Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were lower at midday Monday in thin and choppy activity, as traders were trying to assess the extent of the damage caused by cold temperatures over the weekend. The mercury dropped below freezing across […] Read more
ICE canola lower at midday, watching weather
ICE Canola Follows Soyoil Higher
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 29 – Canola contracts on the ICE Futures Canada platform were slightly higher at 8:55 CDT on Friday, tracking gains in US soyoil. Dry weather across the Western Canadian Prairies is casting a weather premium into the market along with wet weather in major soybean growing […] Read more
North American Grain and Oilseed Review – Canola rebounds ahead of weekend
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, May 13 (CNS Canada) – ICE Futures Canada canola contracts were higher on Thursday, rebounding after earlier losses, and gathering strength from a lower loonie. Canola was able to gain back ground ahead of the weekend, as sharp declines brought the market near support […] Read more
ICE canola mostly stronger with loonie’s losses
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 13 (CNS Canada) – ICE Canada canola contracts were mostly stronger in light-volume trading on Friday, supported by losses in the Canadian dollar. “It’s beginning to turn downward, so that’s giving canola good support today,” said one Winnipeg-based trader. A weaker Canadian dollar makes canola more […] Read more
ICE canola narrowly mixed after choppy week
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 13 (CNS Canada) – ICE Canada canola contracts were narrowly mixed Friday morning, as the market consolidated within a narrow range after a seeing large moves over the course of the week. The July contract has traded within a forty dollar range over the past week, […] Read more
US grain and oilseed review: Canola down with CBOT soy oil
Reading Time: 2 minutes By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, May 12 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Thursday, pressured by spillover losses in Chicago Board of Trade soy oil and soybeans. CBOT soybeans were weaker on Thursday after export data from the United States Department of Agriculture. Soy’s […] Read more
ICE canola weaker with farmer-selling
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 12 – ICE Canada canola contracts were weaker on Thursday, pressured by increased farmer-selling due to higher prices. “We’re heavy in here, farmers have been good sellers after this spike,” said one Winnipeg-based trader. The market is also still catching up after Tuesday’s rally, he added. […] Read more
ICE Canola Continues To Correct Lower
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 12 (CNS Canada) – ICE Canada canola contracts were down Thursday morning, as the market continued to correct off of the highs hit earlier in the week. Losses in CBOT soyoil and a firmer tone in the Canadian dollar added to the early declines in canola, […] Read more
ICE Canada Review: Canola hands back gains
Reading Time: 2 minutes By Jade Markus and Dave Sims Commodity News Service Canada Winnipeg, May 11 (CNS Canada) – ICE Futures Canada canola contracts were weaker Wednesday, handing back Tuesday’s advances. On Tuesday canola followed Chicago Board of Trade soybeans higher, but the market corrected lower throughout the day on Wednesday, amid investor uncertainty about fund-buying in US […] Read more
ICE canola mostly weaker post-rally
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 11 – ICE Canada canola contracts were mostly weaker at midday on Wednesday after posting large gains on Tuesday. The canola market saw sharp advances on Tuesday, following Chicago Board of Trade soybeans higher after the United States Department of Agriculture released bullish supply data. On […] Read more