By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 26 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, as a rally in Chicago Board of Trade soybeans spilled over to provide support. Ongoing harvest delays in parts of Western Canada, and the uncertainty over how much of the crop may be […] Read more
North American Grain/Oilseed Review: Canola follows soybeans higher
ICE canola up with soybeans at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 26 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, as advances in Chicago Board of Trade soybeans provided support. Concerns over just how much of Canada’s crop may be left unharvested, due to adverse weather that continues to […] Read more
ICE canola stronger in early activity
By Jade Markus, Commodity News Service Canada WINNIPEG, October 26 – ICE Canada canola contracts were higher in early activity on Wednesday, following advances in the Chicago Board of Trade soy complex. Soy markets were underpinned by rain in the US Midwest, which could cause harvest delays. Overnight gains in the Malaysian palm oil market […] Read more
North American Grain/Oilseed Review: Canola retreats from nearby highs
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 25 (CNS Canada) – ICE Futures Canada canola contracts were mixed at Tuesday’s close, although the bias was weaker in the most active months as prices ran into resistance after hitting fresh four-month highs. Losses in Chicago Board of Trade soyoil futures contributed to the softer […] Read more
ICE canola continues higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 24 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, hitting fresh four-month highs as the technicals and fundamentals remain supportive. Ongoing harvest delays facing the final fifth of Canada’s canola crop remained supportive, according to participants. Forecasts calling […] Read more
ICE canola edges up
By Jade Markus, Commodity News Service Canada WINNIPEG, October 25 – ICE Canada canola contracts were slightly higher in early activity, following advances in Chicago Board of Trade soybeans. Soybeans were underpinned by strong export demand Tuesday morning. Crop-quality and harvest concerns, amid wet weather in Western Canada, also had a bullish effect on canola. […] Read more
North American Grain/Oilseed Review: Canola climbs with soyoil
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 24 (CNS Canada) – ICE Futures Canada canola contracts climbed to their highest levels in four months on Monday, as gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar provided support. That combination of rising soyoil prices and weakness in the Canadian […] Read more
ICE canola up with soyoil at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 24 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Monday, as gains in Chicago Board of Trade soyoil provided support. Canola was lagging soyoil to the upside, which was causing crush margins to improve by as much as C$10 […] Read more
ICE canola starts the week off higher
By Jade Markus, Commodity News Service Canada WINNIPEG, October 24 – ICE Canada canola contracts were higher in early activity on Monday, following advances in other vegetable oil markets. Chicago Board of Trade soy oil gained Monday morning, while Malaysian palm oil saw overnight strength, which is bullish. A slightly weaker Canadian dollar against its […] Read more
North American Grains/Oilseed Review: Canola Firms in Choppy Trade
By Dave Sims, Commodity News Service Canada Winnipeg, October 21 – THE ICE Futures Canada canola market recorded modest gains on Friday, taking strength from the US soy complex. The Canadian dollar was roughly half a cent lower compared to its US counterpart, which made canola more attractive to out-of-country buyers. Demand is steady for […] Read more