Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Feb. 23 (CNS Canada) – ICE Futures Canada canola contracts were down sharply on Tuesday, dropping below nearby chart support in the process to hit fresh nine-month lows. Losses in CBOT soyoil and soybeans contributed to the downturn in canola, with selling pressure in the […] Read more
North American Grain/Oilseed Review: Canola drops sharply
ICE canola mostly weaker with CBOT soy
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 23 – ICE Canada canola contracts were mixed, but mostly lower, at midday on Tuesday, tracking losses in Chicago Board of Trade soy contracts. “The bean market, which has been half-asleep for a long time—only moving up or down two, three, four cents—all of a sudden […] Read more
ICE Canola Mostly Lower With Veg Oil
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 23 – ICE Canada canola contracts were mostly lower Tuesday morning, following losses in the vegetable oil market. Malaysian palm oil declined for the fourth consecutive day, which cut into the advances. The US soy complex and European rapeseed futures were also lower. Large supplies of […] Read more
North American Grain/Oilseed Review: Canola/beans up with fund buying
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Feb. 22 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Monday, as advances in crude oil and the US soy market kept fund traders on the buy side in the Canadian market. Solid end user demand, together with a lack of significant […] Read more
ICE canola stronger at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 22 – ICE Canada canola contracts were higher at midday on Monday, supported by strength in Chicago Board of Trade soy contracts. Gains in CBOT soybeans and soy oil provided psychological support, according to one Winnipeg-based trader. Spread activity was a feature on Monday, the trader […] Read more
ICE Canola Rises Following CBOT Soy Complex
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 22 – ICE Canada canola contracts were higher Monday morning, taking strength from gains in the Chicago Board of Trade soy complex. Advances in crude oil were bullish for canola. Steady commercial demand provided support to values which looked under-priced compared to other oilseeds, an analyst […] Read more
North American Grains/Oilseed Review – Canola gains as traders adjust contracts
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, February 19 – THE ICE Futures Canada canola market posted gains in choppy trading Friday, as traders rolled out of the March contract, which is due to expire soon, and into the May contract. Palm oil was relatively steady which gave canola some support, […] Read more
ICE canola mostly stronger in choppy trade
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 19 – ICE Canada canola contracts were mixed, but mostly stronger, at midday on Friday in choppy trading. Weakness in the Canadian dollar supported canola, while losses in Chicago Board of Trade soy oil limited gains. “In outside markets, you’ve got this mixed tone as well, […] Read more
ICE Canola Jumps Higher In Pre-Weekend Positioning
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 19 (CNS Canada) – ICE Canada canola contracts were stronger Friday morning, as activity in the currency markets provided some support. The Canadian dollar was down by about half a cent relative to its US counterpart in early activity, taking back some of its recent gains. […] Read more
North American Grains/Oilseed Review – Canola Chops Around, Ends Lower
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, February 18 – THE ICE Futures Canada canola market bounced around both sides of unchanged in choppy trading Thursday, before finishing weaker. A lack of buying pushed down Malaysian palm oil which contributed to declines in canola. European rapeseed futures, crude oil, Chicago soyoil […] Read more