ICE Futures Canada canola contracts ended lower on Friday, pressured by losses in the Canadian dollar. The loonie had advanced close to a full cent against its US counterpart by close, which pressured canola by making the commodity less appealing to international buyers. Profit-taking ahead of the weekend was also a feature. Chicago Board of […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, June 3 (CNS Canada) – ICE Canada canola contracts moved lower on Friday, as gains in the Canadian currency pressured the market. “The Canadian dollar is a big factor here today, with the huge downfall in the US employment numbers,” said one Winnipeg-based analyst. The loonie gained […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 3 (CNS Canada) – ICE Canada canola contracts were mostly lower Friday morning, retreating from earlier advances as sharp gains in the Canadian dollar weighed on values. The currency was up by nearly a cent relative to its US counterpart, which makes exports less attractive to […] Read more

By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Thursday, following advances in Chicago Board of Trade soybeans and soymeal. CBOT soybeans moved to a two-year-high on Thursday, as crop loss in Argentina propped up the market. Losses in the Canadian dollar against its US counterpart […] Read more

By Jade Markus and Dave Sims,Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Thursday, following advances in Chicago Board of Trade soybeans and soymeal. CBOT soybeans moved to a two-year-high on Thursday, as crop loss in Argentina propped up the market. Losses in the Canadian dollar against its US counterpart added […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, June 2(CNS Canada) – ICE Canada canola contracts were stronger on Thursday, tracking gains in US soybean and soymeal markets. Canola contracts were moving higher with spillover support from rallying Chicago Board of Trade soy markets. At midday soymeal was up more than ten dollars, while soybeans […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 2 (CNS Canada) – ICE Canada canola contracts were stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s rally. Gains in CBOT soybeans and soyoil, along with a weaker tone in the Canadian dollar to start the day, contributed to the early gains in canola, […] Read more

By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Wednesday, gathering spillover support from sharp advances in Chicago Board of Trade soybeans. Soybeans gained with losses in the US dollar and the expectation for increased demand. Crop loss in Argentina and Brazil has opened up the […] Read more

By Jade Markus, Commodity News Service Canada WINNIPEG, June 1 – ICE Canada canola contracts were stronger on Wednesday, supported by gains in Chicago Board of Trade soybeans and soy oil. “That soy market strength is pulling it up today, but somewhat reluctantly,” said one Winnipeg-based trader. Soybean markets gained with the expectation that demand […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 1 (CNS Canada) – ICE Canada canola contracts were chopping around within a narrow range Wednesday morning, lacking any clear direction. On the one hand, losses in CBOT soyoil, increased farmer selling, bearish nearby technical signals, and relatively favourable North American crop conditions all put some […] Read more