By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Nov. 18 (CNS Canada) – ICE Futures Canada canola futures were lower at Friday’s close after chopping around both sides of unchanged in quiet activity as traders squared positions ahead of the weekend. Ongoing uncertainty over the size of this year’s canola crop remained […] Read more
North American Grain/Oilseed Review: Canola lower after quiet day
ICE canola narrowly mixed in quiet trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 18 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were narrowly mixed at midday Friday in relatively thin volumes. Ongoing uncertainty over the size of this year’s canola crop remained supportive, as traders continue to try and get a better handle on just […] Read more
ICE canola mixed, but mostly higher
By Jade Markus, Commodity News Service Canada WINNIPEG, November 18 – ICE Canada canola contracts were mixed, but mostly higher in early activity on Friday, as front contracts were supported by gains in the Chicago Board of Trade soy oil market. A stronger technical bias and independent strength also had a bullish effect on prices. […] Read more
North American Grain/Oilseed Review: Canola Up With Spec/Exporter Buying
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Nov. 17 (CNS Canada) – ICE Futures Canada canola futures were higher on Thursday, as speculators and exporters both remained on the buy side. Uncertainty over the size of this year’s Canadian canola crop added to the firmer tone, as traders continue to try […] Read more
ICE canola strengthens despite soy losses
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 17 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Thursday, as the market continued to find some independent strength despite losses in the Chicago Board of Trade soy complex. “Somebody’s buying,” said a Winnipeg broker. He was unsure just […] Read more
ICE canola gains Thursday morning
By Jade Markus, Commodity News Service Canada WINNIPEG, November 17 – ICE Canada canola contracts were stronger in early activity on Thursday, underpinned by ideas that farmer-selling could be slower due to a new cash-advance option. The Canadian Canola Growers Association is now offering cash-advances for producers with unharvested grain and oilseeds, reducing the farmer’s […] Read more
North American Grain/Oilseed Review: Canola higher, but stuck in range
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Nov. 16 (CNS Canada) – ICE Futures Canada canola futures were higher on Wednesday, as solid end-user demand provided support. Ideas that some canola will still be left unharvested in Western Canada over the winter added to the firmer tone, as the latest snowfall […] Read more
ICE canola holding onto small gains
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 16 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were holding onto small gains at midday Wednesday, as solid end user demand and a lack of significant selling pressure remained supportive. Ideas that some canola will still be left unharvested in Western Canada […] Read more
ICE canola moves higher
By Jade Markus, Commodity News Service Canada WINNIPEG, November 16 – ICE Canada canola contracts were stronger in early activity on Wednesday, tracking gains in the Chicago Board of Trade soy complex. US oilseeds advanced Wednesday morning, underpinned by strong demand, which provided spill-over support to canola. Overnight advances in the Malaysian palm oil market […] Read more
North American Grain/Oilseed Review: Canola/soybeans up with solid demand
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Nov. 15 (CNS Canada) – ICE Futures Canada canola futures were higher on Tuesday, as solid export demand and gains in the Chicago soy complex provided support. Volumes were on the light side and a lack of significant selling pressure meant that end users […] Read more