Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 20 – Canola contracts on the ICE Futures Canada platform were higher at 8:55 CDT on Friday, taking strength from gains in US soybeans. Malaysian palm oil futures and crude oil were both stronger which buoyed the canola market. The Canadian dollar was relatively weak compared […] Read more

Reading Time: 2 minutes By Jade Markus, Commodity News Service Canada Winnipeg, May 19 (CNS Canada) – ICE Futures Canada canola contracts ended mixed, but mostly lower, on Thursday as losses in Chicago Board of Trade soybeans and soy oil continued to pressure the market. US soybean markets lost ground on Thursday as gains in the country’s currency, and […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 19 – ICE Canada canola contracts were weaker on Thursday, pressured by spillover losses in Chicago Board of Trade soybeans and soy oil. The psychology in US markets shifted overnight, one US trader said, as the greenback gained, which caused traders to flush-out the market. “The […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 19 (CNS Canada) – ICE Canada canola contracts were weaker Thursday morning, as traders took profits after Wednesday’s gains. Losses in CBOT soybeans and soyoil spilled over to weigh on canola, amid ideas that Wednesday’s late bounce in the Canadian oilseed was overdone. Malaysian palm oil […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, May 18 (CNS Canada) – ICE Futures Canada canola contracts posted solid gains on Wednesday, despite losses in the Chicago soy complex, as speculative buying provided support. Ideas that canola was looking underpriced compared to soybeans, after lagging soybeans to the upside on Tuesday, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 18 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were mixed at midday Wednesday, with gains in the nearby July contract and losses in the more deferred positions. A weaker tone in the Canadian dollar, solid end-user demand, and a lack of significant […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 18 – Canola contracts on the ICE Futures Canada platform were chopping around unchanged at 8:55 CDT on Wednesday, as losses in the vegetable oil market were offset by currency issues. Chicago Board of Trade soybeans were tilting to the downside and crude oil was feeling […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, May 17 (CNS Canada) – ICE Futures Canada canola contracts were higher on Tuesday, as gains in CBOT soybeans and a weaker tone in the Canadian dollar provided support. Chart-based buying was a feature, although the Canadian market lagged soybeans to the upside. Weather […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 17 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, taking some direction from the advances in the Chicago Board of Trade soy complex. A softer tone in the Canadian dollar was also supportive, as it makes canola more […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 17 – Canola contracts on the ICE Futures Canada platform were higher at 8:55 CDT on Tuesday, tracking gains in the US soy complex. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to out-of-country buyers. Gains in crude oil […] Read more