By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, November 1 (CNS Canada) – ICE Futures Canada canola ended weaker on Tuesday, pressured by a gaining domestic currency and spillover losses from other oilseed markets. By close on Tuesday, the Canadian dollar had gained about 0.25 per cent against its US counterpart, which […] Read more
North American grain/oilseed review: Canola weakens as Canadian dollar gains
ICE canola weaker at midday, likely to move lower
By Jade Markus, Commodity News Service Canada WINNIPEG, November 1 – ICE Canada canola contracts were weaker at midday on Tuesday, following the US soy complex lower. Chicago Board of Trade soybeans, soy meal and soy oil declined on Tuesday, pressured by the advancing US harvest and spillover weakness from overnight losses in Malaysian palm […] Read more
ICE Canola Lower With Soyoil, Currency Issues
By Dave Sims, Commodity News Service Canada WINNIPEG, November 1 – Canola contracts on the ICE Futures Canada platform were weaker Tuesday morning, weighed down by currency issues and losses in soyoil. The loonie was stronger relative to its US counterpart, which made canola less attractive to domestic crushers and out-of-country buyers. Losses in Malaysian […] Read more
North American Grain/Oilseed Review: Canola ends mixed after choppy day
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 31 (CNS Canada) – ICE Futures Canada canola contracts was mixed on Monday, although the bias was to the downside in most months by the close. Persistent weather concerns and harvest delays in Western Canada helped prop up the nearby contracts for most of the session, […] Read more
ICE Canola Strengthens With Weather Issues
By Dave Sims, Commodity News Service Canada WINNIPEG, October 31 – Canola contracts on the ICE Futures Canada platform were higher at 10:45 CDT on Monday, taking strength from weather delays in the Canadian harvest. Concerns over the lagging harvest in Western Canada added to the upside, as many people are uncertain how much more […] Read more
ICE Canola Rises With Currency Action
By Dave Sims, Commodity News Service Canada WINNIPEG, October 31 – Canola contracts on the ICE Futures Canada platform were higher Monday morning, pressed down by action in the Canadian dollar. The loonie was lower relative to its US counterpart, which made canola more enticing to out-of-country buyers. Cold and wet weather in Alberta and […] Read more
North American Grain/Oilseed Review: Canola up, beans down ahead of weekend
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 28 (CNS Canada) – ICE Futures Canada canola contracts were up on Friday, hitting levels not seen since the middle of June as persistent Canadian harvest delays provided support. An estimated 20 per cent of the canola crop is still in the fields, with the prospects […] Read more
ICE canola keeps trending higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 28 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Friday, hitting fresh four-month highs once again as persistent Canadian production concerns provided support. A large amount of canola is still in the fields in Alberta and Saskatchewan, with the […] Read more
ICE canola mostly higher
By Jade Markus, Commodity News Service Canada WINNIPEG, October 28 – ICE Canada canola contracts were mixed, but generally higher, in early activity on Friday. Spill over support from advances in the Chicago Board of Trade soy oil market propped up canola. Adverse harvest weather in Western Canada added to the gains, with ideas that […] Read more
North American Grain/Oilseed Review: Canola steady to mostly higher
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 27 (CNS Canada) – ICE Futures Canada canola contracts were mixed on Thursday, although the bias was higher in the most active months as ongoing harvest delays, speculative buying, and gains in Chicago Board of Trade soybeans all provided support. A large amount of canola is […] Read more