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 up with soyoil at midday
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
ICE Canola Firms with CDN Weather Issues, Gains in Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, September 16 – Canola contracts on the ICE Futures Canada platform were slightly higher at 10:45 CDT on Friday, taking strength from delays in the Canadian harvest and advances in the US soy complex. Rain and cold temperatures in Saskatchewan, Manitoba and Alberta have hampered farmers’ efforts […] Read more
ICE canola rises as Canadian dollar falls
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 16 (CNS Canada) – ICE Canada canola contracts were stronger Friday morning, with sharp declines in the Canadian dollar providing support. The currency was down by half a cent relative to its US counterpart, which boosts crush margins and makes exports more attractive to international buyers. […] Read more
North American Grains/Oilseed Review: Canola dips on technicals
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, September 15 – THE ICE Futures Canada canola market ended slightly lower on Thursday, weighed down by action in the Canadian currency and chart-based trading. The dollar was about a third of a cent higher relative to its US counterpart which made canola less […] Read more
ICE Canola Ticks Higher in Sideways Trade
By Dave Sims, Commodity News Service Canada WINNIPEG, September 15 – Canola contracts on the ICE Futures Canada platform were correcting higher at 10:37 CDT on Thursday, taking strength from advances in the US soy complex. European rapeseed futures and crude oil were also stronger which added to the gains. Cool and wet conditions across […] Read more
ICE canola up with soyoil early Thursday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 15 (CNS Canada) – ICE Canada canola contracts were stronger Thursday morning, as gains in Chicago Board of Trade soyoil provided some spillover support. Wet, harvest-delaying, weather in parts of Western Canada helped underpin the futures as well. Supportive chart signals, recent weakness in the Canadian […] Read more
North American Grains/Oilseed Review – Canola corrects higher
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, September 14 – THE ICE Futures Canada canola market underwent a slight correction Wednesday, after two straight days of losses. The Canadian dollar was slightly weaker compared to its US counterpart, which made canola more enticing to foreign buyers. Wet conditions have slowed harvest […] Read more
ICE Canola Rebounds on Corrective Trade
By Dave Sims, Commodity News Service Canada WINNIPEG, September 14 – Canola contracts on the ICE Futures Canada platform were correcting higher at 10:43 CDT on Wednesday, in the wake of recent losses. Softness in the Canadian dollar contributed to the gains as it made canola more attractive to out-of-country buyers. Wet, cold weather across […] Read more