By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 29 (CNS Canada) – ICE Canada canola contracts were down Tuesday morning, seeing some follow-through selling after Monday’s technically bearish close. Canola briefly traded at its highest levels in five months on Monday, but ran into resistance and speculative selling came forward to weigh on prices. […] Read more
ICE Canola Down With Follow-Through Selling
North American Grains/Oilseed Review: Canola dips with currency action
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 28 – THE ICE Futures Canada canola market finished lower on Monday, as strength in the Canadian dollar put a bearish tone on prices. The Canadian dollar was over half a cent stronger relative to its US counterpart, which made canola less attractive […] Read more
North American Grains/Oilseed Review: Canola dips with currency action
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 28 – THE ICE Futures Canada canola market finished lower on Monday, as strength in the Canadian dollar put a bearish tone on prices. The Canadian dollar was over half a cent stronger relative to its US counterpart, which made canola less attractive […] Read more
ICE Canola Declines With Currency Issues
By Dave Sims, Commodity News Service Canada WINNIPEG, November – Canola contracts on the ICE Futures Canada platform were lower at 10:40 CST on Monday, weighed down by action in the Canadian currency. The Canadian dollar was over half a cent higher than its US counterpart, which made canola less attractive to foreign buyers. Losses […] Read more
ICE canola up Monday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 28 (CNS Canada) – ICE Canada canola contracts were up Monday morning, with gains in the Chicago Board of Trade soy complex providing some spillover support. Malaysian palm oil and European rapeseed futures were also up in overnight activity. The nearby technical bias is pointing higher, […] Read more
North American grain/oilseed review: Canola ends higher ahead of the weekend
By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, November 25 – ICE Futures Canada canola ended higher on Friday, underpinned by follow-through buying. Ideas that demand for biofuel will be stronger in 2017 caused sharp advances in Chicago Board of Trade soy oil earlier in the week, and traders continued tracking those […] Read more
ICE canola stronger at midday
By Jade Markus, Commodity News Service Canada WINNIPEG, November 25 – ICE Canada canola contracts were stronger at midday on Friday, in follow-through buying the day after US markets were closed for Thanksgiving. Chicago Board of Trade soy oil saw sharp advances on Wednesday, which supported canola, though traders had lagged that market to the […] Read more
ICE Canola Firms with Vegetable Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, November 25 – Canola contracts on the ICE Futures Canada platform were higher Friday morning, while CBOT soyoil was down slightly it posted large gains Wednesday which continued to provide support for canola. US markets will be closing early today following Thanksgiving while Canadian markets remain open […] Read more
North American grain/oilseed review: Canola closes lower
By Jade Markus, Commodity News Service Canada ICE Futures Canada canola ended lower on Thursday, in a slight correction after yesterday’s sharp advances. Traders were reluctant to make any big moves, as US markets were closed for Thanksgiving. However, ideas that soy oil’s recent rally, which had underpinned canola, may not be able to last […] Read more
ICE canola edges lower
By Jade Markus, Commodity News Service Canada WINNIPEG, November 24 – ICE Canada canola contracts were weaker at midday on Thursday, pressured by ideas that sharp gains in Chicago Board of Trade soy oil won’t last. Yesterday CBOT soy oil gained more than six per cent in front contracts, which provided spill over support to […] Read more