Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 17 – Canola contracts on the ICE Futures Canada platform were mixed at 10:35 CDT on Thursday, as action in the Canadian dollar overwhelmed spillover gains in vegetable oil. The Canadian dollar was up eight tenths of a cent relative to its US counterpart which made […] Read more
ICE Canola Mostly Lower As C$ Influence Offsets Veg Oil Gains
ICE canola mostly stronger with CBOT soy oil
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 17 – ICE Canada canola contracts were mostly stronger in early activity on Thursday, tracking gains in Chicago Board of Trade (CBOT) soy oil. Soy oil was stronger Thursday morning, supported by weakness in the US dollar, as the Federal Reserve reduced the amount of interest […] Read more
North American Grains/Oilseeds Review – Canola Advances With Technicals
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 16 – THE ICE Futures Canada canola market posted gains Wednesday as chart-based buying combined with a lack of selling to elevate prices. Malaysian palm oil, crude oil and Chicago Board of Trade soyoil and soybeans were higher which boosted values. Slow farmer […] Read more
ICE Canola Trending Higher on Technicals, Lack of Selling
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 16 – Canola contracts on the ICE Futures Canada platform were stronger at 10:45 CDT on Wednesday, as a lack of selling and strong technical signals pushed prices higher. Malaysian palm oil, crude oil, CBOT soyoil and most global financial markets were higher which boosted values. […] Read more
ICE canola stronger in early activity
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 16 – ICE Canada canola contracts were stronger in early activity on Wednesday, supported by strong commercial demand. Traders say canola’s technical bias is to the upside, which was another supportive feature on Wednesday. The Canadian dollar was sluggish, but slightly weaker, in early activity ahead […] Read more
North American Grain/Oilseed Review: Canola up, but hits resistance
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 15 (CNS Canada) – THE ICE Futures Canada canola market finished slightly higher Tuesday, taking strength from action in the Canadian currency and advances in vegetable oil. The Canadian dollar was about half a cent lower relative to its US counterpart, which made […] Read more
ICE Canola Advancing With Veg Oil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 15 – Canola contracts on the ICE Futures Canada platform were stronger at 10:40 CDT on Tuesday, taking strength from gains in the vegetable oil market and currency issues. The Canadian dollar was down two-thirds of a cent relative to its US counterpart, which made canola […] Read more
ICE canola propped up by weaker Canadian dollar
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 15 – ICE Canada canola contracts were stronger in early activity Tuesday morning, as a weaker loonie supported prices. Losses in the Canadian dollar makes canola more appealing to foreign buyers. Canola’s technical bias is still to the upside, and commercial demand remains strong, which is […] Read more
North American Grains/Oilseed Review – Canola Firms With C$, Soyoil
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 14 – THE ICE Futures Canada canola market posted modest gains Monday, tracking changes in the Canadian currency and advances in Chicago Board of Trade soyoil. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to foreign […] Read more
ICE Canola Rising With Currency and Soyoil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 14 – Canola contracts on the ICE Futures Canada platform were stronger at 10:35 CDT on Monday, taking strength from CBOT soyoil and action in the Canadian currency. Commercial demand remains steady while global financial markets firmed, which was bullish. The Canadian dollar was lower relative […] Read more