Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus Commodity News Service Canada Winnipeg, April 4 (CNS Canada) – ICE Futures Canada canola contracts were stronger at Monday’s close, after bouncing around both sides of unchanged throughout the session. Fund short covering accounted for much of the buying interest, while a softer tone in the Canadian dollar and […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 4 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were narrowly mixed at midday Monday, lacking any clear direction as prices bounced around both sides of unchanged within a narrow range. “Canola is just chopping back and forth here today,” said a broker. […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 4 – ICE Canada canola contracts were higher Monday morning, taking strength from gains in vegetable oil. The US soy complex was higher which added to the upside. The Canadian dollar continues to show weakness relative to its American counterpart, which made canola more attractive to […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, April 1 – THE ICE Futures Canada canola market finished stronger on Friday, following gains in the US soy complex and vegetable oil. European rapeseed futures and Malaysian palm oil were both stronger, which helped underpin values. The Canadian dollar was about a quarter […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, April 1 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Friday, taking direction from action in the Canadian dollar and vegetable oil. Malaysian palm oil rose for the third consecutive day. European rapeseed futures and Chicago Board of Trade soyoil […] Read more

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

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 31 – THE ICE Futures Canada canola market finished higher on Thursday, taking strength from gains in Chicago Board of Trade soyoil. The USDA predicted US farmers will plant 82.2 million acres of soybeans, which is down from last year’s figure of 82.6 […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 31 – Canola contracts on the ICE Futures Canada platform were slightly lower in choppy trading at 10:25 CDT on Thursday, feeling some pressure from action in the Canadian currency. The Canadian dollar was stronger relative to its US counterpart, which made canola less attractive to […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 31 – ICE Canada canola contracts were slightly weaker Thursday morning, pressured by advances in the Canadian dollar. Gains in the loonie make canola less appealing to foreign buyers, which is bearish. After closing weaker on Wednesday, canola’s technical bias is to the downside, which could […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 30 – THE ICE Futures Canada canola market ended weaker on Wednesday, as losses in the US soy complex pointed the way lower. The Canadian dollar was roughly half a cent higher compared to its US counterpart. That made canola less desirable to […] Read more