Archives

By Dave Sims, Commodity News Service Canada Winnipeg, February 23 (CNS Canada) – The ICE Futures Canada canola complex finished the week on a high note. Futures eked out small gains on the back of higher vegetable oil prices and trader positioning ahead of the weekend. The most-active May contract enjoyed some technical support at […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, February 23 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher on Friday, taking strength from gains in vegetable oil markets. Technical buying was a feature of the day. Excess rain in Brazil and dry soil conditions in Argentina lent support to values. […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 23 (CNS Canada) – ICE Futures Canada canola contracts were stronger Friday morning, as supportive technical signals kept speculators on the buy side ahead of the weekend. Gains in Chicago Board of Trade soyoil and recent weakness in the Canadian dollar added to the firmer tone […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, February 22 (CNS Canada) – The ICE Futures Canada canola complex finished higher on Thursday, despite growing fears that this year’s carryout could get much larger. “We might end up being under last year’s number for exports,” said a trader in Winnipeg. “That means our carryout could […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, February 22 (CNS) – Canola contracts on the ICE Futures Canada platform were higher on Thursday in speculative trading. Parched soil conditions in Argentina and expectations for continued dry weather supported the market. The USDA has imposed new import duties on biodiesel from Argentina. A final ruling […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures Canada canola contracts traded to both sides of unchanged in overnight activity, with the bias turning higher Thursday morning. Chart-based speculative buying was a feature, as the nearby technical remain pointed higher for canola, according to participants. Weakness in the […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, February 21 (CNS Canada) – The ICE Futures Canada canola complex continued to rise alongside U.S. soybeans and soyoil. Dry weather in Argentina underpinned the futures. Spread action was steady as traders continued to roll out of the March contract and into May. Weakness in the Canadian […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, February 21 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger on Wednesday, following advances in the U.S. soy complex. Dry conditions in Argentina continue to underpin futures. Traders will be watching closely to see what news comes out of this week’s USDA outlook […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – ICE Futures Canada canola contracts were stronger Wednesday morning, finding some spillover support from advances in Chicago Board of Trade soybeans. Hot and dry weather forecasts out of Argentina remained a major driver in the oilseed markets, with excessive moisture in Brazil […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, February 20 (CNS Canada) – The ICE Futures Canada canola complex recorded gains on Tuesday, taking strength from advances in U.S. soyoil and weakness in the Canadian dollar. Funds were engaging in short-covering and traders began taking new positions. “Guys were rolling their positions forward from the […] Read more