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 feels pressure from gaining CAD
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
ICE canola up with soyoil
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 2 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Friday, as the nearby technical bias has shifted higher and advances in Chicago Board of Trade soyoil provided spillover support. Canola received a boost earlier in the week on news […] Read more
North American Grain/Oilseed Review: Canola up with follow-through buying
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Sept. 1 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Thursday, as the market remained supported by expectations for increased Chinese demand following news that the country would delay imposing stricter dockage allowances for the time being. China had been set […] Read more
ICE canola remains pointed higher at midday Thursday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sept. 1 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Thursday, as the market remained supported by China’s move to delay the implementation of stricter dockage allowances. China had been set to lower the amount of dockage it would allow […] Read more
ICE canola advances Thursday morning
By Jade Markus, Commodity News Service Canada WINNIPEG, September 1 – ICE Canada canola contracts strengthened in early activity on Thursday, propped up by losses in the Canadian dollar. The loonie lost ground against its US counterpart in early activity, tracking declines in crude oil futures. A decision from China to push back regulations that […] Read more
North American Grain/Oilseed Review: Canola ends up, but soybeans down
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Aug. 31 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, seeing a corrective bounce off of their nearby lows as news that China would delay imposing stricter dockage rules for the time being provided support. China had been set to […] Read more
ICE canola jumps on China news
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 31 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, as news that China would extend its deadline on implementing stricter dockage allowances gave the market a boost. China had been set to lower the amount of dockage it […] Read more
ICE canola buoyed by China decision
By Jade Markus, Commodity News Service Canada WINNIPEG, August 31 – ICE Canada canola contracts advanced sharply Wednesday morning, as China has delayed implementing a rule that would serve to cut into the country’s demand. China was set to introduce restrictions on the amount of dockage, or foreign material, allowed in Canadian canola shipments, but […] Read more