Archives

By Dave Sims, Commodity News Service Canada WINNIPEG, February 20 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger on Tuesday as supportive weather issues in South America and spillover selling from the soy sector lifted the canola market. “We’re still getting short-covering coming from the funds in the March,” noted a […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures Canada canola contracts were stronger Tuesday morning, as gains in Chicago Board of Trade soybeans spilled over to provide support. Ongoing concerns over weather conditions in Argentina provided the spark for the advances in soybeans, as rainfall over the weekend […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 16 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Friday, as traders adjusted positions ahead of the long weekend. Many Canadian markets will be closed for provincial holidays on Monday, including Louis Riel Day in Manitoba and Family Day elsewhere. Meanwhile, U.S. markets […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 16 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Friday, as traders were busy adjusting positions ahead of the long weekend. ICE Futures Canada will be closed on Monday for Manitoba’s Louis Riel holiday, while United States markets will be closed for […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, February 16 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Friday morning, due to action in the Canadian currency. The Canadian dollar was lower relative to its U.S. counterpart, which made canola more attractive to international buyers. Traders were taking positions ahead of […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 15 (CNS Canada) – ICE Futures Canada canola contracts weakened on Thursday, with the largest losses coming in the final minutes of trade. After posting solid gains on Monday, canola has run into chart resistance every other day this week and continued to face speculative selling […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at midday, with losses in the front months and a firmer tone in the new crop November contract as market appears to have run into upside resistance. A softer tone in Chicago Board of […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, February 15 (CNS) – Canola contracts on the ICE Futures Canada platform were lower Thursday morning due to technical selling. Losses in U.S. soyoil were bearish for prices. A trade dispute between China and the U.S has seen some recent shipments of American soybeans refused by the […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 14 (CNS Canada) – ICE Futures Canada canola contracts settled with small losses after trading to both sides of unchanged in choppy activity on Wednesday. Consolidation after recent gains and a firmer tone in the Canadian dollar put some pressure on values, according to participants. The […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 14 (CNS Canada) – ICE Futures Canada canola contracts were posting small losses at midday Wednesday, as the market continued to see some consolidation after recent gains. Softness in Chicago Board of Trade soyoil futures and a firmer tone in the Canadian dollar contributed to the […] Read more