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

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 30 – Canola contracts on the ICE Futures Canada platform were lower at 10:40 CDT on Wednesday, pushed lower by losses in the US soy complex and action in the Canadian currency. “It’s a down day,” said a trader in Winnipeg. “I don’t see anything reversing […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 30 (CNS Canada) – ICE Canada canola contracts were weaker Wednesday morning, as losses in CBOT soyoil and a firmer tone in the Canadian dollar weighed on prices. The combination of a rising Canadian dollar and losses in soyoil cuts into crush margins, which makes canola […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 29 – THE ICE Futures Canada canola market finished higher on Tuesday, as spillover gains in vegetable oil outweighed bearish action in the Canadian currency. Malaysian palm oil continues to trade higher, building upon yesterday’s two year high. That strength has filtered into […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 29 – Canola contracts on the ICE Futures Canada platform were higher at 10:40 CDT on Tuesday, following advances in Chicago Board of Trade soybeans and soyoil. Speculation is swirling that China may not go ahead with plans to lower the amount of dockage it accepts […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 29 (CNS Canada) – ICE Canada canola contracts were stronger Tuesday morning, seeing some follow-through buying interest after Monday’s gains. Continued strength in Malaysian palm oil remained a driving force in the world vegetable oil markets, underpinning canola as well, according to participants. Supportive technical signals, […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 28 – THE ICE Futures Canada canola market finished higher Monday, as short-covering from large funds and wide-spread strength in the vegetable oil market pushed values higher. Dryness in parts of Western Canada was supportive and volumes were light. Malaysian palm oil hit […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 28 – Canola contracts on the ICE Futures Canada platform were stronger at 10:40 CDT on Monday, taking strength from gains in soyoil, large fund short-covering and some technical trading. “Funds are still short on canola so they’re scrambling, tying to cover,” noted a Winnipeg-based trader. […] Read more