Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, June 24 (CNS Canada) – ICE Futures Canada canola ended lower on Friday, as a broad commodity sell-off pressured the market. Many markets saw a sharp sell-off in the aftermath of a ‘leave’ vote from Britons in a recent referendum. Spillover weakness from Chicago […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 24 – ICE Canada canola contracts moved lower on Friday, feeling general downward pressure from Brexit and losses in Chicago Board of Trade soybeans. Britons voted to leave the European Union in a referendum, and the following uncertainty had a bearish effect on many equity and […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 24 (CNS Canada) – ICE Canada canola contracts were weaker Friday morning, as commodity markets reacted to the results of the British referendum on leaving the European Union. The United Kingdom voted 52 to 48 per cent in favour of leaving the EU, which came as […] Read more

Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended lower on Thursday, pressured by gains in the Canadian dollar ahead of a key decision from Britain. The commodity-linked Canadian dollar gained with crude oil prices, and reduced likelihood that Britain will leave the European Union. A ‘remain’ vote in […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 23 – ICE Canada canola contracts moved lower on Thursday, as liquidation from spec funds continued to pressure the market. Positioning ahead of Statistics Canada’s next acreage report, due out June 29, was also a feature on Wednesday, one Winnipeg-based trader said. Gains in the Canadian […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 23 (CNS Canada) – ICE Canada canola contracts were weaker Thursday morning, continuing their trend of the past week as bearish technical signals and good North American weather conditions weighed on values. Early strength in the Canadian dollar added to the softer tone in canola, according […] Read more

Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola ended mixed on Wednesday as fund-selling pressured front contracts. Canola’s technical bias is to the downside, which has spurred a round of investor-selling. Favourable crop conditions across most of Western Canada added pressure to the market. Volatility in the Canadian dollar […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 22 – ICE Canada canola contracts moved slightly higher on Wednesday, sluggishly following advances in Chicago Board of Trade soy markets. “It’s kind of quiet, we’ve got the US markets pushing higher today,” said one Winnipeg-based trader. US soy markets gained as a drier long-term forecast […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 22 (CNS Canada) – ICE Canada canola contracts were stronger Wednesday morning, seeing a correction after dropping sharply the previous two sessions. The most active November contract bounced off of its 100-day moving average, which was supportive from a chart standpoint. End-user bargain hunting, gains in […] Read more

Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, June 21 (CNS Canada) – ICE Futures Canada canola contracts ended lower on Tuesday, pressured by traders leaving positions. Traders started liquidating their positions as favorable crop conditions in Western Canada curbed speculative buying. Some areas are too wet, analysts say, but overall, crop […] Read more