Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 26 – ICE Canada canola contracts were mixed, but mostly lower, in early activity on Thursday, pressured by advances in the Canadian dollar. The loonie gained ground against its US counterpart, which pressured canola by making the commodity less appealing to international buyers. Beneficial rains in […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, May 25 – THE ICE Futures Canada canola market finished higher on Wednesday, pushed upward by steep gains in the US soy complex. Strength in crude oil and Malaysian palm oil underpinned the market. Slow farmer selling contributed to the upside as well, said […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 25 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Wednesday, taking strength from gains in the US soy complex. “Soymeal is screaming higher which is supporting the crush margins, even though the Canadian dollar is higher,” said a Winnipeg-based […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 25 – ICE Canada canola contracts were stronger in early activity on Wednesday, gathering spillover buying from Chicago Board of Trade soybeans. CBOT soybeans gained back ground Wednesday morning as concerns about crop-loss in Argentina re-entered the market as the country heads into harvest. Commercial buying […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, May 25 – The following is a glance at the news moving markets globally. CHINA TO RAISE DOMESTIC FUEL PRICES China will increase domestic gasoline and diesel prices starting Thursday, according to reports out of the country on Wednesday. Gasoline prices will increase by 210 yuan, or C$42, per […] Read more

Reading Time: 2 minutes ICE Canada Review: Canola Lower On Ideas It’s Overbought By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 24 – THE ICE Futures Canada canola market finished lower on Tuesday, taking direction from the weaker US soy complex and on ideas the market was overbought. Rain fell over the past few days […] Read more

Reading Time: < 1 minute Canola contracts on the ICE Futures Canada platform were weaker at 10:40 CDT on Tuesday, on ideas the market was overbought. “Canola was due for a correction. It got trapped way too high after Friday’s close,” said a Winnipeg-based trader. The Canadian dollar was higher relative to its US counterpart which made canola less attractive […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, MB, May 24, 2016 – ICE Canada canola contracts were weaker in early activity on Tuesday, feeling spillover pressure from losses in Chicago Board of Trade soybeans. Due to unfavourable corn seeding conditions, many US farmers are expected to switch acres to soybeans this year, which is […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, May 20 (CNS Canada) – ICE Futures Canada canola contracts posted solid gains on Friday, after bouncing around both sides of unchanged in choppy activity as speculators were on the buy-side ahead of the long weekend. Canadian markets will be closed Monday, May 23, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 20 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were mostly weaker at midday Friday, retreating from earlier gains as losses in CBOT soyoil weighed on values. Bearish technical signals contributed to the selling pressure in canola, as traders adjusted positions ahead of […] Read more