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
ICE canola weaker with CBOT soy oil, stronger loonie
North American Grains/Oilseeds Review – Canola Rises With Acreage Report
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
ICE Canola Rises In Wake of Report
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
ICE canola up with StatsCan data
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
North American Grains/Oilseed Review – Canola firms with fund buying
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
ICE Canola Posting Small Advances Ahead Of Stats Can Report
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
ICE canola mostly stronger Wednesday morning
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, April 20 – ICE Canada canola contracts were mixed, but mostly stronger in early activity on Wednesday, as traders positioned ahead of Statistics Canada data. StatsCan is set to release its seeding intentions report on Thursday, April 21. The Canadian dollar was weaker against its US counterpart […] Read more
North American Grain/Oilseeds Review – Canola follows US soy higher
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, April 19 – THE ICE Futures Canada canola market finished stronger on Tuesday, taking strength from gains in the US soy complex. Prices were also bolstered by advances in Malaysian palm oil and crude oil. Some parts of Alberta and Saskatchewan are too dry […] Read more
ICE Canola Advances As Rally In Veg Oil Offsets Action By C$
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 19 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Tuesday, taking strength from gains in vegetable oil and crude oil. Chicago Board of Trade soybeans and soymeal were also higher which underpinned the market. Some parts of Alberta and […] Read more
ICE canola stronger with vegetable oils, data positioning
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, April 19 – ICE Canada canola contracts were stronger in early activity on Tuesday, propped up by strength in outside markets and trader-positioning ahead of Statistics Canada data. Chicago Board of Trade soy oil was stronger in early activity, and Malaysian palm oil closed stronger overnight, which […] Read more