Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 3 (CNS Canada) – ICE Canada canola contracts were mostly lower Friday morning, retreating from earlier advances as sharp gains in the Canadian dollar weighed on values. The currency was up by nearly a cent relative to its US counterpart, which makes exports less attractive to […] Read more
ICE Canola Turns Lower As Canadian Dollar Climbs
US grain and oilseed review: Soybeans move to two-year-high
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Thursday, following advances in Chicago Board of Trade soybeans and soymeal. CBOT soybeans moved to a two-year-high on Thursday, as crop loss in Argentina propped up the market. Losses in the Canadian dollar against its US counterpart […] Read more
US grain and oilseed review: Soybeans hit two-year-high
Reading Time: 2 minutes By Jade Markus and Dave Sims,Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Thursday, following advances in Chicago Board of Trade soybeans and soymeal. CBOT soybeans moved to a two-year-high on Thursday, as crop loss in Argentina propped up the market. Losses in the Canadian dollar against its US counterpart added […] Read more
ICE canola up with rallying soybeans
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 2(CNS Canada) – ICE Canada canola contracts were stronger on Thursday, tracking gains in US soybean and soymeal markets. Canola contracts were moving higher with spillover support from rallying Chicago Board of Trade soy markets. At midday soymeal was up more than ten dollars, while soybeans […] Read more
ICE Canola Up With Follow-Through Buying
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 2 (CNS Canada) – ICE Canada canola contracts were stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s rally. Gains in CBOT soybeans and soyoil, along with a weaker tone in the Canadian dollar to start the day, contributed to the early gains in canola, […] Read more
North American grain/oilseed review: Canola up with US soybeans
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada ICE Futures Canada canola contracts ended higher on Wednesday, gathering spillover support from sharp advances in Chicago Board of Trade soybeans. Soybeans gained with losses in the US dollar and the expectation for increased demand. Crop loss in Argentina and Brazil has opened up the […] Read more
ICE canola up, gathering strength from CBOT soybeans
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, June 1 – ICE Canada canola contracts were stronger on Wednesday, supported by gains in Chicago Board of Trade soybeans and soy oil. “That soy market strength is pulling it up today, but somewhat reluctantly,” said one Winnipeg-based trader. Soybean markets gained with the expectation that demand […] Read more
ICE canola narrowly mixed in early trade
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 1 (CNS Canada) – ICE Canada canola contracts were chopping around within a narrow range Wednesday morning, lacking any clear direction. On the one hand, losses in CBOT soyoil, increased farmer selling, bearish nearby technical signals, and relatively favourable North American crop conditions all put some […] Read more
US grain and oilseed review: Canola ends mixed
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, May 31 (CNS Canada) – ICE Futures Canada canola contracts ended mixed on Tuesday, in volatile month-end trading. The July contract closed lower as traders unwound July/November spreads. The rest of the market gathered underlying support from losses in the Canadian dollar. A weaker […] Read more
ICE canola stronger at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG–ICE Canada canola contracts were stronger on Tuesday, supported by losses in the Canadian dollar and gains in Chicago Board of Trade soy oil. The loonie lost ground against its US counterpart on Tuesday, as high crude oil supplies, and the expectation that the US Federal Reserve could […] Read more