Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service 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 in the Canadian dollar […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 15 – ICE Canada canola contracts were mostly higher at midday Friday, as a weak Canadian dollar buoyed prices, while weakness in Chicago Board of Trade soy oil tempered gains. “Soybean oil and the Canadian dollar are keeping canola where it is. I think it’s got […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 15 – ICE Canada canola contracts were lower Friday morning, following weakness in the US soy complex. Weakness in European rapeseed futures, crude oil and Chinese financial markets also contributed to the bearish tone, an analyst said. Profit-taking could be a factor before the weekend, according […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Winnipeg, Jan. 14 – ICE Futures Canada canola contracts were narrowly mixed on Thursday, with a firmer tone in the front months and losses in the more deferred positions as the spreads narrowed in slightly. Advances in CBOT soyoil futures provided some spillover support for canola, according to participants. […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 14 – ICE Canada canola contracts were unchanged to lower at midday Thursday as strength in Chicago Board of Trade soy oil was tempered by gains in the Canadian dollar. “Well we’re hanging in here pretty good, all things considered,” said one Winnipeg-based trader. Strength in […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 14 – ICE Canada canola contracts were lower Thursday morning, following weakness in CBOT soybeans. Spillover losses in other nearby markets also contributed to the declines while European rapeseed futures were also feeling pressure. Sideways trading should be expected as increased farmer selling is being countered […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Jan. 13 – ICE Futures Canada canola contracts were stronger on Wednesday, as the Canadian dollar fell to fresh 13-year lows and CBOT soyoil moved higher. After an early attempt at correcting higher, the Canadian dollar resumed its current downtrend to move well below […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 13 – Canola contracts on the ICE Futures Canada platform were stronger at midday Wednesday, as gains in CBOT soyoil spilled over to provide some support. Follow-through buying interest from Tuesday’s rally contributed to the gains in canola, with the nearby technical signals shifting higher, according […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 13 – ICE Canada canola contracts were mostly lower Wednesday morning, with action in the Canadian currency weighing down the market. The Canadian dollar was up approximately a third of a cent relative to its US counterpart which made canola less attractive to foreign buyers. Ideas […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, January 13 The Canadian dollar strengthened against its US counterpart on Wednesday, gathering support from gains in crude oil futures. At 8:35 a.m. CST the Canadian dollar was at US$0.7027 or C$1.4231 which compares with Tuesday’s North American close of US$0.7014, or C$1.4257. New York Mercantile crude oil futures […] Read more