Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 12 – ICE Canada canola contracts were lower in choppy trading Friday morning, correcting lower in the wake of Thursday’s gains. Traders were positioning themselves ahead of the long weekend. Both Canadian and US markets are closed for separate holidays. Large supplies of South American soybeans […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 11 (CNS Canada) – ICE Futures Canada canola contracts posted solid gains on Thursday, seeing some follow-through buying interest as the market continued to bounce off of the nearby lows hit earlier in the week. Advances in CBOT soybeans and soyoil, together with […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 11 – ICE Canada canola contracts were stronger at midday on Thursday, buoyed by losses in the Canadian dollar. Spillover support from Chicago Board of Trade soy oil was also a feature on Thursday. “But, like yesterday, it’s not going up a lot off that support, […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 11 – ICE Canada canola contracts were higher Thursday morning, taking strength from gains in the CBOT soy complex and currency issues. The Canadian dollar was lower relative to its US counterpart, which made canola a more attractive purchase for foreign buyers. Malaysian palm oil was […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Feb. 10 (CNS Canada) – ICE Futures Canada canola contracts moved higher on Wednesday, seeing a modest correction after Tuesday’s break below chart support. Weakness in the Canadian dollar and advances in CBOT soyoil both contributed to the buying interest in canola, as that combination […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 10 – ICE Canada canola contracts were stronger at midday on Wednesday, supported by a weaker Canadian dollar. Losses in the Canadian dollar lent gains to canola, according to one Winnipeg-based analyst, but that support could be limited. “Beans are relatively flat, so I don’t know […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 10 – ICE Canada canola contracts corrected higher Wednesday morning, retracing some of their steps following yesterday’s losses. The Canadian dollar was lower relative to its US counterpart, which made canola a more attractive purchase for out-of-country customers. Chicago soyoil, Malaysian palm oil and crude oil […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 9 (CNS Canada) – ICE Futures Canada canola contracts were down on Tuesday, falling below major chart support as some sell stops were hit and speculative selling built on itself. The March contract hit a session low of C$457 per tonne, which was […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 9 – ICE Canada canola contracts were weaker at midday on Tuesday, as a stronger Canadian dollar weighed on prices. The Canadian dollar gained ground against its US counterpart on Tuesday, which pressured prices as it makes canola less appealing to buyers. Positioning ahead of a […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, February 9 – ICE Canada canola contracts were sharply lower Tuesday morning, as the nearby contract sank below key technical support levels, prompting a rash of selling. The most-active March contract traded below C$463 per tonne which caused some sell stops to be uncovered. The Canadian dollar […] Read more