By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 15 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, as solid end-user demand and a lack of significant selling pressure provided support. “We’re up on thin volume and a lack of selling,” said a broker. He added that […] Read more
ICE canola up at midday Tuesday
ICE canola edges up
By Jade Markus, Commodity News Service Canada WINNIPEG, November 15 – ICE Canada canola contracts were slightly stronger in early activity on Tuesday, underpinned by US soy markets. Chicago Board of Trade soymeal and soy oil advanced Tuesday morning, while soybeans were mostly higher in choppy trade, which supported canola. Traders say the market has […] Read more
North American Grains/Oilseed Review: Canola declines with US soy, veg oil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 14 – THE ICE Futures Canada canola market finished lower on Monday, weighed down by losses in vegetable oil and Chicago Board of Trade soybeans. Declines in crude oil added to the downside. Weather conditions in South America have been generally favourable for […] Read more
ICE Canola Declines Tracking Vegetable Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, November 14 – Canola contracts on the ICE Futures Canada platform were lower at 10:40 CST on Monday, following losses in vegetable oil. Malaysian palm oil futures declined by four per cent on Monday, according to a report. European rapeseed futures and Chicago Board of Trade soyoil […] Read more
ICE canola declines following long weekend
By Jade Markus, Commodity News Service Canada WINNIPEG, November 14 – ICE Canada canola contracts were weaker in early activity on Monday, tracking losses in US oilseed markets. Chicago Board of Trade soybeans, soymeal, and soy oil declined Monday morning, pressured by the advancing US harvest and the country’s stronger currency. Catch-up selling was also […] Read more
North American Grains/Oilseed Review: Canola rises tracking US soy
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 10 – THE ICE Futures Canada canola market finished higher on Thursday, tracking gains in the US soy complex. Gains in vegetable oil were also bullish for canola. Despite a recent wave of warm weather, farmers in Western Canada are making slow progress […] Read more
North American Grains/Oilseed Review: Canola rises tracking US soy
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 10 – THE ICE Futures Canada canola market finished higher on Thursday, tracking gains in the US soy complex. Gains in vegetable oil were also bullish for canola. Despite a recent wave of warm weather, farmers in Western Canada are making slow progress […] Read more
ICE Canola Rises As Canadian Dollar Slumps
By Dave Sims, Commodity News Service Canada WINNIPEG, November 10 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CST on Thursday, taking strength from action in the Canadian currency. The Canadian dollar was about a third of a cent weaker compared to its US counterpart, which made canola more attractive […] Read more
ICE canola up Thursday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 10 (CNS Canada) – ICE Canada canola contracts were up Thursday morning, taking some direction from a rally in the Chicago Board of Trade soy complex. Continued weakness in the Canadian dollar added to the firmer tone in canola, as the falling currency makes exports more […] Read more
North American Grains/Oilseed Review: Canola mostly lower in wake of bearish USDA report
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, November 9 – THE ICE Futures Canada canola market finished mostly lower on Wednesday, due to steep losses in US soy in the aftermath of the US election. According to the USDA’s supply and demand estimates, soybean production in the US is expected to […] Read more