By Dave Sims, Commodity News Service Canada WINNIPEG, September 28 – Canola contracts on the ICE Futures Canada platform were posting modest losses at 10:35 CDT on Wednesday, in sympathy with vegetable oil. “It is a significant drive lower in palm oil that is affecting soyoil,” said a Winnipeg-based crop analyst. Western Canadian harvest pressure […] Read more
ICE Canola Weakens With Veg Oil
ICE canola moves lower with spillover weakness
By Jade Markus, Commodity News Service Canada WINNIPEG, September 28 – ICE Canada canola contracts were weaker in early activity on Wednesday, tracking losses in Chicago Board of Trade soy oil. The soy oil market was feeling pressure from overnight losses in Malaysian palm oil. Commodity funds are net-selling soy oil futures, market watchers say, […] Read more
North Americans Grains/Oilseed Review – Canola weakens with specs, hedges
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 27 – THE ICE Futures Canada canola market finished slightly lower on Tuesday due to speculative trade. Losses in Malaysian palm oil added to the downside. Hedge pressure was a main feature of the day according to a trader in Winnipeg. “The market […] Read more
ICE Canola Weakens With Soybeans, Veg Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, September 27 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CDT on Tuesday, following general weakness in the US soy complex and the vegetable oil market. “I think we’re seeing some hedge pressure showing up here today. The bias in the oilseeds […] Read more
ICE canola drops in early activity
By Jade Markus, Commodity News Service Canada WINNIPEG, September 27 – ICE Canada canola contracts were weaker in early activity on Tuesday. The market was pressured by spill over weakness from the Malaysian palm oil and Chicago Board of Trade soy oil markets. Harvest-pressure was also a feature, market watchers say. Weaker export demand further […] Read more
North American Grains/Oilseed Review: Canola Dips With Soy
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, September 26 – THE ICE Futures Canada canola market posted modest losses on Monday after a choppy trading session. Weakness in vegetable oil and US soybeans pointed the way lower. A trader in Winnipeg said it’s not clear how much canola China intends to […] Read more
ICE Canola Dips With Soyoil, Soybeans
By Dave Sims, Commodity News Service Canada WINNIPEG, September 26 – Canola contracts on the ICE Futures Canada platform were slightly weaker at 10:45 CDT on Monday, following losses in the US soy complex. Uncertainty about the level of Chinese buying interest and the true size of the Canadian canola crop were also dragging down […] Read more
ICE canola mixed
By Jade Markus, Commodity News Service Canada WINNIPEG, Sept. 26 – ICE Canada canola contracts were mixed Monday morning, propped up by advances in the Chicago Board of Trade soy oil market. However, the ongoing Canadian harvest limited upside potential, and could pressure the market throughout the day. CBOT soy oil advanced in early activity, […] Read more
North American Grain/Oilseed Review: Canola down with soybeans
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Sept. 23 (CNS Canada) – ICE Futures Canada canola contracts were down on Friday, as a sharp drop in Chicago Board of Trade soybeans and soyoil weighed on values. Expectations for a large Canadian crop, despite harvest delays in parts of the Prairies, added […] Read more
ICE Canola Lower In Two-Sided Trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 23 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were posting small losses at midday Friday, as conflicting bullish and bearish influences kept the market trading within a narrow range. Thursday’s news that China would allow Canadian canola shipments containing up to 2.5 […] Read more