By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, July 15 – ICE Futures Canada canola ended weaker on Friday, pressured by losses in Chicago Board of Trade soybeans. Canola and soybean markets were feeling the bearish effects of favourable growing conditions. Canola declined as ample moisture is helping plants in western Canada […] Read more
US grain and oilseed review: Canola closes lower ahead of the weekend
ICE canola falls in choppy trade at midday
By Jade Markus, Commodity News Service Canada WINNIPEG, July 15 – ICE Canada canola contracts were weaker at midday on Friday, pressured by favourable weather, and volatility in the Canadian dollar. “In Canada the crops haven’t looked better,” said one Winnipeg-based farmer and trader. “This is my 46th crop in Manitoba, and it’s the best […] Read more
ICE Canola Ticks Higher With Soy and Currency Issues
By Dave Sims, Commodity News Service Canada WINNIPEG, July 15 – Canola contracts on the ICE Futures Canada platform were higher Friday morning, taking support from action in the Canadian currency and higher US soy prices. The Canadian dollar was slightly lower compared to its US counterpart, which made canola more enticing to foreign buyers. […] Read more
North American Grains/Oilseed Review – Canola Follows US Soy Lower
By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, July 14 (CNS Canada) – ICE Futures Canada canola ended weaker on Thursday, feeling spillover pressure from sharp declines in the Chicago Board of Trade soybean market. US soybeans lost ground with weaker export sales, and ideas that scattered showers will limit some of […] Read more
ICE canola lagging soy oil, but underpinned by US weather
By Jade Markus, Commodity News Service Canada WINNIPEG, July 14 – ICE Canada canola contracts were stronger at midday on Thursday, following advances in Chicago Board of Trade soy oil, and propped up by weather concerns. Despite gaining ground at midday, canola was lagging soy oil after yesterday’s advances. “Canola was quite a bit stronger […] Read more
ICE Canola Firms With Veg Oil
By Dave Sims, Commodity News Service Canada WINNIPEG, July 14 – Canola contracts on the ICE Futures Canada platform were higher Thursday morning, following gains in vegetable oil. Malaysian palm oil, US soyoil and European rapeseed futures were all stronger. Gains in crude oil and Chicago Board of Trade soybeans were also supportive for values. […] Read more
US grain and oilseed review: Canola extends gains
By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, July 13 (CNS Canada) – ICE Futures Canada canola ended stronger on Wednesday, supported by gains in Chicago Board of Trade soybeans, and soggy fields in Manitoba and Saskatchewan. CBOT soybeans advanced on Wednesday as warm, dry conditions in the US Midwest could put […] Read more
ICE canola gains with weather concerns
By Jade Markus, Commodity News Service Canada WINNIPEG, July 13 – ICE Canada canola contracts were stronger at midday on Wednesday, following advances in Chicago Board of Trade soybeans, as traders both sides of the border watch the weather. Warmer temperatures have been projected for growing regions in the US, which propped up soybeans, and […] Read more
ICE canola strengthening with US soy complex
By Dave Sims, Commodity News Service Canada WINNIPEG, July 13 – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, taking direction from strength in the US soy complex. The vegetable oil market also recorded gains, which was bullish for canola. The Canadian dollar was weaker compared to its US counterpart, which […] Read more
US grain and oilseed review: Canola, soy end higher
By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended stronger on Tuesday, gathering spillover support from gains in Chicago Board of Trade soybeans. CBOT soybeans advanced, supported by data released by the United States Department of Agriculture earlier in the day. Soybean exports for 2015/16 were revised higher by […] Read more