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
North American Grain/Oilseed Review: Canola rises to three-month highs
ICE canola rises with soybeans, weak Canadian dollar
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 28 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Wednesday, as weakness in the Canadian dollar and gains in Chicago Board of Trade soybeans provided support. Crush margins have shown some considerable improvement over the past few weeks, making canola more attractive […] Read more
ICE Canola Firms with Soy Despite Farmer Selling
By Dave Sims, Commodity News Service Canada WINNIPEG, February 28 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger Wednesday morning, taking strength from gains in the U.S. soy complex. Excess moisture in Brazil continues to hamper harvest efforts while dryness in Argentina is damaging the soybean crop. The most-active May contract […] Read more
ICE Canola Firms with Soy Despite Farmer Selling
By Dave Sims, Commodity News Service Canada WINNIPEG, February 28 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger Wednesday morning, taking strength from gains in the U.S. soy complex. Excess moisture in Brazil continues to hamper harvest efforts while dryness in Argentina is damaging the soybean crop. The most-active May contract […] Read more
North American Grain/Oilseed Review: Canola mixed after choppy day
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 27 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at Tuesday’s close, after bouncing around both sides of unchanged in choppy activity. Gains in Chicago Board of Trade soybeans and weakness in the Canadian dollar provided support for most of the day, with […] Read more
ICE canola mixed at midday Tuesday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 27 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at midday Tuesday, as conflicting outside forces pulled on the market. “It’s in bit of a tug of war,” said a broker noting that losses in soyoil on the one side were being countered […] Read more
ICE Canola Weakens with Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, February 27 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker Tuesday morning, in sympathy with U.S. soyoil. The estimated size of the soybean crop in Brazil continues to rise, which was bearish for prices. Technical selling was a feature of the session in […] Read more
North American Grain/Oilseed Review: Canola continues higher
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 26 (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Monday, posting gains for the sixth straight session as both the fundamentals and technicals provided support. Weather concerns out of Argentina remained a supportive influence, as forecasts calling for hot and dry weather […] Read more
ICE canola climbs higher with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 26 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Monday, as gains in Chicago Board of Trade soybeans provided support. Weather concerns out of Argentina remained a key driver in the oilseed markets to start the week, as forecasts calling for hot […] Read more
ICE Canola Rises with Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, February 26 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Monday morning, tracking gains in the U.S. soy complex. The Canadian dollar was lower relative to its U.S. counterpart, which made canola more attractive to international buyers. Dry weather in Argentina was supportive […] Read more