Archives

By Dave Sims, Commodity News Service Canada WINNIPEG, March 13 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, tracking gains in the U.S. soy complex. Recent weakness in the Canadian currency lent support to the market. There are ideas much of the trade is starting to shift its attention […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 12 (CNS Canada) – ICE Futures Canada canola contracts were steady to lower at Monday’s close, with losses in the front months and a firmer tone in the new crop contracts. Speculative positioning after last week’s sharp declines was a feature, according to participants. Increased farmer […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 12 (CNS Canada) – ICE Futures Canada canola contracts were lower at midday Monday, with the most active front months posting the largest losses as the old/new crop spreads narrowed in. After posting sharp losses on Friday, activity was more subdued to start the week, as […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 12 (CNS) – Canola contracts on the ICE Futures Canada platform were mostly lower Monday morning, in speculative selling. There are ideas canola has topped out on the charts. This year’s large carryout situation and expectations for increased acreage in the spring were bearish. Losses in […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 9 (CNS Canada) – The ICE Futures Canada canola complex plunged on Friday as steep losses in U.S. soybeans and strength in the Canadian currency pointed the way lower. Canola was pressured by losses in U.S. soyoil and farmer selling. Yesterday’s bearish USDA report also dragged […] Read more

WINNIPEG, March 9 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Friday, dragged down by strength in the Canadian dollar and follow-through selling. Losses in the U.S. soy complex were bearish for values. Yesterday’s USDA forecast continued to weigh on the market as the agency called for a bigger […] Read more

WINNIPEG, March 9 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Friday, dragged down by strength in the Canadian dollar and follow-through selling. Losses in the U.S. soy complex were bearish for values. Yesterday’s USDA forecast continued to weigh on the market as the agency called for a bigger […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 9 (CNS Canada) – ICE Futures Canada canola contracts were weaker Friday morning, as losses in Chicago Board of Trade soybeans and soyoil weighed on values. The nearby technical bias has shifted to the downside, which added to the softer tone as the market continued to […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 8 (CNS Canada) – The ICE Futures Canada canola complex finished slightly lower on Thursday in choppy trading. The USDA pegged the Argentine crop at 47 million tonnes, which compares with last year’s crop of 57.8 million. The canola market initially dipped when the report was […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 8 (CNS) – Canola contracts on the ICE Futures Canada platform were mostly lower at midday Thursday, as traders prepared for the release of the USDA’s monthly supply and demand report. The Canadian dollar was weaker, relative to its United States counterpart, which lent support to […] Read more