Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 3 (CNS Canada) – Canola contracts on the ICE Futures Canada platform held onto small gains at midday Wednesday, but were off their earlier highs. Advances in Chicago Board of Trade soybeans and soyoil provided underlying support for canola, but the Canadian oilseed was lagging its […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, August 3 – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, tracking gains in vegetable oil. The Chicago Board of Trade soy complex was also higher which added to the upside. Recent rains across Western Canada have bolstered concerns about excess water in […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Erin DeBooy, Commodity News Service Canada Winnipeg, Aug. 2 (CNS Canada) – ICE Futures Canada canola contracts were down on Tuesday, finishing just above major support as chart-based selling weighed on values. Losses in soybeans at the Chicago Board of Trade, put spillover pressure on canola, although soyoil managed to move […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 2 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down sharply at midday Tuesday, trading right above nearby lows as losses in Chicago Board of Trade soybeans weighed on values. Soybeans were down on Monday, while Canadian markets were closed for a […] Read more

Reading Time: < 1 minute Canola contracts on the ICE Futures Canada platform were lower Tuesday morning, weighed down by action in the Canadian currency. The Canadian dollar was roughly half a cent higher compared to its US counterpart, which made canola less enticing to foreign buyers. Canola was also catching up to yesterday’s losses in US soybeans, when the […] Read more

Reading Time: 2 minutes By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher ahead of the weekend, supported by other oilseed markets. Soybeans and soy oil at the Chicago Board of Trade gathered strength from a weaker domestic currency. Strong demand for canola was also bullish, traders say. Advances in Malaysian palm […] Read more

Reading Time: < 1 minute 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

Reading Time: < 1 minute 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

Reading Time: 2 minutes 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

Reading Time: < 1 minute 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