Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 4 (CNS Canada) – ICE Canada canola contracts were weaker Monday morning in relatively quiet activity, as many participants kept to the sidelines with the US markets closed for Independence Day. CBOT soybeans and soyoil were down on Friday, when Canadian markets were closed for Canada […] Read more
ICE canola down in thin holiday trade
North American Grain/Oilseed Review: Soybeans/Canola Climb Post USDA
Reading Time: < 1 minute By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 30 (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Thursday, rising for the fourth straight session as a rally in the Chicago Board of Trade soy complex provided spillover support. Speculators remained active buyers, as they continued to cover […] Read more
ICE Canola Continues Higher Heading Into Long Weekend
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 30 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Thursday, as speculative buying and end-user bargain hunting provided support. Spread activity, as investors were buying canola and selling Chicago Board of Trade soybeans, remained a feature on Thursday, according […] Read more
ICE Canola Climbs Higher With Vegetable Oil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada Canola contracts on the ICE Futures Canada platform were mostly higher Thursday morning, taking strength from gains in vegetable oil. The Canadian dollar was slightly weaker relative to its US counterpart which made canola more attractive on the international market. Traders were positioning themselves ahead of the release […] Read more
North American Grain/Oilseed Review: Canola up, while beans fall
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 29 (CNS Canada) – ICE Futures Canada canola contracts were up for the third straight session on Wednesday, as oversold price sentiment continued to see traders buying back recently sold positions. Spreading against Chicago Board of Trade soybeans was a feature of the […] Read more
ICE canola up with speculator buying
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 29 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, with spreading against Chicago Board of Trade soybeans behind some of the buying interest. Canola was looking underpriced compared to soybeans, and speculators were now buying back their short […] Read more
ICE Canola Firms In Wake Of StatsCan Report
Reading Time: < 1 minute Canola contracts on the ICE Futures Canada platform were higher Wednesday morning, in the wake of Statistics Canada’s acreage estimates. The agency pegged Canada’s canola crop at 20.02 million acres, which is similar to last year’s level. The prediction was viewed as neutral however with some analysts believing a higher number was going to be […] Read more
North American Grain/Oilseed Review: Oversold canola ends up, but off highs
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 28 (CNS Canada) – ICE Futures Canada canola contracts were up on Tuesday, as oversold price sentiment had prices correcting off of their nearby lows for the second straight day. However, prices were well off their session highs by the close. Solid exporter […] Read more
ICE canola continues higher with follow-through buying
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 28(CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, seeing a continuation of Monday’s corrective bounce off of nearby lows. “There was definitely the feeling that we got way overdone,” said a Winnipeg-based broker. Speculative short-covering, fresh exporter buying […] Read more
ICE Canola Keeps Climbing Ahead Of Acreage Report
Reading Time: < 1 minute Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, in follow-through buying after yesterday’s advances. The market received a solid boost from gains in the US soy complex, crude oil and the vegetable oil market. Recent rains have raised some concerns among crop watchers in Western Canada. There are ideas the canola […] Read more