Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 3 – ICE Canada canola contracts were weaker in early activity Thursday morning, taking a breather after yesterday’s volatility. Traders were reluctant to get involved in the market on Thursday, after choppy trading Wednesday, but gains in Chicago Board of Trade soy oil and a weaker […] Read more
ICE canola weaker after yesterday’s gains
North American Grains/Oilseed Review – Canola Climbs After Early Plunge
Reading Time: < 1 minute By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 2 – THE ICE Futures Canada canola market finished higher in volatile trading Wednesday. Speculative selling initially took the market to new lows, but traders began to buy back positions on ideas the selling was overdone. The Canadian dollar was lower relative to […] Read more
ICE Canola Hits New Contract Low
Reading Time: < 1 minute ICE Canola Hits New Contract Low By Dave Sims, Commodity News Service Canada WINNIPEG, March 2 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CST, due to heavy speculative selling. The May contract momentarily crashed through its nearby major level of C$440 per tonne to hit new contract lows. “I […] Read more
ICE canola weaker in early activity
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 2 – ICE Canada canola contracts were weaker Wednesday morning, with follow through speculative selling after Tuesday’s drop below support. Canola’s technical bias remains to the downside, market watchers say. Weaker CBOT soy oil caused spillover pressure in canola, as South America’s soy harvest is progressing […] Read more
ICE canola weaker in early activity
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 2 – ICE Canada canola contracts were weaker Wednesday morning, with follow through speculative selling after Tuesday’s drop below support. Canola’s technical bias remains to the downside, market watchers say. Weaker CBOT soy oil caused spillover pressure in canola, as South America’s soy harvest is progressing […] Read more
North American Grains/Oilseed Review – Canola Down With Spec Selling
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, March 1 – THE ICE Futures Canada canola market chalked up more losses Tuesday, as some early speculative selling took values below major chart support and into new territory. The May contract hit its lowest point in 10 months as sell stops were hit […] Read more
ICE Canola Lower With Spec Selling
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, March 1 – Canola contracts on the ICE Futures Canada platform were lower at 10:50 CST, due to speculative selling as prices moved below major support. Losses in the vegetable oil market and the US soy complex contributed to the downside. Trading in Chicago soyoil has been […] Read more
ICE canola mixed with stronger loonie, CBOT soy
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, March 1 – ICE Canada canola contracts were mixed, but mostly lower, in choppy trading Tuesday morning. Gains in the Canadian dollar pressured canola, while strength in Chicago Board of Trade (CBOT) soybeans provided spillover support on Tuesday. Market watchers say canola’s technical bias is still to […] Read more
North American Grain/Oilseed Review – Canola Dips With CBOT Soyoil
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, February 29 – THE ICE Futures Canada canola market suffered modest losses Monday, as weakness in Chicago Board of Trade soy oil weighed down values. Losses in European rapeseed futures were also bearish for the market. New restrictions by China that limit the amount […] Read more
ICE Canola Weaker Following Soyoil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 29 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CST, tracking losses in CBOT soyoil. European rapeseed futures and CBOT soybeans were also lower which weighed on values. New restrictions by China that limited the amount of dockage allowed in canola […] Read more