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
North America Grain/Oilseed Review: Canola drops with spec selling, hedges
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
North American Grain/Oilseed Review: Canola rises with soyoil, short-covering
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Sept. 20 (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Tuesday, as a rally in Chicago Board of Trade soyoil provided spillover support. The Canadian dollar was also slightly weaker and crush margins widened out to levels not seen in […] Read more
ICE canola climbs with soy complex
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 20 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were up sharply at midday Tuesday, as a rally in the Chicago Board of Trade soy complex provided spillover support. Chart-based buying contributed to the advances, as speculators covered some of their large short […] Read more
ICE Canola Follows US Soy Higher, Shrugs off New Report
By Dave Sims, Commodity News Service Canada WINNIPEG, September 20 – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, tracking advances in the US soy complex. Gains in Malaysian palm oil and European rapeseed futures added to the bullish tone. Wet weather has delayed the harvest across Western Canada, which was […] Read more
North American Grain/Oilseed Review: Canola hits one-week highs following soyoil
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada WINNIPEG, Sept. 19 (CNS Canada) – ICE Futures Canada canola contracts were up on Monday, hitting their highest levels in a week as gains in outside vegetable oil markets provided support. Malaysian palm oil and Chicago Board of Trade soyoil contracts were both up sharply, […] Read more
ICE canola up with soyoil at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 19 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Monday, as a rally in the Chicago Board of Trade soyoil provided underlying support. Malaysian palm oil was also up in overnight activity, with the general strength in the outside […] Read more
ICE Canola Rises with Vegetable Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, September 19 – Canola contracts on the ICE Futures Canada platform were higher Monday morning, following gains in vegetable oil. Chicago Board of Trade soybeans were also stronger, which was supportive for canola. Wet weather across Western Canada has slowed down the harvest, which added to the […] Read more
North American Grains/Oilseed Review – Canola firms with short-covering
By Dave Sims, Commodity News Service Canada Winnipeg, September 16 – THE ICE Futures Canada canola market settled slightly higher on Friday, as traders covered shorts before the weekend and rainy weather delayed harvest efforts across the Canadian Prairies. The Canadian dollar was about a third of a cent lower, relative to its US counterpart, […] Read more