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 jumps on China news
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
North American Grain/Oilseed Review: Canola/Soybeans slide near one-month lows
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Aug. 30 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Tuesday, falling to some of their lowest levels of the past month as losses in Chicago Board of Trade soybeans and seasonal harvest pressure weighed on values. Expectations that Canada’s canola […] Read more
ICE canola down with soybeans at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 30 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were weaker at midday Tuesday, as broad-based losses in the Chicago Board of Trade and seasonal harvest pressure weighed on values. “It’s just the mood,” said a canola broker on the bearish tone in […] Read more
ICE canola weaker in early activity
By Jade Markus, Commodity News Service Canada WINNIPEG, August 30 – ICE Canada canola contracts were mixed Tuesday morning, as the ongoing Canadian canola harvest put a lid on prices. Analysts say canola’s technical bias is to the downside, which could further pressure the market throughout the day. The loonie declined against its US counterpart […] Read more
North American Grain/Oilseed Review: Canola starts week softer
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Aug. 29 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, taking some direction from the losses in Chicago Board of Trade soybeans and soyoil. The seasonal harvest pressure and concerns over the looming implementation of stricter Chinese dockage rules contributed […] Read more
ICE canola down at midday in choppy trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 29 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were posting small losses at midday Monday, in choppy activity. The advancing harvest, losses in Chicago Board of Trade soyoil futures, and concerns over the looming implementation of stricter Chinese dockage allowances all put […] Read more
ICE canola starts week off lower
By Jade Markus, Commodity News Service Canada WINNIPEG, August 29 – ICE Canada canola contracts were weaker Monday morning, pressured by losses in the US soy complex. Chicago Board of Trade soybeans, soymeal, and soy oil declined in early activity, as seasonal selling-pressure moved those markets lower. Malaysian palm oil closed weaker overnight, which added […] Read more
North American Grains/Oilseed Review – Canola treads water ahead of weekend
By Dave Sims and Erin DeBooy, Commodity News Service Canada Winnipeg, August 26 – THE ICE Futures Canada canola market eked out tiny gains on Friday, as traders engaged in chart-based trading before the weekend. The market was underpinned by wet weather, which has cut into expectations for the size of this year’s crop. This […] Read more
ICE Canola Dips Lower At Midday
By Dave Sims, Commodity News Service Canada WINNIPEG, August 26 – Canola contracts on the ICE Futures Canada platform were slightly weaker at 10:43 CDT on Friday, feeling pressure from declines in the US soy complex. Ideas are growing that heavy rains across Western Canada this summer may have reduced the size of this year’s […] Read more