By Jade Markus and Erin DeBooy, Commodity News Service Canada Winnipeg, September 8 (CNS Canada) – ICE Futures Canada canola ended higher on Thursday, underpinned by advances in the Chicago Board of Trade soy complex. US soy oil, soymeal, and soybeans closed stronger with the expectation for strong demand, which provided spillover support to canola. […] Read more
North American grain/oilseed review: Canola ends higher
ICE canola edges up
By Jade Markus, Commodity News Service Canada WINNIPEG, September 8 – ICE Canada canola contracts were slightly higher at midday on Thursday, propped up by losses in the Canadian dollar. The loonie weakened against its US counterpart, pressured by data from the American labour department, which reflects last week’s lower jobless claims. “Light-volume trade today […] Read more
ICE Canola Trends Higher With Soy Complex
By Dave Sims, Commodity News Service Canada WINNIPEG, September 8 – Canola contracts on the ICE Futures Canada platform were slightly higher Thursday morning, following gains in the US soy complex. The Canadian dollar was weaker relative to its US counterpart, which made canola more attractive to domestic crushers and international buyers. Global demand for […] Read more
North American grain/oilseed review: Canola ends mixed
By Jade Markus and Erin DeBooy, Commodity News Service Canada Winnipeg, September 7 (CNS Canada) – ICE Futures Canada canola ended mixed on Wednesday. Front contracts felt pressure from Statistics Canada stocks data, which beat out analyst-expectations at 2.016 million metric tonnes. StatsCan also raised year-ago canola production numbers, which is bearish. Overnight losses in […] Read more
ICE canola lagging US oilseeds after stocks report
By Jade Markus, Commodity News Service Canada WINNIPEG, September 7 – ICE Canada canola contracts were mixed at midday on Wednesday, buoyed by spillover strength from US soy markets and declines in the Canadian dollar. However, canola didn’t advance as much as expected, as a stocks report from Statistics Canada pressured the market. “We could […] Read more
ICE Canola Firms With Soy Despite Bearish StatsCan Report
By Dave Sims, Commodity News Service Canada WINNIPEG, September 7 – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, taking strength from gains in the US soy complex. Advances in European rapeseed futures added to the upside. Global demand for oilseeds has been healthy overall, which was supportive. On the other […] Read more
North American grain/oilseed review: Canola ends lower
By Jade Markus and Erin DeBooy, Commodity News Service Canada Winnipeg, September 6 (CNS Canada) – ICE Futures Canada canola ended weaker on Tuesday, as sharp advances in the Canadian dollar pressured the market. The loonie had gained more than 0.75 per cent against its US counterpart by canola’s close, which is bearish. Pre-report positioning […] Read more
ICE canola feels pressure from gaining CAD
By Jade Markus, Commodity News Service Canada WINNIPEG, MB, September 6, 2016 (CNS Canada) – ICE Canada canola contracts were weaker at midday on Tuesday, losing ground with advances in the Canadian dollar. The loonie gained against its US counterpart on Tuesday, which is bearish for canola as it makes the commodity less appealing to […] Read more
ICE Canola Mostly Lower With Harvest Pressure
By Dave Sims, Commodity News Service Canada WINNIPEG, September 6 – Canola contracts on the ICE Futures Canada platform were mostly weaker Tuesday morning, due to harvest pressure and action in the Canadian currency. The Canadian dollar was slightly higher relative to its US counterpart, which made canola less attractive to domestic crushers and out-of-country […] Read more
North American Grain/Oilseed Review: Prices up ahead of long weekend
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Sept. 2 (CNS Canada) – ICE Futures Canada canola contracts settled higher for the third straight session on Friday, as traders positioned themselves ahead of the Labour Day long weekend. Supportive technical signals, spillover from the gains in Chicago Board of Trade soyoil, and […] Read more