Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Jan. 12 – ICE Futures Canada canola contracts posted solid gains at Tuesday’s close, as a rally in CBOT soybeans spilled over to provide support. After trading to both sides of unchanged in early activity, canola eventually turned higher following the release of a […] Read more
North American Grain/Oilseed Review: Futures jump higher post USDA
Canola mostly lower ahead of USDA reports
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 12 – ICE Canada canola contracts were mostly lower at midday Tuesday as the market positioned ahead of a bundle of reports due out from the United States Department of Agriculture at 11:00 a.m. CST. The United States Department of Agriculture (USDA) is set to release […] Read more
ICE Canola Up Slightly Ahead Of USDA
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 12 – ICE Canada canola contracts were holding onto small gains in most months Tuesday morning in quiet and choppy activity. Many participants were keeping to the sidelines ahead of a slew of USDA reports set to be released later in the day. The USDA will […] Read more
North American Grain/Oilseed Review: Futures down ahead of USDA reports
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Jan. 11 – ICE Futures Canada canola contracts were down on Monday, as losses in many outside vegetable oil markets – including CBOT soyoil and Malaysian palm oil – spilled over to weigh on prices. Economic concerns out of China were at the forefront […] Read more
Canola mostly lower with soy oil, low-volume ahead of USDA reports
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 11 – ICE Canada canola contracts were mostly lower at midday Monday, following Chicago Board of Trade soy oil in thin-volume trading. The United States Department of Agriculture (USDA) is set to release a bundle of reports on Tuesday, including world agricultural production. “I think everybody […] Read more
ICE Canola Lower In Light Trade Ahead Of USDA Report
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, January 11 – ICE Canada canola contracts were lower in light and fractured trade Monday morning, with action in the Canadian currency weighing down prices. The Canadian dollar was up approximately a third of a cent relative to its US counterpart which made canola less attractive to […] Read more
North American Grain/Oilseeds Review – Canola Rebounds With Stronger Nearby Markets
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, January 8 – The ICE Futures Canada canola market corrected higher Friday, just one day after suffering steep losses. Global financial markets were much steadier in the wake of yesterday’s crash which underpinned the market. Gains in the US soy complex also supported canola […] Read more
Canola mostly stronger at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 8 – ICE Canada canola contracts were mostly higher at midday Friday, gaining back ground after sharp losses on Thursday. “I guess after that big downward move yesterday people are somewhat shell-shocked,” said one trader. He added that there aren’t many factors to push canola to […] Read more
ICE canola corrects higher
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 8 – ICE Canada canola contracts were posting small gains Friday morning, seeing a modest correction amid ideas that Thursday’s sharp losses were overdone. The most active March contract dropped below the psychological C$480 per tonne mark on Thursday, but was back just above that point […] Read more
US Grains/Oilseed Review – Canola Drops Amid Global Economic Turmoil
Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, January 7 – The ICE Futures Canada canola market dropped sharply Thursday on speculator selling, a trader said. Investors began bailing out of positions after the front-month contract fell below a key support point amid a sea of bearish global economic news. Around 11:10 […] Read more