By Jade Markus, Commodity News Service Canada WINNIPEG, August 9 – ICE Canada canola contracts were stronger in early activity on Tuesday, propped up by concerns about excess wetness in Western Canada. Some fields in the Prairies are too wet, traders say, which increases disease pressure. Forecasters expect rain to continue throughout August. Overnight advances […] Read more
ICE canola underpinned by weather concerns
North American Grains/Oilseed Review – Canola firms alongside soy, veg oil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 8 – THE ICE Futures Canada canola market chalked up modest gains Monday, tracking advances in the US soy complex. Some funds were out bargain-hunting which was supportive along with gains in Malaysian palm oil, European rapeseed futures and crude oil. Volumes were […] Read more
North American Grains/Oilseed Review – Canola rises alongside soy, veg oil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 8 – THE ICE Futures Canada canola market chalked up modest gains Monday, tracking advances in the US soy complex. Some funds were out bargain-hunting which was supportive along with gains in Malaysian palm oil, European rapeseed futures and crude oil. Volumes were […] Read more
North American Grains/Oilseed Update – Canola firms alongside soy, veg oil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 8 – THE ICE Futures Canada canola market chalked up modest gains Monday, tracking advances in the US soy complex. Some funds were out bargain-hunting which was supportive along with gains in Malaysian palm oil, European rapeseed futures and crude oil. Volumes were […] Read more
North American Grains/Oilseed Review – Canola firms alongside soy, veg oil
By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, August 8 – THE ICE Futures Canada canola market chalked up modest gains Monday, tracking advances in the US soy complex. Some funds were out bargain-hunting which was supportive along with gains in Malaysian palm oil, European rapeseed futures and crude oil. Volumes were […] Read more
ICE Canola Trending Higher With Fund Support, Veg Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, August 8 – Canola contracts on the ICE Futures Canada platform were stronger at 10:40 CDT on Monday, tracking gains in vegetable oil. Large funds have maxed out their positions, according to a Winnipeg-based trader, which he says means they’re not selling in a significant way. “It’s […] Read more
ICE canola gains alongside US oilseeds
By Jade Markus, Commodity News Service Canada WINNIPEG, August 8 – ICE Canada canola contracts were stronger in early activity on Monday, following advances made in the Chicago Board of Trade soy complex. CBOT soybeans, soy oil, and soy meal advanced as strong export demand underpinned the market. Canola is holding above key support levels, […] Read more
North American Grain/Oilseed Review: Canola ends up with soybeans
By Phil Franz-Warkentin and Erin DeBooy, Commodity News Service Canada Winnipeg, Aug. 5 (CNS Canada) – ICE Futures Canada canola contracts were higher on Friday, as strength in Chicago Board of Trade soybeans and weakness in the Canadian dollar both provided support. Weather concerns in some parts of Western Canada, with excess moisture cutting into […] Read more
ICE canola strengthens as Canadian dollar falls
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 5 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Friday, finding support from advances in the Chicago Board of Trade soy complex and a weaker Canadian dollar. The soy complex was boosted by fresh export demand and Midwestern weather […] Read more
ICE Canola Advances With Currency Issues
WINNIPEG, August 5 – Canola contracts on the ICE Futures Canada platform were stronger Friday morning, due to action in the Canadian currency. The Canadian dollar was sharply lower relative to its US counterpart, which made canola more attractive to domestic crushers and out-of-country buyers. Chicago Board of Trade soybeans were higher, which benefited canola. […] Read more