By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 8 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down sharply at midday Thursday, as losses in the Chicago Board of Trade soy complex weighed on values. The sharp declines in soyoil that spilled into canola were tied to news that US […] Read more
ICE canola drops with soyoil
ICE canola loses ground
By Jade Markus, Commodity News Service Canada WINNIPEG, December 8 – ICE Canada canola contracts were weaker in early activity on Thursday, tracking declines in the Chicago Board of Trade soy complex. CBOT soybeans, soymeal and soy oil were weaker in early activity, pressured by position squaring ahead of data from the United States Department […] Read more
North American Grain/Oilseed Review: Canola Ends Mixed
By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, Dec. 7 (CNS Canada) – ICE Futures Canada canola futures were mixed at Wednesday’s close, with gains in the most active nearby contracts and losses in the deferred new crop contracts. Canola remains relatively cheap compared to other oilseeds, which kept exporters and domestic […] Read more
ICE Canola Rises With Soyoil, Good Demand
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, as solid end user demand provided support. Canola remains relatively cheap compared to other oilseeds, which was keeping exporters and domestic crushers on the buy side, according to participants. […] Read more
ICE canola weaker in early activity
By Jade Markus, Commodity News Service Canada WINNIPEG, December 7 – ICE Canada canola contracts were weaker in early activity on Wednesday, feeling pressure from other vegetable oil markets. Chicago Board of Trade soy oil was lower Wednesday morning, while Malaysian palm oil declined overnight, which had a bearish effect on canola. Ideas that South […] Read more
North American Grain/Oilseed Review: Canola holds onto gains after StatsCan report
By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, Dec. 6 (CNS Canada) – ICE Futures Canada canola futures held onto small gains in most months on Tuesday, as strength in the US soy complex and a relatively favourable Statistics Canada production report provided support. StatsCan pegged this year’s canola crop at 18.4 […] Read more
ICE Canola Up Following StatsCan Report
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, as the market reacted to a somewhat supportive production estimate from Statistics Canada. The government agency pegged the country’s 2016/17 canola crop at 18.4 million tonnes. While that was […] Read more
ICE canola rises post-data, tracking soybeans
By Jade Markus, Commodity News Service Canada WINNIPEG, December 6 – ICE Canada canola contracts were stronger in early activity on Tuesday, propped up by advances in the Chicago Board of Trade soy complex. CBOT soybeans, soy meal, and soy oil gained ground Tuesday morning, underpinned by ideas that US export demand will pick up. […] Read more
North American Grain/Oilseed Review: Canola drops while soybeans rise
By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, Dec. 5 (CNS Canada) – ICE Futures Canada canola futures were down on Monday, despite a rally in Chicago Board of Trade soybeans, as traders positioned themselves ahead of Tuesday’s Statistics Canada production report. While cold and wet conditions caused harvest delays across much […] Read more
ICE Canola Edges Down At Midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 5 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were posting small losses in most months at midday Monday, with positioning ahead of Tuesday’s Statistics Canada production report behind some of the activity. Traders are generally expecting canola production to come in above […] Read more