By Dave Sims, Commodity News Service Canada WINNIPEG, June 9 – Canola contracts on the ICE Futures Canada platform were lower at 8:55 CDT on Thursday, following declines in US soybeans and influenced by some technical trading. Losses in Malaysian palm oil and crude oil added to the downside. There are ideas that yesterday’s gains […] Read more
Ice Canola Drifts Lower
North American Grain/Oilseed Review: Soybeans rally, canola follows
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 8 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, with the new crop contracts hitting fresh highs as a rally in Chicago Board of Trade soybeans provided spillover support. Fund traders were noted buyers, adding to their long positions, […] Read more
ICE canola up as soybeans rally
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 8 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were up at midday Wednesday, as a rally in the Chicago Board of Trade soy complex spilled over to provide support. Both old and new crop soybeans shot to fresh contract highs on Wednesday, […] Read more
ICE Canola Strengthens With US Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, June 8 – Canola contracts on the ICE Futures Canada platform were higher at 9:00 CDT on Wednesday, following gains in the Chicago Board of Trade soy complex. European rapeseed futures and crude oil were both higher, which was bullish for values. Farmer selling is still somewhat […] Read more
North American Grain/Oilseed Review: Canola Recovers To Post Gains
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 7 (CNS Canada) – ICE Futures Canada canola contracts were higher at Tuesday’s close, recovering from early declines as soybeans turned higher at the Chicago Board of Trade. Relatively favourable crop conditions across most of Western Canada were a bearish influence in the […] Read more
ICE Canola Down With Soyoil, But Lagging
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 7 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down at midday Tuesday, taking some direction from the losses in Chicago Board of Trade soyoil. A firmer tone in the Canadian dollar, which has gained roughly two cents relative to its US […] Read more
ICE Canola Weakens With US Soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, June 7 – Canola contracts on the ICE Futures Canada platform were mostly lower at 8:55 CDT on Tuesday, tracking losses in soyoil. Malaysian palm oil was under pressure which contributed to the declines. Western Canada is expected to get more rain this weekend which should help […] Read more
North American Grain/Oilseed Review: Canola higher, but lags beans
By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 6 (CNS Canada) – ICE Futures Canada canola contracts were higher on Monday, but lagged Chicago Board of Trade soybeans to the upside as the firm Canadian dollar put a damper on the market. Export demand and Midwestern weather concerns were behind some […] Read more
ICE Canola Rises With Soybeans
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 6 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were up at midday Monday, as gains in the Chicago Board of Trade soy complex provided spillover support. Exporters scrambling to fulfill commitments by switching optional origin cargoes from Argentina to the US were […] Read more
ICE Canola Rises With US Soy
By Dave Sims, Commodity News Service Canada WINNIPEG, June 6 – Canola contracts on the ICE Futures Canada platform were higher at 8:55 CDT on Monday, taking strength from gains in US soy and some speculative trading. Malaysian palm oil was slightly weaker but stocks are said to be at their lowest levels in five […] Read more