Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, June 15 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CDT on Wednesday, pressured once again by declines in the US soy complex. Malaysian palm oil futures struck their lowest point in four months, which weighed on canola. European rapeseed futures and […] Read more
ICE Canola Softens Under Continued Pressure From Soy Complex
ICE canola down with soy oil
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 15 – ICE Canada canola contracts were weaker in early activity on Wednesday, following Chicago Board of Trade soy oil markets lower. CBOT soy oil lost ground Wednesday morning, pressured by overnight losses in Malaysian palm oil. From a technical standpoint, canola prices have hit resistance, […] Read more
ICE Canada Review: Canola Ends Mixed After Volatile Day
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 14 – THE ICE Futures Canada canola market finished mixed in choppy trading Tuesday. Losses in US soy dragged down the July contract and many of the more deferred values, while speculative trade pushed up the most-active November contract and a few other […] Read more
ICE Canola Drops With Soy Complex
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, June 14 – Canola contracts on the ICE Futures Canada platform were lower at 10:35 CDT on Tuesday, tracking losses in the US soy complex. Declines in Malaysian palm oil and crude oil were also bearish for values. Weather conditions in Western Canada are generally favourable for […] Read more
ICE canola lower with soybeans
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, MB, June 14, 2016 – ICE Canada canola contracts were weaker in early activity on Tuesday, pressured by losses in Chicago Board of Trade soybeans. Soybeans were lower with seeding progress and concerns about the US Federal Reserve raising interest rates this summer. Fed officials start a […] Read more
ICE Canada Review: Canola Gains With Spec Trade
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 13 – THE ICE Futures Canada canola market finished slightly higher in choppy trading Monday due to speculative trading. “It’s fooling around with the US markets but it’s not tending to go too far either way. When US markets are strong canola will […] Read more
ICE Canada Review: Canola Gains With Spec Trade
Reading Time: < 1 minute By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 13 – THE ICE Futures Canada canola market finished slightly higher in choppy trading Monday due to speculative trading. “It’s fooling around with the US markets but it’s not tending to go too far either way. When US markets are strong canola will […] Read more
ICE Canola Firms With Soybeans
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, June 13, 2016 – Canola contracts on the ICE Futures Canada platform were higher at 10:35 CDT on Monday, taking strength from gains in US soybeans and some speculative buying. There are ideas that European rapeseed supplies are on the smallish side, which was supportive for canola, […] Read more
ICE canola starts the week off higher
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 13 – ICE Canada canola contracts were stronger in early activity on Monday, tracking advances in Chicago Board of Trade soybeans, and further underpinned by losses in the Canadian dollar. The loonie lost ground against its US counterpart on Monday, pressured by declines in crude oil. […] Read more
North American Grain/Oilseed Review: Canola mixed, beans mostly higher
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 10 (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed on Friday, retreating from earlier gains to settle mixed at the final bell. A bullish reaction in soybeans to the USDA’s monthly supply/demand report provided some spillover support for canola for […] Read more