Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 13 – ICE Canada canola contracts were stronger at midday on Wednesday, following advances in Chicago Board of Trade soybeans, as traders both sides of the border watch the weather. Warmer temperatures have been projected for growing regions in the US, which propped up soybeans, and […] Read more
ICE canola gains with weather concerns
ICE canola strengthening with US soy complex
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 13 – Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, taking direction from strength in the US soy complex. The vegetable oil market also recorded gains, which was bullish for canola. The Canadian dollar was weaker compared to its US counterpart, which […] Read more
US grain and oilseed review: Canola, soy end higher
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended stronger on Tuesday, gathering spillover support from gains in Chicago Board of Trade soybeans. CBOT soybeans advanced, supported by data released by the United States Department of Agriculture earlier in the day. Soybean exports for 2015/16 were revised higher by […] Read more
ICE canola up ahead of USDA reports
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 12 – ICE Canada canola contracts were stronger at midday on Tuesday, tracking advances in soybeans ahead of data from the United States Department of Agriculture (USDA). The USDA is set to release its Crop Production and World Agricultural Supply and Demand Estimates at 11:00 CDT. […] Read more
ICE Canola Bouncing Around Unchanged
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 12 – Canola contracts on the ICE Futures Canada platform were bouncing around unchanged Tuesday morning, taking support from higher prices for US soy amid bearish currency issues. Gains in Malaysian palm oil and crude oil were also supportive for the market. Excess moisture in some […] Read more
US grain and oilseed review: Canola ends mixed
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended mixed, but mostly stronger on Monday. Losses in the Canadian dollar supported front contracts by making the commodity more appealing to international buyers. Malaysian palm oil closed stronger overnight, which further supported prices. However, losses in Chicago Board of Trade […] Read more
ICE canola higher at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 11 – ICE Canada canola contracts moved higher on Monday, gathering strength from a number of bullish factors. The Chicago Board of Trade soy complex was higher at midday, which caused spillover support to canola. A weaker Canadian dollar added to the advances. “We’re sort of […] Read more
ICE Canola Trends Higher With Veg Oil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 11 – Canola contracts on the ICE Futures Canada platform were higher Monday morning, tracking gains in the vegetable oil market. The US soy complex was also posting gains, which was supportive for canola. The Canadian dollar was lower relative to its US counterpart, which made […] Read more
North American Grains/Oilseed Review – Canola and Soy Correct Higher
Reading Time: 2 minutes By Dave Sims, Commodity News Service Canada THE ICE Futures Canada canola market corrected higher Friday. Canola was due for a correction in the wake of yesterday’s steep declines, according to a trader in Winnipeg. “There was also some stepped up commercial buying as the prices were attractive to them,” he said, adding it would […] Read more
ICE Canola Firms With Commercials, US Soy
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 8 – Canola contracts on the ICE Futures Canada platform were stronger at 10:45 CDT on Friday, taking strength from gains in US soy and ideas the market was oversold. “We had some pretty extreme moves yesterday in just about everything so you can’t keep markets […] Read more