By Phil Franz-Warkentin and Erin DeBooy, Commodity News Service Canada Winnipeg, Aug. 4 (CNS Canada) – ICE Futures Canada canola contracts held onto small gains on Thursday, as spillover from the advances in Chicago Board of Trade soyoil provided some support. Ideas that canola was looking oversold from a chart perspective helped underpin the futures […] Read more
North American Grain/Oilseed Review: Canola holds onto small gains
ICE canola up at midday, but lagging soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 4 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were posting small gains at midday Thursday, but were lagging the Chicago Board of Trade soy complex to the upside. “The funds are in control, and they just want to keep pushing it down,” […] Read more
ICE Canola Creeps Higher Following Soy, Veg Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, August 4 – Canola contracts on the ICE Futures Canada platform were moderately higher Thursday morning, enjoying widespread support. The Chicago Board of Trade soy complex was higher which benefited canola. As well, strong gains in Malaysian palm oil underpinned the market along with smaller advances in […] Read more
North American Grain/Oilseed Review: Canola drifts down, despite soy gains
By Phil Franz-Warkentin and Erin DeBooy, Commodity News Service Canada Winnipeg, Aug. 3 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower on Wednesday, as an early attempt at correcting higher proved short lived. Advances in Chicago Board of Trade soybeans and soyoil provided underlying support for canola throughout most of the session, […] Read more
ICE canola holding onto small gains
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 3 (CNS Canada) – Canola contracts on the ICE Futures Canada platform held onto small gains at midday Wednesday, but were off their earlier highs. Advances in Chicago Board of Trade soybeans and soyoil provided underlying support for canola, but the Canadian oilseed was lagging its […] Read more
ICE Canola Advances With Vegetable Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, August 3 – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, tracking gains in vegetable oil. The Chicago Board of Trade soy complex was also higher which added to the upside. Recent rains across Western Canada have bolstered concerns about excess water in […] Read more
North American Grain/Oilseed Review: Canola down with fund selling
By Phil Franz-Warkentin and Erin DeBooy, Commodity News Service Canada Winnipeg, Aug. 2 (CNS Canada) – ICE Futures Canada canola contracts were down on Tuesday, finishing just above major support as chart-based selling weighed on values. Losses in soybeans at the Chicago Board of Trade, put spillover pressure on canola, although soyoil managed to move […] Read more
ICE canola down sharply at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 2 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down sharply at midday Tuesday, trading right above nearby lows as losses in Chicago Board of Trade soybeans weighed on values. Soybeans were down on Monday, while Canadian markets were closed for a […] Read more
ICE Canola Trends Lower To Start Holiday-Shortened Week
Canola contracts on the ICE Futures Canada platform were lower Tuesday morning, weighed down by action in the Canadian currency. The Canadian dollar was roughly half a cent higher compared to its US counterpart, which made canola less enticing to foreign buyers. Canola was also catching up to yesterday’s losses in US soybeans, when the […] Read more
North American grains/oilseed review: Canola ends higher
By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher ahead of the weekend, supported by other oilseed markets. Soybeans and soy oil at the Chicago Board of Trade gathered strength from a weaker domestic currency. Strong demand for canola was also bullish, traders say. Advances in Malaysian palm […] Read more