Archives

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

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 8 (CNS Canada) – ICE Futures Canada canola contracts were posting small losses Thursday morning, although activity was thin and choppy as participants squared positions ahead of the release of the United States Department of Agriculture’s monthly supply/demand report. The USDA data will be out at […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 7 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, following Chicago Board of Trade soybeans as traders booked profits ahead of the United States Department of Agriculture monthly supply/demand report set for release on Thursday. Speculators were noted sellers, as canola backed […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 7 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Wednesday, as chart-based speculative selling helped take the market off of nearby highs. Losses in the Chicago Board of Trade soy complex contributed to the declines. Increased farmer selling also weighed on values, […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 7 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Wednesday morning, in sympathy with vegetable oil markets. Losses in U.S. soybeans were bearish for prices. Canola appears to be undergoing a slight retracement in the wake of last week’s sharp gains. There […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 6 (CNS Canada) – The ICE Futures Canada canola finished lower on Tuesday, weighed down by a stronger Canadian dollar. Increased farmer selling dragged on prices and export activity has been on the slow side. Weakness in Chicago Board of Trade soybeans added to the bearishness. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 6 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Tuesday, weighed down by strength in the Canadian currency. The Canadian dollar was roughly half a cent higher, relative to its United States counterpart, which made canola more enticing to domestic […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 6 (CNS Canada) – ICE Futures Canada canola contracts were weaker Tuesday morning, seeing a profit-taking correction after climbing higher for the past two weeks. Losses in Chicago Board of Trade soybeans and a firmer tone in the Canadian dollar contributed to the early weakness in […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, March 5 (CNS Canada) – The ICE Futures Canada canola ended higher on Monday, taking support from a falling Canadian currency. The Canadian dollar was barely hanging above the 77 US cent mark, which makes canola more enticing to foreign buyers. Gains in U.S. soybeans were supportive […] Read more