By Jade Markus, Commodity News Service Canada WINNIPEG, August 22 – ICE Canada canola contracts were mixed in choppy trade in early activity on Monday. The market was pressured by losses in the Chicago Board of Trade soy oil market. CBOT soy oil declined Monday morning, following overnight weakness in Malaysian palm oil, which had […] Read more
ICE canola mixed to start the week
North American grain/oilseed review: Canola mixed, but mostly higher
By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, August 19 – ICE Futures Canada canola ended mixed—but mostly stronger—on Friday, as weakness in the Canadian dollar balanced bearish influences from US soy markets. The loonie had lost about 0.72 per cent against its US counterpart by close on Friday, which is bullish […] Read more
ICE canola gains with weaker Canadian dollar
By Jade Markus, Commodity News Service Canada WINNIPEG, August 19 – ICE Canada canola contracts were stronger at midday on Friday, as losses in the Canadian dollar underpinned values. The loonie lost ground against its US counterpart, tracking crude oil futures, which is bullish for canola as it makes the commodity more appealing to international […] Read more
ICE canola holding onto gains early
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 19 (CNS Canada) – ICE Canada canola contracts were stronger on Friday, with weakness in the Canadian dollar behind some of the strength. After rising above the 78 US cent mark on Thursday, the Canadian currency was down by nearly two-thirds of a cent relative to […] Read more
North American grain/oilseed review: Canola ends lower
By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, August 18 (CNS Canada) – ICE Futures Canada canola ended weaker on Thursday, as the Canadian dollar advanced against its US counterpart. The loonie moved above 78 US cents by close, which is bearish for canola, as it makes the commodity less appealing to […] Read more
ICE canola mixed at midday
By Jade Markus, Commodity News Service Canada WINNIPEG, August 18 – ICE Canada canola contracts were mixed, but mostly stronger at midday on Thursday, as rain in western Canada kept a weather premium in the market. Crops in parts of southern Manitoba and eastern Saskatchewan were damaged by overnight storms on Wednesday. “They have done […] Read more
ICE canola edges down early
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, MB, Aug. 18, 2016 (CNS Canada) – ICE Canada canola contracts posted small losses Thursday morning, as declines in the Chicago Board of Trade soy complex spilled over to weigh on values. Strength in the Canadian dollar put some further pressure on canola, as the currency neared […] Read more
North American grain/oilseed review: Canola follows soybeans higher
By Jade Markus and Phil Franz-Warkentin, Commodity News Service Canada ICE Futures Canada canola ended end stronger on Wednesday, following advances in Chicago Board of Trade soybeans and soy oil. US markets gained with support from strong demand. Market-speculation about the size of the upcoming crop kept a weather premium in the market, as some […] Read more
ICE canola gains with soy complex, weaker Canadian dollar
By Jade Markus, Commodity News Service Canada WINNIPEG, August 17 – ICE Canada canola contracts were stronger at midday on Wednesday, following advances in the US soy complex. Chicago Board of Trade soybeans, soy meal, and soy oil gained on Wednesday, underpinned by strong demand and chart support. Losses in the Canadian dollar against its […] Read more
ICE canola moving up with soyoil
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 17 (CNS Canada) – ICE Canada canola contracts were stronger Wednesday morning, with advances in outside vegetable oil markets providing some support. Chicago Board of Trade soyoil futures were posting good gains in early activity, while Malaysian palm oil was up overnight. A weaker tone in […] Read more