Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, June 20 – Canola contracts on the ICE Futures Canada platform were weaker at 10:40 CDT on Monday, tracking losses in the US soy market and the stronger Canadian currency. The Canadian dollar was higher relative to its US counterpart, which made canola more attractive to domestic […] Read more
ICE Canola Drops With Soy
ICE canola down near support early Monday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 20 (CNS Canada) – ICE Canada canola contracts were down Monday morning, hitting their lowest levels in three weeks as losses in the CBOT soy complex and firmness in the Canadian dollar weighed on values. Relatively favourable crop conditions across most of Western Canada and the […] Read more
North American Grains/Oilseed Review – Canola rises as soy offsets C$
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 17 – THE ICE Futures Canada canola market chalked up gains Friday, as advances in US soy outweighed the bearish influence of the Canadian currency. Crude oil and the vegetable oil market were both higher which was supportive for canola. Traders were positioning […] Read more
ICE Canola Firms Tracking US Soy
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, June 17 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Friday, following advances in the US soy complex. Both crude oil and the vegetable oil market were also higher which buoyed canola, according to a report. There are ideas yesterday’s […] Read more
ICE canola higher in early activity
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 17 – ICE Canada canola contracts were stronger in early activity on Friday, supported by gains in Chicago Board of Trade soy contracts. Soybeans, soymeal, and soy oil advanced in early activity, underpinned by fund and commercial buying. Overnight gains in the Malaysian palm oil market […] Read more
North American Grain/Oilseed Review: Canola drops with soybeans
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 16 (CNS Canada) – ICE Futures Canada canola contracts were down sharply on Thursday, as a sell-off in the Chicago Board of Trade soy complex spilled over to weigh on prices. Oversold price sentiment had fund traders liquidating long positions, while the recent […] Read more
ICE canola drops as funds and farmers sell
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 16 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were sharply weaker at midday Thursday, as fund long-liquidation and farmer-hedges weighed on values. Sharp losses in the Chicago Board of Trade soy complex put spillover pressure on canola, providing the catalyst for the […] Read more
ICE canola softens with soy complex
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 16 – ICE Canada canola contracts were weaker in early activity on Thursday, tracking losses in the US soy complex. Chicago Board of Trade soybeans, soy oil, and soymeal were weaker in early activity, feeling pressure from gains in the US dollar. The expectation that those […] Read more
ICE Canada Review: Canola Ends Lower Tracking Soy
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 15 – THE ICE Futures Canada canola market finished weaker in choppy trading Wednesday, weighed down by losses in the US soy complex. A slump in Malaysian palm oil helped point the way lower along with declines in crude oil and European rapeseed […] Read more