By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended stronger on Monday, following advances in the Chicago Board of Trade soybean market. CBOT soybeans gained, underpinned by Friday’s United States Department of Agriculture quarterly stocks report, which reflected inventories of the oilseed below analyst expectations. Domestic crush activity is […] Read more
North American grain/oilseed review: Canola closes higher
ICE canola moves higher in choppy trade
By Jade Markus, Commodity News Service Canada WINNIPEG, October 3 (CNS Canada) – ICE Canada canola contracts gained ground in choppy trade on Monday. The market was supported by advances in US soybeans and losses in the Canadian dollar. CBOT soybeans gained, underpinned by a slightly supportive stocks report released by the United States Department […] Read more
ICE canola down in quiet early trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 3 (CNS Canada) – ICE Canada canola contracts were lower Monday morning in quiet trade, as losses in Chicago Board of Trade soyoil and seasonal harvest pressure weighed on values. The harvest is nearing its final stages across Western Canada, with relatively favourable weather in the […] Read more
North American Grains/Oilseed Review: Canola dips after USDA report
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 30 – THE ICE Futures Canada canola market finished lower in speculative selling Friday, as traders adjusted positions before the weekend. Strength in the Canadian dollar put pressure on exports of canola. The harvest continues to chug along in Western Canada, which also […] Read more
ICE Canola Chops Lower Ahead of USDA Report
By Dave Sims, Commodity News Service Canada WINNIPEG, September 30 – Canola contracts on the ICE Futures Canada platform were lower in choppy trading at 10:20 CDT on Friday. Traders were likely positioning themselves ahead of the release of the USDA’s Grain Stocks report, which is due to come out at 11:00 CT, said an […] Read more
ICE canola edges up
By Jade Markus, Commodity News Service Canada WINNIPEG, September 30 – ICE Canada canola contracts were stronger in early activity on Friday. Prices advanced with spill over strength from the Chicago Board of Trade soy oil market. Strong crush activity further underpinned canola prices. However, the market was feeling the bearish effects of gains in […] Read more
North American Grains/Oilseed Review: Canola firms with soy
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 29 – THE ICE Futures Canada canola market finished slightly higher in range-bound trade Thursday, taking strength from currency issues and gains in vegetable oil. Advances in US soybeans, soyoil, Malaysian palm oil and European rapeseed futures underpinned the market. The Canadian dollar […] Read more
ICE Canola Advances With Crushing Pace, US Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, September 29 – Canola contracts on the ICE Futures Canada platform were slightly higher at 10:35 CDT on Thursday, tracking gains in US soybeans and soyoil. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to foreign buyers. Malaysian palm oil […] Read more
ICE canola advances
By Jade Markus, Commodity News Service Canada WINNIPEG, September 29 – ICE Canada canola contracts were stronger in early activity on Thursday, following gains in Chicago Board of Trade soy oil. Soy oil gained Thursday morning, propped up by spill over support from overnight strength in Malaysian palm oil. Strong crush activity further underpinned the […] Read more
North American Grains/Oilseed Review: Canola Dips With Veg Oil, Harvest Pressure
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 28 – THE ICE Futures Canada canola market dipped in narrow trading on Wednesday, following significant losses in the vegetable oil market. The harvest continues to advance across much of Western Canada, which also put pressure on prices. The South American soybean crop […] Read more