By Dave Sims, Commodity News Service Canada WINNIPEG, November 8 – Canola contracts on the ICE Futures Canada platform were higher at 10:35 CST on Tuesday, rebounding from recent losses and taking strength from gains in the US soy complex. “It’s certainly having a good rally. We pushed it down the past couple of days […] Read more
ICE Canola Corrects Higher in Wake of Recent Losses
ICE canola rises with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – ICE Canada canola contracts were up Tuesday morning, as a rally in Chicago Board of Trade soybeans and soyoil provided some support. Malaysian palm oil and European rapeseed futures were also up overnight, as world demand for vegetable oil remains strong. Ideas […] Read more
North American Grains/Oilseed Review: Canola Dips With Favourable Weather
By Dave Sims, Commodity News Service Canada Winnipeg, November 7 – THE ICE Futures Canada canola market finished weaker on Monday, as a steady bout of warm, dry weather allowed Prairie farmers to resume harvesting. “When it comes to canola, it’s all still down to weather. If we get a bunch more off, it could […] Read more
ICE Canola Mixed Due To Competing Weather, Soy Influences
By Dave Sims, Commodity News Service Canada WINNIPEG, November 7 – Canola contracts on the ICE Futures Canada platform were mixed at 10:45 CST on Monday, with favourable weather weighing down the front-month January contract while gains in US soy propped up the more deferred values. The weather in Western Canada has turned warm and […] Read more
ICE canola up in thin Monday morning trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 7 (CNS Canada) – ICE Canada canola contracts were posting small gains in the most active months Monday morning, as advances in Chicago Board of Trade soybeans and soyoil provided support. Solid domestic crusher demand contributed to the firmer tone in canola, according to participants. However, […] Read more
North American grain/oilseed review: Canola declines further ahead of the weekend
By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, November 4 (CNS Canada) – ICE Futures Canada canola ended lower on Friday, pressured by forecasts for improved weather in parts of Western Canada over the weekend. Areas in Manitoba and Saskatchewan will be seeing warmer temperatures with limited precipitation, current Environment Canada forecasts […] Read more
ICE canola declines at midday on Friday
By Jade Markus, Commodity News Service Canada WINNIPEG, November 4 – ICE Canada canola contracts were lower at midday on Friday. Ideas that weather in Western Canada may be improving pressured canola, while spillover losses from other vegetable oil markets added to the downside. “That’s sort of taking the weather out of the market in […] Read more
ICE Canola Weakens With Vegetable Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, November 4 – Canola contracts on the ICE Futures Canada platform were lower Friday morning, following losses in the vegetable oil market. Declines in Chicago Board of Trade soybeans, contributed to the downside. The latest reports from South America suggest soil moisture conditions are favourable for the […] Read more
North American grain/oilseed review: Canola ends weaker
By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, November 3 – ICE Futures Canada canola ended lower on Thursday, pressured by a weaker technical bias and ideas that harvest conditions in Western Canada could improve. Parts of Saskatchewan and Alberta have seen improved forecasts, which could allow producers to get into their […] Read more
ICE canola mostly unchanged in light-volume trade
By Jade Markus, Commodity News Service Canada WINNIPEG, November 3 (CNS Canada) – ICE Canada canola contracts were mixed, but mostly unchanged, at midday on Thursday. Advances in the Chicago Board of Trade soybean market provided some underlying support. “We’ve got a little bit of an upward bias today as the beans kind of firmed […] Read more