Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 4 – THE ICE Futures Canada canola market ended mixed on Wednesday. The July contract finished lower as traders took profits while vegetable oil advances and currency issues lifted the more-deferred values. The Canadian dollar was nearly one cent lower relative to its […] Read more
North American Grains/Oilseed Review – Canola Finishes Mixed
ICE Canola Advances With US Soy And Weaker Canadian Currency
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 4 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Wednesday, taking strength from action in the Canadian currency and gains in the US soy complex. The Canadian dollar was nearly a cent lower relative to its US counterpart, which […] Read more
ICE canola up in choppy trading
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 4 – ICE Canada canola contracts were slightly stronger in choppy trading on Wednesday. Weakness in the Canadian dollar propped up canola on Wednesday, as it makes the commodity more appealing to foreign buyers. Commercial buying is still strong, analysts say, which was another supportive feature. […] Read more
North American Grains/Oilseed Report – Canola Firms With Currency Action
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 3 – THE ICE Futures Canada canola market ended mostly higher on Tuesday with the July contract propped up by action in the Canadian currency. The Canadian dollar was roughly one cent lower compared to its US counterpart which made it more attractive […] Read more
ICE Canola Firms With Weaker Canadian Dollar
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 3 – Canola contracts on the ICE Futures Canada platform were stronger at 10:45 CDT on Tuesday, due to action in the Canadian currency. The Canadian dollar was nearly a cent lower relative to its American counterpart, which made canola more desirable to out-of-country buyers. “You’re […] Read more
ICE canola up with loonie’s losses
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 3 – ICE Canada canola contracts were stronger in early activity on Tuesday, propped up by losses in the Canadian dollar. The loonie weakened against its US counterpart Tuesday morning as crude oil futures nose-dived on supply concerns. Strength in Chicago Board of Trade soybeans and […] Read more
North American Grains/Oilseed Review – Canola ends mixed
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, May 2 – THE ICE Futures Canada canola market ended mixed on Monday with the front-month contract tracking losses in Chicago Board of Trade soyoil while some of the more deferred contracts ended higher on chart-based buying. Losses in Malaysian palm oil and crude […] Read more
ICE Canola Drops Tracking Soyoil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, May 2 – Canola contracts on the ICE Futures Canada platform were weaker at 10:45 CDT on Monday, with losses in soyoil pointing the way lower. Declines in Malaysian palm oil and Chicago Board of Trade soybeans were also bearish for canola. A Winnipeg-based trader said canola […] Read more
ICE canola mostly stronger in early activity
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, May 2 – ICE Canada canola contracts were mixed, but mostly stronger, in early activity on Monday, seeing independent strength despite bearish influence from outside markets. Canola has moved above key resistance levels, which is providing support to the market. Traders continue to keep a weather premium […] Read more
North American Grain/Oilseed Review: Canola settles higher
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, April 29 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Friday, boosted by fund buying once again as the futures flirted with upside resistance. The need to keep some weather premiums in the futures heading into the growing season remained supportive as […] Read more