Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 10 – ICE Canada canola contracts were stronger in early activity on Tuesday, following Chicago Board of Trade soy contracts higher. CBOT soybeans were higher in pre-report positioning, ahead of supply and demand data from the United States Department of Agriculture. Market-talk that export business is […] Read more
ICE canola stronger with CBOT soy in pre-report positioning
ICE canola up sharply Tuesday morning
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 10 (CNS Canada) – ICE Canada canola contracts were up Tuesday morning, with chart-based fund buying a feature as the technical signals remain pointed higher. Gains in the Chicago Board of Trade soy complex provided some spillover support for canola, but the Canadian oilseed was outpacing […] 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 9 (CNS Canada) – ICE Futures Canada canola contracts were mixed on Monday, as losses in the Canadian dollar advanced prices, while weakness Chicago Board of Trade soybeans pushed more deferred contracts lower. The Canadian dollar was weaker on Monday, declining with crude […] Read more
ICE canola mostly higher at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 9 – ICE Canada canola contracts were mixed, but mostly higher, at midday on Monday, feeling some pressure from losses in Chicago Board of Trade soybeans, but keeping a more moderate tone. “Very swingy action in the soy markets still,” said one Winnipeg-based trader. That action […] Read more
ICE Canola Continues Higher Monday Morning
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 9 (CNS Canada) – ICE Canada canola contracts were mostly stronger Monday morning, as the nearby technical bias remains pointed higher. Canola futures were initially lower in overnight activity, as profit-taking came forward after prices hit their highest levels in nine months on Friday. However, the […] Read more
North American Grain/Oilseed Review: Canola Jumps To End Week
Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 6 (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Friday, hitting fresh nine-month highs on the back of fund buying, weakness in the Canadian dollar, and a rally in the Chicago Board of Trade soy complex. Mounting weather concerns in Western Canada […] Read more
ICE canola up sharply at midday Friday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 6 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were up sharply at midday Friday, hitting fresh nine-month highs in the process as a rally in the CBOT soy complex and softness in the Canadian dollar provided support. Mounting weather concerns in Western […] Read more
ICE canola mixed Friday morning
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 6 – ICE Canada canola contracts were mixed, but mostly stronger in early activity on Friday, gathering support from weakness in the Canadian dollar. The Canadian dollar lost ground against its US counterpart Friday, tracking losses in crude oil, which is bullish for canola as it […] Read more
North American Grains/Oilseed Review – Canola ticks lower with soy
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 5 – THE ICE Futures Canada canola market was lower on Thursday tracking losses in the US soy complex. The vegetable oil market also suffered declines which was bearish for canola. The Canadian dollar was up slightly relative to its US counterpart, which […] Read more
ICE Canola Bouncing Around Unchanged
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 5 – Canola contracts on the ICE Futures Canada platform were bouncing around unchanged at 10:40 CDT on Thursday, with the July contract slightly lower due to profit-taking while gains in vegetable oil led the rest of the market higher. Traders are positioning themselves ahead of […] Read more