Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 29 – ICE Canada canola contracts were weaker in early activity on Monday, pressured by losses in Chicago Board of Trade soy oil and soybeans. Canola’s technical bias is to the downside, market watchers say, after a sharp sell-off last week. Malaysian palm oil closed lower […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 26 (CNS Canada) – ICE Futures Canada canola contracts settled with small losses on Friday, but were well off the lows for the day as the market managed to see some consolidation to end the week. Speculators adding to their short positions were […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 26 – ICE Canada canola contracts were unresponsive to bullish influencers on Friday, moving lower at midday. Chicago Board of Trade soy oil was higher at midday on Friday, while the Canadian dollar was weaker against its US counterpart, which would normally buoy canola prices. “It […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 26 – ICE Canada canola contracts were lower Friday morning in follow-through selling on the heels of yesterday’s sharp losses. The Canadian dollar was higher relative to its US counterpart, which made canola less enticing from an international buyer’s point of view. Weakness in European rapeseed […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 25 (CNS Canada) – ICE Futures Canada canola contracts were down sharply on Thursday, falling to their lowest levels in more than nine months. Canola was “very volatile; very weak,” according to a trader who described the selling pressure as heavy when it materialized. Strength in […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 25 – ICE Canada canola contracts were lower on Thursday as a stronger Canadian dollar and losses in Chicago Board of Trade soybeans and soy oil pressured the market. However, strong demand for canola limited some losses on Thursday, said one Winnipeg-based trader. “I guess it’s […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 25 – ICE Canada canola contracts were weaker Thursday morning, as a firmer tone in the Canadian dollar and generally bearish technical signals weighed on values. The Canadian dollar was up by roughly half a cent relative to its US counterpart in early activity, hitting its […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 24 (CNS Canada) – ICE Futures Canada canola contracts were higher on Wednesday, as the market saw a correction after Tuesday’s sharp declines. Oversold price sentiment and end user bargain hunting contributed to Wednesday’s gains, according to participants. Concerns that tougher Chinese import […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 24 – ICE Canada canola contracts were mixed, but mostly higher, at midday on Wednesday, recovering slightly after Tuesday’s sell-off. On Tuesday canola markets plummeted with the news that China would be toughening its standards for Canadian canola at the start of April, but one Winnipeg-based […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 24 – ICE Canada canola contracts were higher Wednesday morning, as the market consolidated in the wake of yesterday’s sharp losses, according to an analyst. The Canadian dollar was lower relative to its US counterpart, which made canola more enticing from an international buyer’s point of […] Read more