Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 31 (CNS Canada) – ICE Canada canola contracts were stronger Tuesday morning, in rather quiet activity. Advances in CBOT soybeans and soyoil provided some spillover support for canola to start the day, as the US markets reopened after the Memorial Day long weekend. A softer tone […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada Winnipeg, May 30 (CNS Canada) – ICE Futures Canada canola contracts ended weaker on Monday after a day of sluggish trading. Canola ended slightly lower due to favourable weather in Western Canada. Well-timed rains across Manitoba, Saskatchewan, and Alberta have revived soil moisture, and supported germinating crops. Despite […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 30 – ICE Canada canola contracts were stronger on Monday, taking slow and steady strides higher with losses in the Canadian dollar. Canola was gathering sole support from a weaker loonie at midday, as US markets were closed for Memorial Day. The Canadian dollar lost ground […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada Canola contracts on the ICE Futures Canada platform were higher at 8:55 CDT on Monday, due to action in the Canadian currency. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to domestic crushers and foreign buyers. Light volumes exaggerated the gains […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 30 – The following is a glance at the news moving markets globally. ST. LOUIS FED PRESIDENT SAYS GLOBAL MARKETS CAN HANDLE HIKE James Bullard, St. Louis Federal Reserve President, said global markets seem well-prepared for an interest rate hike this summer from the US Federal Reserve, according […] Read more

Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 27 – THE ICE Futures Canada canola market finished mixed Friday, as spread-based action pushed the front-month contract below unchanged while the more-deferred contracts picked up modest gains. Traders were also adjusting positions ahead of the Memorial Day long weekend in the US. […] Read more

Reading Time: < 1 minute Canola contracts on the ICE Futures Canada platform were lower at 10:40 CDT on Friday, as traders exited the July contract in favour of the more deferred values. “Soybeans are up, down and sideways, meal is under pressure. Are we done with that crazy rally? Canola is caught in the middle, watching the US market […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 27 – ICE Canada canola contracts were stronger in early activity on Friday, propped up by declines in the Canadian dollar. The loonie lost ground against its US counterpart Friday morning, pressured by weaker crude oil prices and favourable US GDP data. A lower Canadian dollar […] Read more

Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 26 – THE ICE Futures Canada canola market suffered losses on Thursday, due to speculative selling. Losses in US soyoil and soybeans helped weigh down the market. Wet weather across Western Canada has partially alleviated concerns over excess dryness, according to a report. […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 26 – Canola contracts on the ICE Futures Canada platform were lower at 10:40 CDT on Thursday, following losses in Chicago Board of Trade soyoil. Declines in CBOT soybeans and crude oil added to the bearish tone. Wet weather in Western Canada has reduced concerns over […] Read more