By Jade Markus, Commodity News Service Canada WINNIPEG, July 29 – ICE Canada canola contracts were stronger at midday on Friday, propped up by advances in Chicago Board of Trade soybeans. “The US dollar is singlehandedly pulling up soybean prices, and canola is tagging along,” one Winnipeg-based trader said. US gross domestic product increased by […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 29 (CNS Canada) – ICE Canada canola contracts were chopping around unchanged within a narrow range Friday morning. The Chicago Board of Trade was also choppy in early activity, providing little direction for canola. Canadian markets will be closed Monday for a civic holiday (Terry Fox […] Read more

By Jade Markus and Erin DeBooy, Commodity News Service Canada Winnipeg, July 28 – ICE Futures Canada canola ended lower with US soybeans on Thursday, following a day of choppy trading. Volatility in domestic currency markets caused back-and-forth movement throughout the day, but spillover weakness from US oilseeds brought canola down by the close. The […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, July 28 – ICE Canada canola contracts were stronger in choppy trade at midday on Thursday. “I think the market just doesn’t really know what to do,” said one Winnipeg-based trader. Short-covering has contributed to the back-and-forth trading and volatility, he said. “We just keeping going up […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 28 (CNS Canada) – ICE Canada canola contracts were firmer Thursday morning, seeing more of the speculative short-covering that helped prices bounce off of major support the previous two sessions. Talk of some fresh export demand contributed to the gains, according to participants, as crush margins […] Read more

By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher on Wednesday, propped up by advances in oilseed markets south of the border. Chicago Board of Trade soybean prices ended higher with renewed concerns about the country’s upcoming pod-setting phase. The US Midwest is expected to be hot and […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, July 27 – ICE Canada canola contracts were stronger at midday on Wednesday, propped up by a lower domestic currency and gains in other oilseed markets. The commodity-linked Canadian dollar lost ground against its US counterpart on Wednesday, pressured by weaker crude oil prices. That weakness was […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 27 (CNS Canada) – ICE Canada canola contracts were posting solid gains Wednesday morning, continuing to correct higher in sympathy with Chicago Board of Trade soybeans. Speculative short-covering added to the move higher in canola, as fund traders had reportedly built up a large net short […] Read more

By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher on Tuesday, following advances in the Chicago Board of Trade soybean market. CBOT soybeans gained with losses in the US dollar, but traders say long-liquidation is still happening, which could add to the declines in coming sessions. Commercial bargain-buying […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, July 26 – ICE Canada canola contracts were stronger at midday on Tuesday, following a rebound in US soybean markets. “Canola’s kind of hanging back, it doesn’t want to follow the soy markets until they’re sure they’re going to stay up there,” said one Winnipeg-based trader. However, […] Read more