Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 8 – Canola contracts on the ICE Futures Canada platform were slightly lower at 8:53 CDT on Friday, pressured by action in the Canadian dollar and lower soyoil. Malaysian palm oil suffered losses overnight which added to the declines. The Canadian dollar was up over three-quarters […] Read more
ICE Canola Weakens Due To Canadian Dollar
North American Grain/Oilseed Review: Canola down slightly, but rangebound
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, April 7 (CNS Canada) – ICE Futures Canada canola contracts were weaker at Thursday’s close, although conflicting outside factors kept the market trading within a rather narrow range. On the one hand, losses in CBOT soyoil and soybeans did weigh on values throughout the […] Read more
ICE canola narrowly mixed at midday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 7 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were narrowly mixed at midday Thursday, as weakness in the Canadian dollar countered the spillover selling pressure from the declines in CBOT soyoil. Speculative short-covering accounted for most of the buying interest, according to […] Read more
ICE Canola Declines Following Soyoil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 7 – Canola contracts on the ICE Futures Canada platform were slightly lower at 8:53 CDT on Thursday, following losses in Chicago Board of Trade soyoil. Soybeans were also lower while steady farmer selling added to the downside. South American soybeans continue to flow into the […] Read more
North American Grain/Oilseed Review: Canola hits two-month highs
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, April 6 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, hitting their highest levels in two months as gains in CBOT soybeans and soyoil provided some spillover support. Canola was also underpinned by solid end user demand from both exporters and […] Read more
ICE canola up at midday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 6 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were higher at midday Wednesday, recovering from earlier losses as a turn higher in Chicago soyoil provided some spillover support. Canola had started the day on the defensive, but the most active contracts were […] Read more
ICE Canola Lower In Early Trading
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 6 – Canola contracts on the ICE Futures Canada platform were slightly lower in choppy trading at 8:55 CDT on Tuesday. Steady farmer selling and ideas that more US farmers could switch intended corn acres to soybeans was also bearish for values. Large soybean supplies from […] Read more
North American Grain/Oilseed Review: Canola down, but lags soyoil
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, April 5 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Tuesday, but lagged the CBOT soy complex to the downside as weakness in the Canadian dollar countered the spillover selling pressure. CBOT soyoil futures were down sharply from their nearby highs, […] Read more
ICE canola down with soyoil at midday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 5 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down at midday Tuesday, as losses in outside vegetable oil markets weighed on values. CBOT soyoil futures were down by about half a cent per pound at midsession, while Malaysian palm oil futures […] Read more
ICE Canola Narrowly Mixed in Choppy Trading
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 5 – Canola contracts on the ICE Futures Canada platform were bouncing around unchanged in choppy trading at 8:55 CDT on Tuesday. Canola was feeling pressure from losses in Chicago Board of Trade soyoil, and to a lesser extent soybeans. Many global financial markets were also […] Read more