Archives

By Dave Sims, Commodity News Service Canada WINNIPEG, March 5 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Monday, due to weakness in the Canadian currency. Gains in U.S. soybeans and soyoil added to the upside. Concerns over dry conditions in Argentina were supportive. The most-active May contract punched […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 5 (CNS Canada) – ICE Futures Canada canola contracts were stronger Monday morning, as weakness in the Canadian dollar and gains in Chicago Board of Trade soyoil provided support. Bullish technical signals contributed to the gains, as the market trended higher for the past month and […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, MB, March 2, 2018 (CNS Canada) – The ICE Futures Canada canola posted gains to finish the week, taking support from the Canadian currency. The Canadian dollar was lower, relative to its U.S. counterpart, which made canola more attractive to international buyers. Gains in U.S. soybeans were […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, MB, March 2, 2018 (CNS Canada) – The ICE Futures Canada canola posted gains to finish the week, taking support from the Canadian currency. The Canadian dollar was lower, relative to its U.S. counterpart, which made canola more attractive to international buyers. Gains in U.S. soybeans were […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 2 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger at midday Friday, due to weakness in the Canadian currency. U.S. President Donald Trump’s proposal to impose stiff tariffs on steel and aluminum imports rattled investors around the world, throwing some caution into […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 2 (CNS) – Canola contracts on the ICE Futures Canada platform were bouncing around unchanged Friday morning in choppy trading. Weakness in the Canadian dollar was supportive as it made canola more attractive to domestic crushers and foreign buyers. Dry conditions in Argentina continue to cut […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 1 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Thursday, seeing a continuation of their month-long uptrend as supportive technical signals and gains in the Chicago Board of Trade soy complex provided support. Weakness in the Canadian dollar contributed to the gains, as […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 1 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Thursday, as weakness in the Canadian dollar and gains in Chicago Board of Trade soybeans and the United States wheat markets provided support. Canola remains in a well-established technical uptrend, which kept speculators […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, March 1 (CNS) – Canola contracts on the ICE Futures Canada platform were mostly lower Thursday morning, tracking losses in vegetable oil markets. Declines in U.S. soybeans and farmer selling added to the downside. There are ideas the market is slightly overbought. However, the most-active May contract […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 28 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, hitting their highest levels in three months as gains in Chicago Board of Trade soybeans and weakness in the Canadian dollar provided support. While CBOT soyoil futures were softer on the day, the […] Read more