Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 26 – ICE Canada canola contracts were mostly weaker in early activity on Tuesday, pressured by a stronger Canadian dollar. However, strength in Chicago Board of Trade soy oil limited losses and kept trade choppy on Tuesday. Canola is also seeing a bounce after reaching key […] Read more
ICE canola mostly weaker with stronger Canadian dollar
North American Grain/Oilseed Review: Canola ends mixed after choppy day
Reading Time: 2 minutes By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, Jan. 25 – ICE Futures Canada canola contracts were narrowly mixed on Monday, in thin and choppy activity as spillover selling from the losses in outside vegetable oil markets was countered by the supportive influence of the weaker Canadian dollar. The currency was down […] Read more
ICE canola holding onto small gains in choppy trade
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 25 – Canola contracts on the ICE Futures Canada platform were holding onto small gains at midday Monday, although activity was thin and choppy. Weakness in the Canadian dollar, which was down by nearly half a cent relative to its US counterpart, accounted for most of […] Read more
ICE canola mostly weaker with CBOT soy oil
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 25 – ICE Canada canola contracts were mostly lower in early activity on Monday, tracking weakness in Chicago Board of Trade soy oil. However, weakness in the Canadian dollar limited canola’s losses. Canola is moving near key support levels, market watchers say, and could bounce from […] Read more
North American Grains/Oilseeds Review – Canola Weighed Down By C$
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, January 22 – THE ICE Futures Canada canola market finished lower on Friday, as strength in the Canadian dollar put prices under pressure. The stronger Canadian dollar made canola less attractive to out-of-country buyers and also limited spread action, a trader said. Crush margins […] Read more
ICE Canola Weakened By Canadian Dollar
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 22 – Canola contracts on the ICE Futures Canada platform were weaker at 10:40 CST Friday in choppy trading, pushed lower by action in the Canadian dollar. The Canadian dollar was higher relative to its US counterpart, which made canola less attractive to foreign buyers. “It […] Read more
ICE canola stronger with soy oil
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 22 – ICE Canada canola contracts were slightly stronger in early activity on Friday, gathering spill over support from Chicago Board of Trade soy oil. Market watchers say canola is likely to gather most of its direction from US markets on Friday, which means South America’s […] Read more
North American Grains/Oilseeds Review – Canola Pushed Lower By C$
Reading Time: 2 minutes THE ICE Futures Canada canola market finished lower, as the volatile Canadian dollar weighed down prices and triggered some selling. The loonie was up approximately a cent compared to its US counterpart. That upward action may have boosted the value of the Canadian currency but it also made the country’s canola less attractive to out-of-country […] Read more
ICE Canola Weighed Down By Currency Issues
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 21 – Canola contracts on the ICE Futures Canada platform were weaker at 10:40 CST Thursday, weighed down by the Canadian currency. The Canadian dollar was sharply higher relative to its US counterpart which made canola less attractive to out-of-country buyers. “Crush margins have also leveled […] Read more
ICE canola weaker with stronger Canadian dollar
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 21 – ICE Canada canola contracts were weaker in early activity on Thursday, pressured by strength in the Canadian dollar and weakness in Chicago Board of Trade soy oil. The Canadian dollar gained some ground against the US dollar in early activity on Thursday, which made […] Read more