By Dave Sims, Commodity News Service Canada WINNIPEG, August 12 – Canola contracts on the ICE Futures Canada platform were weaker at 10:15 CDT on Friday, as traders waited for the release (11:00 CDT) of the United States Department of Agriculture’s monthly report. The World Agricultural Supply and Demand Estimates report is expected to paint […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, August 12 – ICE Canada canola contracts were weaker in early activity on Friday, pressured by advances in the Canadian dollar. The loonie gained against its US counterpart in early activity, supported by stronger crude oil prices. Gains in the Canadian currency are bearish for canola as […] Read more

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 11 – THE ICE Futures Canada canola market finished mostly higher on Thursday, tracking advances in the US soy market along with some chart-based trading. Concerns about excess water in parts of Western Canada were supportive. Crude oil was also higher which was […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, August 11 – Canola contracts on the ICE Futures Canada platform were slightly weaker at 10:40 CDT on Thursday, as traders squared positions ahead of Friday’s United States Department of Agriculture’s monthly report. Most analysts assume soybean production estimates will be hiked by the USDA in its […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, August 11 – ICE Canada canola contracts were weaker in early activity on Thursday, pressured by advances in the Canadian dollar. The loonie gained ground against its US counterpart on Thursday, following crude oil futures. Uncertainty about the size of Western Canada’s upcoming crop brought an element […] Read more

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 10 – THE ICE Futures Canada canola market finished slightly stronger in choppy trading on Wednesday. Speculative action was a key feature of the day with contracts climbing higher at certain points before declining as traders took profits. Gains in soy oil and […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, August 10 – Canola contracts on the ICE Futures Canada platform were firmer at 10:40 CDT on Wednesday, as funds and speculators bought back positions. Advances in other vegetable oils were also bullish for canola. Concerns persist about excess water in parts of Western Canada, which underpinned […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, August 10 – ICE Canada canola contracts were higher in early activity on Wednesday, propped up by technical strength. Traders say canola’s technical bias has shifted to the upside, which is bullish. Moisture in parts of Western Canada is keeping a weather premium in the market, which […] Read more

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 9 – THE ICE Futures Canada canola market finished stronger on Tuesday, in sympathy with US soyoil and some technical buying. Supplies of Malaysian palm oil are on the small side, which helped to push canola and other oilseeds higher, according to a […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, August 9 – Canola contracts on the ICE Futures Canada platform were stronger at 10:30 CDT on Tuesday, due to speculator covering and gains in US soy. “We might be seeing some signs today that some spec shorts in canola are doing some covering which would make […] Read more