Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, March 9 (CNS Canada) – ICE Futures Canada canola contracts were down on Wednesday, as a rally in the Canadian dollar weighed on the market. The currency was up by nearly a full cent relative to its US counterpart, cutting into crush margins and […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 9 – ICE Canada canola contracts were slightly stronger in sluggish trading at midday on Wednesday. Canola has the potential for additional upside before Wednesday’s close, according to one Winnipeg-based trader. “Canola always seems to start sort of sluggish, lagging, lagging, lagging, and then it catches […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 9 – ICE Canada canola contracts were slightly higher Wednesday morning taking strength from Chicago Board of Trade soyoil. Dry weather in key parts of Asia continues to push Malaysian palm oil futures higher, which was supportive for canola. Commercial buying has been steady and traders […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, March 8 (CNS Canada) – ICE Futures Canada canola contracts settled narrowly mixed on Tuesday, recovering from earlier losses in the final minutes of trade. Ongoing uncertainty over tightening dockage allowances in China kept exporters on the sidelines, as any sales booked now are unlikely to make […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 8 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down at midday Tuesday, as a lack of end user buying interest weighed on the lightly traded market. Ongoing uncertainty over tightening dockage allowances in China were said to be keeping some exporters […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 8 – ICE Canada canola contracts were lower Tuesday morning tracking losses in veg oil and financial markets. Weak economic data out of China has weighed down many markets around the globe which is casting a bearish shadow over canola and other commodities, according to multiple […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 7 – THE ICE Futures Canada canola market finished higher Monday, taking strength from gains in the vegetable oil market. The US soy complex was also stronger which supported canola. Traders may be positioning themselves ahead of a Bank of Canada announcement on […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 7 – ICE Canada canola contracts were stronger at midday on Monday, tracking gains in Chicago Board of Trade (CBOT) soy oil. Canola prices were higher with spillover support from CBOT markets, but still lagging behind soy oil’s gains as traders continue to lean on prices. […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 7 – ICE Canada canola contracts were mixed Friday morning with the nearby May contract pressured by ideas the market was slightly overbought, while the more deferred contracts followed outside markets higher. The Canadian dollar was lower relative to its US counterpart, which made canola more […] Read more

Reading Time: 2 minutes By Dave Sims, Commodity News Service Canada Winnipeg, March 4 – THE ICE Futures Canada canola market ended mostly higher Friday with the most-active May contract finishing unchanged, while the more-deferred contracts tracked US soy higher. Gains in the US soy complex, Malaysian palm oil and European rapeseed futures contributed to the upside. Commercial demand […] Read more