Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 25 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were up sharply at midday Monday, recovering from overnight declines as a rally in CBOT soybeans spilled over to provide support. Speculators were said to be covering short positions in the US, while the […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 25 – Canola contracts on the ICE Futures Canada platform were correcting lower at 8:55 CDT on Monday, in the wake of Friday’s losses. European rapeseed futures and Malaysian palm oil were both weaker which was bearish for values. There are ideas that recent wet weather […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, April 22 – THE ICE Futures Canada canola market suffered losses on Friday in sympathy with a sharply lower US soy complex. Declines in Malaysian palm oil and European rapeseed futures added to Friday’s drop. The Canadian dollar was about a quarter of a […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 22 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CDT on Friday, as the stronger Canadian dollar and sharply lower soy complex weighed down the market. Malaysian palm oil and European rapeseed futures were both lower which contributed to the declines. […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, April 22 – ICE Canada canola contracts were lower in early activity on Friday, pressured by losses in Chicago Board of Trade soy oil and gains in the Canadian dollar. The loonie gained ground against its US counterpart Friday morning, supported by favourable domestic data and gains […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, April 21 – THE ICE Futures Canada canola market ended stronger on Thursday due to a bullish planting intentions report for canola. Statistics Canada pegged acreage for the current planting season at 19.3 million acres. That is below what most analysts had been anticipating […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 21 – Canola contracts on the ICE Futures Canada platform were stronger at 10:50 CDT on Thursday, as a new report indicated Canadian farmers will be planting less canola acres than expected. Most analysts predicted acreage to be between 19.7 million to 21.3 million acres, however […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, April 21 – ICE Canada canola contracts were stronger Thursday morning, supported by a lower-than-anticipated number from Statistics Canada. StatsCan data pegged this year’s seeded acreage at 19.345 million acres, compared with 20.095 million acres last year. Trade estimates collected by CNS Canada fell between 19.7 million […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, April 20 – THE ICE Futures Canada canola market finished stronger on Wednesday, taking strength from soybeans and some fund buying. Prices were also bolstered by advances in Malaysian palm oil and crude oil. Traders were staking out positions ahead of Thursday’s planting intentions […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 20 – Canola contracts on the ICE Futures Canada platform were mostly higher at 10:40 CDT on Wednesday, due to speculative buying. Canola’s July contract topped the 200-day moving average, taking strength from a recent rally in the soy complex. Traders were also adjusting positions ahead […] Read more