Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 8 (CNS Canada) – ICE Futures Canada canola contracts were down on Monday, retesting major chart support in the process as speculative selling weighed on values. Losses in CBOT soyoil, ample supplies in Western Canada, steady farmer selling, and a lack of aggressive […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 8 (CNS Canada) – ICE Canada canola contracts were mixed, but mostly lower, at midday on Monday, pressured by Chicago Board of Trade soy oil. However, weakness in the Canadian dollar limited losses on Monday, and new crop months held closer to unchanged. “That’s sort of […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – ICE Canada canola contracts were down Monday morning, testing nearby support in early activity. Chart-based selling was a feature, as the nearby technical bias remains pointed lower, according to participants. The March contract fell below the psychological C$470 per tonne level last […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, February 5 – THE ICE Futures Canada canola market posted modest gains after a choppy trading session Friday. Values traded both sides of unchanged numerous times before ending stronger due to action within the Canadian dollar and chart-based trading. The most-active March contract dropped […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 5 – ICE Canada canola contracts were weaker at midday on Friday, pressured by general weakness in Chicago Board of Trade contracts. “It’s trading very weak, and that’s just a sign of the undertones in the grain and oilseed markets,” said one Winnipeg-based trader. CBOT soy […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 5 (CNS Canada) – ICE Canada canola contracts were bouncing around both sides of unchanged Friday morning. The March contract settled below the psychological C$470 per tonne mark on Thursday, and tested the next support at C$467 per tonne on Friday before finding some buying interest […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, February 4 – THE ICE Futures Canada canola market suffered losses Thursday, pressured by the continued rise of the Canadian dollar. The Canadian dollar was up relative to its US counterpart, which made canola less attractive to international buyers. The loonie jumped well over […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 4 (CNS Canada) – ICE Canada canola contracts were weaker at midday on Thursday, pressured by gains in the Canadian dollar. A stronger Canadian dollar is moving canola prices lower, and despite losses in the US dollar Chicago Board of Trade markets have not been able […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 4 (CNS Canada) – ICE Canada canola contracts were weaker Thursday morning, as a continued rally in the Canadian dollar and confirmation of large canola supplies weighed on values. The currency was up by about two-thirds of a cent relative to its US counterpart in early […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, February 3 – THE ICE Futures Canada canola market finished weaker Wednesday, pressured by sharp changes within the Canadian dollar. The Canadian dollar was up well over a cent relative to its US counterpart, which made canola less attractive to domestic crushers and overseas […] Read more