Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 18 – ICE Canada canola contracts were mostly weaker at midday on Thursday, tracking losses in Chicago Board of Trade soybeans and soy oil. “The beans don’t seem like they want to go anywhere, though the trend is down,” said one Winnipeg-based trader. He added that […] Read more
ICE canola feeling spillover pressure from soybeans
ICE Canola Narrowly Mixed
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 18 (CNS Canada) – ICE Canada canola contracts were trading to both sides of unchanged Thursday morning, lacking any clear direction as the market saw some consolidation after yesterday’s losses. A sharp rise in the Canadian dollar relative to its US counterpart accounted for much of […] Read more
North American Grains/Oilseed Review – Canola Weighed Down By Surging C$
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, February 17 – THE ICE Futures Canada canola market finished lower Wednesday, weighed down by strength in the Canadian dollar. The Canadian dollar was nearly a cent higher relative to its US counterpart, which made canola less attractive to out-of-country buyers. “Canola is going […] Read more
ICE canola weaker as Canadian dollar strengthens
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 17 – ICE Canada canola contracts were weaker at midday on Wednesday, pressured by gains in the Canadian dollar. However strength in Chicago Board of Trade soy oil and soybeans provided some spill over support to canola on Wednesday. The loonie strengthened against the US dollar, […] Read more
ICE canola down early
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 17 CNS Canada) – ICE Canada canola contracts were posting small losses Wednesday morning, as bearish technical signals and gains in the Canadian dollar weighed on prices. The currency was up by roughly half a cent relative to its US counterpart, which makes exports less attractive […] Read more
North American Grains/Oilseeds Review – Canola Rises With C$, Soybeans
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, February 16 – THE ICE Futures Canada canola market finished higher in choppy trading Tuesday, pushed upward by currency issues and gains in Chicago soybeans. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to out-of-country buyers. The […] Read more
ICE canola stronger at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 16 – ICE Canada canola contracts were stronger at midday on Tuesday. A weaker Canadian dollar lent support to canola contracts at midday, while losses in Chicago Board of Trade soy oil capped gains. “It’s probably a little bit more of a neutral position right now. […] Read more
ICE canola turning higher in early trade
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 16 (CNS Canada) – ICE Canada canola contracts were holding near unchanged Tuesday morning, although the bias was turning to the upside. Gains in CBOT soybeans did lend some spillover support to canola, according to traders. However, soy oil was down, which weighed on the other […] Read more
North American Grain/Oilseed Review: Canola ends down after choppy day
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Feb. 12 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower at Friday’s close, after chopping around both sides of unchanged throughout the session. Gains in CBOT soy oil and other vegetable oil markets, including Malaysian palm oil, did lend some spillover support […] Read more
ICE canola mostly weaker at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 12 – ICE Canada canola contracts were mostly weaker at midday on Friday, pressured by a stronger Canadian dollar and weakness in Chicago Board of Trade soybeans. Gains in soy oil limited some losses on Friday, but overall trade was lackluster. “Pretty slow, pretty slow. The […] Read more