By Dave Sims, Commodity News Service Canada WINNIPEG, October 11 – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, following gains in the vegetable oil market. US soybean futures were also stronger, which was supportive. Cool, wet weather across Western Canada has prompted worries about harvest delays and damage to the […] Read more
ICE Canola Rises With Veg Oil
North American grain/oilseed review: Canola ends higher ahead of the weekend
By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended higher ahead of the weekend, as unfavourable harvest weather underpinned prices. Strong crush activity was also a feature, market watchers say. However, losses in the nearby Chicago Board of Trade soybean market capped gains. Canadian markets will be closed on […] Read more
ICE canola higher with loonie’s losses
By Jade Markus, Commodity News Service Canada WINNIPEG, October 7 – ICE Canada canola contracts were stronger at midday on Friday, propped up by losses in the Canadian dollar. The loonie lost ground against its US counterpart, which is bullish for canola as it makes the commodity more appealing to international buyers. “Weather is still […] Read more
ICE canola moving higher ahead of long weekend
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 7 (CNS Canada) – ICE Canada canola contracts were bouncing around both sides of unchanged Friday morning, although the bias turned higher as traders squared positions ahead of the long weekend. Canadian markets will be closed Monday, October 10, for Thanksgiving, while US markets remain open. […] Read more
North American grain/oilseed review: Canola gains ground
By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, October 6 (CNS Canada) – ICE Futures Canada canola ended stronger on Thursday, underpinned by precipitation in Western Canada. Rain and snow in parts of the Prairies could hurt canola crops, and are causing harvest delays. Losses in the Canadian dollar against its US […] Read more
ICE canola mostly unchanged in thin-volume trade
By Jade Markus, Commodity News Service Canada WINNIPEG, October 6 – ICE Canada canola contracts were mixed, but mostly unchanged, on Thursday. “Thinly traded today, there’s not much going on. Prices have been able to stabilize somewhat on the weather delays,” said one Winnipeg-based analyst. Snow and rain across parts of Western Canada have limited […] Read more
ICE canola up with weather worries
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 6 (CNS Canada) – ICE Canada canola contracts were stronger Thursday morning, as persistent weather concerns in parts of the Prairies provided support. Snowfall in some areas of Western Canada and rain in others has caused further delays for the final stages of harvest. Colder temperatures […] Read more
North American grain/oilseed review: Canola mostly unchanged
By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, October 5 (CNS Canada) – ICE Futures Canada canola ended unchanged to slightly stronger on Wednesday, following a day of choppy trade. Snow in parts of Saskatchewan is keeping a weather premium in the market, as it delays harvest and could reduce the quality […] Read more
ICE canola mixed in choppy trade
By Jade Markus, Commodity News Service Canada WINNIPEG, October 5 – ICE Canada canola contracts were mixed in choppy trade on Wednesday. Unfavourable weather in parts of Western Canada is keeping support in the market, analysts say. Forecasts for snowfall western and central Saskatchewan is supportive, as it limits harvest progress, and could cause quality […] Read more
ICE canola continues higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 5 (CNS Canada) – ICE Canada canola contracts were holding onto small gains Wednesday morning, seeing some follow-through buying interest after rising the previous two sessions. Rainfall and cooler temperatures across much of the Canadian Prairies is raising concerns for the fields still left to be […] Read more