Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 8 – Canola contracts on the ICE Futures Canada platform corrected higher Friday morning, on the heels of steep losses over the past two sessions. Canola also drew support from gains in the US soy complex and crude oil. There are ideas yesterday’s losses were overdone, […] Read more
ICE Canola Corrects Higher With US Soy
ICE Canada Review: Canola plunges with fund selling
Reading Time: 2 minutes By Dave Sims and Erin DuBooy, Commodity News Service Canada Winnipeg, July 7 – THE ICE Futures Canada canola market finished lower Thursday due to heavy speculative selling with some stops hit on the way down. The US soy complex was also lower which was bearish for canola. Malaysian palm oil and US crude oil […] Read more
ICE Canola Weaker With Soy
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 7 – Canola contracts on the ICE Futures Canada platform were weaker at 10:30 CDT on Thursday, tracking losses in the US soy complex. Malaysian palm oil was also lower which weighed on canola. The Canadian dollar was higher relative to its US counterpart, which made […] Read more
ICE canola continues lower
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 7 (CNS Canada) – ICE Canada canola contracts were mostly lower Thursday morning, after bouncing around both sides of unchanged in overnight activity. Prices were due for a corrective bounce after posting losses the previous three sessions. However, the advances proved short-lived and values retreated to […] Read more
North American Grains/Oilseed Review – Canola dips lower with fund action
Reading Time: 2 minutes By Dave Sims and Erin DeBooy, Commodity News Service Canada Winnipeg, July 6 – THE ICE Futures Canada canola market sunk lower as large funds continued to liquidate positions in the North American oilseed market. Canola posted losses in sympathy with US soybeans and the vegetable oil market. Technical selling was also a feature of […] Read more
ICE Canola Drops With Soy, Fund Liquidation
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, July 6 – Canola contracts on the ICE Futures Canada platform were weaker at 10:45 CDT on Wednesday, tracking losses in the US soy complex. Fund liquidation was also a key feature of the early activity, according to a Winnipeg-based analyst. “Funds coming into this week were […] Read more
ICE canola weaker as soybeans extend losses
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 6 – ICE Canada canola contracts were weaker in early activity on Wednesday, as sharp declines in Chicago Board of Trade soybeans continued. Soybeans moved lower on Wednesday, pressured by beneficial rains in the US Midwest. Favourable crop conditions across Western Canada added to canola’s losses. […] Read more
North American Grain/Oilseed Review: Canola/Soybeans down with fund selling
Reading Time: 2 minutes By Phil Franz-Warkentin and Erin DeBooy Commodity News Service Canada Winnipeg, July 5 (CNS Canada) – ICE Futures Canada canola contracts were down on Tuesday, as a fund sell-off in the Chicago Board of Trade soy complex spilled over to weigh on the market. Speculators liquidating long positions were behind much of the selling pressure […] Read more
ICE canola drops with soybeans as funds sell
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 5 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down sharply at midday Tuesday, as losses in the Chicago Board of Trade soy complex weighed on values. “The funds threw in the towel today,” said a broker on the heavy selling on […] Read more
Canola weaker with soybeans
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, July 5 – ICE Canada canola contracts were weaker in early activity on Tuesday, pressured by spillover losses from Chicago Board of Trade soybeans. Soybeans moved lower with beneficial rains in the US Midwest, which added pressure to the canola market. Malaysian palm oil closed weaker overnight, […] Read more