By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 2 (CNS Canada) – ICE Canada canola contracts were mostly lower Friday morning, as losses in CBOT soyoil and a firmer Canadian dollar weighed on values. Uncertainty ahead of next week’s Statistics Canada crop production report was another factor keeping some caution in the market, as […] Read more
ICE Canola Down Early Friday Morning
North American Grains/Oilseed Review: Canola rises with soyoil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, December 1 – THE ICE Futures Canada canola market finished higher in choppy trading on Thursday, following a rally in Chicago Board of Trade soyoil. Demand for canola remains strong while exports have picked up a bit, according to a trader in Winnipeg. Advances […] Read more
ICE Canola Chops Mostly Higher Tracking Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, December 1 – Canola contracts on the ICE Futures Canada platform were mostly higher in choppy trading at 10:43 CST on Thursday, tracking gains in Chicago Board of Trade soyoil. Malaysian palm oil, crude oil and European rapeseed futures were stronger, which underpinned the market. Canola appears […] Read more
ICE canola chopping around unchanged in early trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 1 (CNS Canada) – ICE Canada canola contracts were narrowly mixed Thursday morning, lacking any clear direction as the market saw some consolidation after Wednesday’s wide price swing. Chicago Board of Trade soybeans and soyoil were also chopping around both sides of unchanged to start the […] Read more
North American Grains/Oilseed Review: Canola records gains with soyoil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 30 – THE ICE Futures Canada canola market posted solid gains on Wednesday, pushed upwards by advances in Chicago Board of Trade soyoil. Gains in crude oil and European rapeseed futures contributed to the upside. Traders were likely adjusting positions as the March […] Read more
ICE Canola Advances Tracking Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, November 30 – Canola contracts on the ICE Futures Canada platform were higher at 10:35 CST on Wednesday, following gains in Chicago Board of Trade soyoil. Advances in crude oil and European rapeseed futures were also supportive for the market. The market is enjoying some chart support, […] Read more
ICE Canola Advances Tracking Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, November 30 – Canola contracts on the ICE Futures Canada platform were higher at 10:35 CST on Tuesday, following gains in Chicago Board of Trade soyoil. Advances in crude oil and European rapeseed futures were also supportive for the market. The market is enjoying some chart support, […] Read more
ICE Canola Corrects Higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 30 (CNS Canada) – ICE Canada canola contracts were stronger Wednesday morning, seeing a correction following Tuesday’s losses. Gains in Chicago Board of Trade soyoil contributed to the firmer tone in canola, amid ideas that the recent declines were overdone. News that OPEC (the Organization of […] Read more
North American Grains/Oilseed Review: Canola declines tracking US soy
By Dave Sims, Commodity News Service Canada Winnipeg, November 29 – THE ICE Futures Canada canola market finished lower on Tuesday, tracking losses in US soybeans and soyoil while also seeing some follow-through selling. “Canola lagged the soy markets a bit recently and hasn’t closed that gap,” noted a Winnipeg-based trader. He added a lot […] Read more
ICE Canola Declines Following US Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, November 29 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CST on Tuesday, following losses in the US soy complex and some follow-through selling. Declines in crude oil and European rapeseed futures were also bearish for values. The crop in South America […] Read more