Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 28 (CNS Canada) – ICE Canada canola contracts were firmer Thursday morning, seeing more of the speculative short-covering that helped prices bounce off of major support the previous two sessions. Talk of some fresh export demand contributed to the gains, according to participants, as crush margins […] Read more

Reading Time: 2 minutes By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher on Wednesday, propped up by advances in oilseed markets south of the border. Chicago Board of Trade soybean prices ended higher with renewed concerns about the country’s upcoming pod-setting phase. The US Midwest is expected to be hot and […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 27 – ICE Canada canola contracts were stronger at midday on Wednesday, propped up by a lower domestic currency and gains in other oilseed markets. The commodity-linked Canadian dollar lost ground against its US counterpart on Wednesday, pressured by weaker crude oil prices. That weakness was […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 27 (CNS Canada) – ICE Canada canola contracts were posting solid gains Wednesday morning, continuing to correct higher in sympathy with Chicago Board of Trade soybeans. Speculative short-covering added to the move higher in canola, as fund traders had reportedly built up a large net short […] Read more

Reading Time: 2 minutes By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended higher on Tuesday, following advances in the Chicago Board of Trade soybean market. CBOT soybeans gained with losses in the US dollar, but traders say long-liquidation is still happening, which could add to the declines in coming sessions. Commercial bargain-buying […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 26 – ICE Canada canola contracts were stronger at midday on Tuesday, following a rebound in US soybean markets. “Canola’s kind of hanging back, it doesn’t want to follow the soy markets until they’re sure they’re going to stay up there,” said one Winnipeg-based trader. However, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 26 (CNS Canada) – ICE Canada canola contracts were stronger Tuesday morning, as the market managed to see a modest correction off of its nearby lows. The most active November contract dropped below the psychological C$450 per tonne mark on Monday which was bearish from a […] Read more

Reading Time: 2 minutes By Jade Markus and Erin DeBooy, Commodity News Service Canada ICE Futures Canada canola ended weaker on Monday, pressured by losses in US oilseed markets, and favourable growing conditions in Western Canada. The Chicago Board of Trade soy complex lost ground on Monday, pressured by fund-liquidation, and scattered showers across the US Midwest, which will […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 25 – ICE Canada canola contracts were weaker at midday on Monday, following losses in Chicago Board of Trade soybeans and soy oil. The US soy complex declined with fund-liquidation in choppy trading. “It’s limited the effectiveness of the supportive factor of the Canadian dollar,” said […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 25 (CNS Canada) – ICE Canada canola contracts were holding near unchanged Monday morning, as losses in the CBOT soy complex put a damper on an early attempt at correcting higher. The most active November contract briefly traded below the psychological C$450 per tonne mark in […] Read more