By Jade Markus, Commodity News Service Canada WINNIPEG, June 17 – ICE Canada canola contracts were stronger in early activity on Friday, supported by gains in Chicago Board of Trade soy contracts. Soybeans, soymeal, and soy oil advanced in early activity, underpinned by fund and commercial buying. Overnight gains in the Malaysian palm oil market […] Read more
ICE canola higher in early activity
North American Grain/Oilseed Review: Canola drops with soybeans
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 16 (CNS Canada) – ICE Futures Canada canola contracts were down sharply on Thursday, as a sell-off in the Chicago Board of Trade soy complex spilled over to weigh on prices. Oversold price sentiment had fund traders liquidating long positions, while the recent […] Read more
ICE canola drops as funds and farmers sell
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 16 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were sharply weaker at midday Thursday, as fund long-liquidation and farmer-hedges weighed on values. Sharp losses in the Chicago Board of Trade soy complex put spillover pressure on canola, providing the catalyst for the […] Read more
ICE canola softens with soy complex
By Jade Markus, Commodity News Service Canada WINNIPEG, June 16 – ICE Canada canola contracts were weaker in early activity on Thursday, tracking losses in the US soy complex. Chicago Board of Trade soybeans, soy oil, and soymeal were weaker in early activity, feeling pressure from gains in the US dollar. The expectation that those […] Read more
ICE Canada Review: Canola Ends Lower Tracking Soy
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 15 – THE ICE Futures Canada canola market finished weaker in choppy trading Wednesday, weighed down by losses in the US soy complex. A slump in Malaysian palm oil helped point the way lower along with declines in crude oil and European rapeseed […] Read more
ICE Canada Review: Canola Ends Lower Tracking Soy
ICE Canola Softens Under Continued Pressure From Soy Complex
By Dave Sims, Commodity News Service Canada WINNIPEG, June 15 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CDT on Wednesday, pressured once again by declines in the US soy complex. Malaysian palm oil futures struck their lowest point in four months, which weighed on canola. European rapeseed futures and […] Read more
ICE canola down with soy oil
By Jade Markus, Commodity News Service Canada WINNIPEG, June 15 – ICE Canada canola contracts were weaker in early activity on Wednesday, following Chicago Board of Trade soy oil markets lower. CBOT soy oil lost ground Wednesday morning, pressured by overnight losses in Malaysian palm oil. From a technical standpoint, canola prices have hit resistance, […] Read more
ICE Canada Review: Canola Ends Mixed After Volatile Day
By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 14 – THE ICE Futures Canada canola market finished mixed in choppy trading Tuesday. Losses in US soy dragged down the July contract and many of the more deferred values, while speculative trade pushed up the most-active November contract and a few other […] Read more
ICE Canola Drops With Soy Complex
By Dave Sims, Commodity News Service Canada WINNIPEG, June 14 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CDT on Tuesday, tracking losses in the US soy complex. Declines in Malaysian palm oil and crude oil were also bearish for values. Weather conditions in Western Canada are generally favourable for […] Read more