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
ICE canola mixed
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
ICE Canola Rises With C$, CBOT Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, September 23 – Canola contracts on the ICE Futures Canada platform were higher Friday morning, due to action in the Canadian currency and gains in the US soy complex. The Canadian dollar was weaker relative to its US counterpart, which made canola more attractive to its US […] Read more
North America Grain/Oilseed Review: Canola climbs with China news
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Sept. 22 (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Thursday, as news broke that Canada and China had reached an agreement on exports. China’s Premier Li Keqiang was in Ottawa to meet with Canadian Prime Minister Justin Trudeau, and […] Read more
ICE canola edges up following soyoil
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 22 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Thursday, as gains in Chicago Board of Trade soyoil provided some spillover support. Ideas that Wednesday’s losses were overdone provided further support as the nearby technical bias has shifted slightly […] Read more
ICE Canola Mixed Between Vegetable Oil and Export Concerns
By Dave Sims, Commodity News Service Canada WINNIPEG, September 22 – Canola contracts on the ICE Futures Canada platform were mixed Thursday morning, with the front-month contracts taking strength from higher vegetable oil prices, while the more-deferred values were weighed down by large global supplies of oilseeds. Malaysian palm oil, US soyoil and European rapeseed […] Read more
North America Grain/Oilseed Review: Canola drops with spec selling, hedges
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sept. 21 (CNS Canada) – ICE Futures Canada canola contracts were down on Wednesday, as the market backed away from the one-month highs hit on Tuesday. Losses in the Chicago Board of Trade soy complex provided the catalyst for the speculative selling pressure in canola, according to […] Read more
ICE Canola Correcting Lower With Soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 21 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were posting small losses at midday Wednesday, as the market saw a modest correction following Tuesday’s rally. Declines in Chicago Board of Trade soybeans and soyoil put some spillover pressure on canola, but the […] Read more
ICE Canola Weakens with US Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, September 21 – Canola contracts on the ICE Futures Canada platform were weaker Wednesday morning, in sympathy with the US soy complex. Losses in European rapeseed futures were bearish for the market. Harvest pressure and uncertainty over exports to China also weighed on values. Canadian canola supplies […] Read more