canada) – The ICE Futures Canada canola complex corrected higher on Tuesday, retaking some of the ground it lost after yesterday’s selloff. The Canadian dollar is relatively weak, which encouraged buying from out-of-country customers. Advances in U.S. soymeal and soybeans were supportive for canola. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 20 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday in speculative buying. The market also seemed to be undergoing a bit of a correction in the wake of yesterday’s losses. The Canadian dollar is still well below the 77 […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 20 (CNS Canada) – ICE Futures Canada canola contracts were stronger Tuesday morning, seeing a modest correction amid ideas Monday’s losses were overdone. Early gains in Chicago Board of Trade soybeans provided spillover support for canola, with the recent weakness in the Canadian dollar also underpinning […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 19 (CNS Canada) – The ICE Futures Canada canola complex finished weaker on Monday, following losses in U.S. soybeans. Farmer selling added to the downside and some funds were liquidating positions. Despite today’s losses, canola is still holding up relatively well, compared to its U.S. counterpart. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 19 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Monday, as losses in the U.S. soy complex outweighed any bullish action caused by the sinking value of the Canadian dollar. Canola futures are still long. However, some funds were exiting […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 19 (CNS Canada) – ICE Futures Canada canola contracts were weaker Monday morning, taking some direction from Chicago Board of Trade soybeans. Beneficial rain in Argentina over the weekend sparked a selloff in soybeans that spilled into the canola market. However, the moisture may be too […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 16 (CNS Canada) – ICE Futures Canada canola contracts held onto small gains on Friday, seeing some follow-through buying to end the week as supportive technical signals kept speculators on the buy side. Weakness in the Canadian dollar accounted for much of the strength in the […] Read more