Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 3 – ICE Canada canola contracts were weaker at midday Wednesday, as gains in the Canadian dollar offset support from Chicago Board of Trade soy oil. “Pretty dead, pretty low volumes today too,” said one Winnipeg-based trader. He added that he thinks the market is stronger […] Read more
ICE canola weaker in light-volume trading
ICE canola drops as Canadian dollar rises
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 3 (CNS Canada) – ICE Canada canola contracts were weaker Wednesday morning, as a sharp rise in the Canadian dollar weighed on values. The currency was up by nearly a cent relative to its US counterpart. That cuts into crush margins and makes exports less attractive […] Read more
North American Grains/Oilseed Review – Canola firms with chart support, C$, Soy
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, Feb. 2 – THE ICE Futures Canada canola market finished stronger Tuesday, taking strength from gains in the US soy complex along with currency issues. The Canadian dollar was down four tenths of a cent relative to its US counterpart, which made canola more […] Read more
ICE canola stronger with CBOT soybeans
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 2 – ICE Canada canola contracts were stronger at midday Tuesday, gathering support from Chicago Board of Trade soybeans. Canola was being held up by US markets at midday, but still lagging the gains seen in soybeans when accounting for currency conversion. The Canadian dollar was […] Read more
ICE canola up early as Canadian dollar falls
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 2 (CNS Canada) – ICE Canada canola contracts were stronger Tuesday morning, as weakness in the Canadian dollar and a firmer tone in CBOT soyoil provided support. The currency was down by over half a cent relative to its US counterpart in early activity, which makes […] Read more
North American Grains/Oilseed Review – Canola pushed down by C$, US Soy
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada WINNIPEG, Feb 1 (CNS) – THE ICE Futures Canada canola market ended on a weaker tone Monday, as action within the Canadian currency combined with a weak US soy complex to send the market lower. European rapeseed futures were lower which dragged on soybeans. Farmer […] Read more
Canola weaker at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, February 1 (CNS Canada) – ICE Canada canola contracts were weaker at midday Monday, pressured by speculative selling. Relatively speaking, canola continues to be on the weak side, said one Winnipeg-based analyst, as traders shift their positions relative to the soy market. The Canadian dollar has strengthened […] Read more
ICE canola down early
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 1 (CNS Canada) – ICE Canada canola contracts were posting small losses Monday morning, taking some direction from the softer tone in the CBOT soy complex to start the month. Follow-through speculative selling after Friday’s lower close contributed to the early weakness in canola, as the […] Read more
North American Grain/Oilseed Review: Canola down, US markets up
Reading Time: 2 minutes By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, Jan. 29 – ICE Futures Canada canola contracts were down on Friday, as a firmer tone in the Canadian dollar and positioning against soybeans weighed on values. Canola was looking overpriced compared to CBOT soybeans, after lagging its US counterpart to the downside on […] Read more
ICE canola down at midday, despite soybean gains
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 29 (CNS Canada) – Canola contracts on the ICE Futures Canada platform were down at midday Friday, as the Canadian oilseed saw some rebalancing relative to CBOT soybeans. Canola lagged CBOT soybeans to the downside on Thursday, and adjustments between the two oilseeds saw the Canadian […] Read more