Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 28 (CNS Canada) – ICE Canada canola contracts were stronger Monday morning, testing nearby resistance as gains in CBOT soyoil and Malaysian palm oil provided some support. Production concerns brought on by El Nino weather patterns helped take palm oil futures to fresh two-year highs in […] Read more
ICE Canola Up Early With Palm Oil
North American Grain/Oilseed Review: Canola posts small gains after choppy day
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, March 24 (CNS Canada) – ICE Futures Canada canola contracts held onto small gains on Thursday, after bouncing around both sides of unchanged in choppy activity. Weakness in the Canadian dollar, which has lost more than a cent relative to its US counterpart over […] Read more
ICE Canola Up At Midday
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 24 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were higher at midday Thursday, as gains in Chicago soybeans and weakness in the Canadian dollar provided support. The Canadian dollar lost a cent relative to its US counterpart on Wednesday and remained pointed […] Read more
ICE canola stronger ahead of long weekend
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 24 – ICE Canada canola contracts were stronger Thursday morning, supported by losses in the Canadian dollar. The loonie shed about a cent against the US dollar on Wednesday, and continued its declines on Thursday, which made canola more appealing to foreign buyers. But spill over […] Read more
North American Grain/Oilseed Review: Canola down with spec/farmer selling
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, March 23 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, as losses in CBOT soyoil and other outside vegetable oil markets weighed on prices. Chart based selling contributed to the declines, as canola backed away from nearby resistance. An increase in […] Read more
ICE canola turns down amid conflicting influences
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 23 – Canola contracts on the ICE Futures Canada platform were mostly lower at midday Wednesday, as the market reacted to conflicting outside factors. Losses in CBOT soybeans and soyoil were a bearish influence, while Malaysian palm oil was also down overnight. Chart-based selling contributed to […] Read more
ICE canola mixed in choppy trade
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 23 – ICE Canada canola contracts were mixed in choppy trading Wednesday morning, as losses in the Canadian dollar against its US counterpart balanced a number of bearish influencers. Canola prices had been pushed lower in previous sessions as strength in the Canadian dollar made canola […] Read more
North American Grain/Oilseed Review: Canola up, but off session highs
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, March 22 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, but off their highs for the day as the market ran into some resistance to the upside. Investor short covering, together with solid end user demand, accounted for much of the […] Read more
ICE canola hits one-month highs
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 22 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were stronger at midday Tuesday, testing nearby resistance as advances in the CBOT soy complex provided some spillover support. The nearby May contract was trading at its highest levels in over a month with […] Read more
ICE canola stronger after hitting key level
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 22 – ICE Canada canola contracts were stronger Tuesday morning, as the market pushed above a nearby resistance level, which encouraged buying. Spill over support from Chicago Board of Trade soy oil and Malaysian palm oil were also bullish for canola. Traders have put a weather […] Read more