Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, January 20 – THE ICE Futures Canada canola market finished lower taking direction from the US soy complex. Steep losses in financial markets were bearish for canola, analysts said. The market was also undermined by losses in crude oil and vegetable oil. Concerns about […] Read more
North American Grain/Oilseed Review – Canola Drops With Soy, Weak Markets
ICE Canola Weakens Following US Soy
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 20 – Canola contracts on the ICE Futures Canada platform were weaker at 10:40 CST Wednesday, tracking losses in the CBOT soy complex. Declines in Malaysian palm oil, European rapeseed futures and crude oil undermined the market. Concerns about the slowing Chinese economy were bearish for […] Read more
ICE canola mostly stronger with weak Canadian dollar
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 20 – ICE Canada canola contracts were mostly higher Wednesday morning, as weakness in the Canadian dollar was tempered by losses in Chicago Board of Trade soy contracts. The Canadian dollar weakened against the US dollar in early activity on Wednesday, positioning ahead of an interest […] Read more
North American Grains/Oilseed Review – Canola Advances Behind US Soy
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, January 19 – THE ICE Futures Canada canola market finished higher taking direction from the US soy complex. Malaysian palm oil futures were higher today, as the El Nino weather phenomenon has cut into production forecasts, which helped to support canola. There are ideas […] Read more
ICE Canola Edges Higher
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 19 – Canola contracts on the ICE Futures Canada platform were higher at 10:45 CST Tuesday, taking strength from advances in CBOT soyoil. Gains in Malaysian palm oil, crude oil and CBOT soybeans also helped prop up values. Some buying was also sparked by ideas canola […] Read more
ICE canola stronger with CBOT soy oil
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 19 – ICE Canada canola contracts were stronger Tuesday morning, supported by strength in Chicago Board of Trade soy oil and Malaysian palm oil. CBOT soy oil was stronger in early activity, which provided support to canola futures on Tuesday. Hot and dry weather in Brazil’s […] Read more
ICE Canada Review: Canola Ebbs Higher With Specs In Muted Trade
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada Winnipeg, January 18 – THE ICE Futures Canada canola market finished higher in mostly range-bound trade Monday, supported by steady commercial buying. US markets were closed Monday due to Martin Luther King Jr. Day. The Canadian dollar was weaker relative to its US counterpart which typically makes canola […] Read more
ICE Canola Climbs Higher
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 18 – Canola contracts on the ICE Futures Canada platform were higher at 10:45 CST Monday, taking strength from gains in European rapeseed futures and steady commercial buying. US markets were closed Monday due to Martin Luther King Jr. Day. “It’s a directionless market that really […] Read more
ICE canola stronger in thin holiday trading
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG–ICE Canada canola contracts were stronger Monday morning in light-volume trading. The Canadian dollar was slightly firmer against its US counterpart in early activity on Monday, which limited upside in canola, but the loonie was still at a 13-year low overall, which was supportive. US markets were closed […] Read more
North American Grain/Oilseed Review: Canola ends mixed
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Jan. 15 – ICE Futures Canada canola contracts were narrowly mixed on Friday, with losses in the front months and a firmer tone in the new crop months. Activity was choppy throughout the session, as the market reacted to conflicting outside forces. Sharp weakness […] Read more