Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 7 – ICE Canada canola contracts were mostly lower at midday Thursday, pressured by firmness in the Canadian dollar. “The Canadian dollar is finally showing a little bit of life and it’s finally putting a little bit of pressure on canola,” said one Winnipeg-based trader. He […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 7 – ICE Canada canola contracts were down Thursday morning, as losses in most outside financial and commodity markets spilled over to weigh on prices. Renewed Chinese economic concerns sparked a selloff in the equity and energy markets, which spilled into the agricultural commodities as well. […] Read more

Reading Time: 2 minutes By Dave Sims and Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, January 6 – The ICE Futures Canada canola market chopped around both sides of unchanged for much of the day before finishing higher Wednesday, drawing strength from the Canadian currency. Good exports, slow farmer selling and steady buying from funds underpinned the market. Strength […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 6 – ICE Canada canola contracts were mixed at midday Wednesday, bouncing around with losses in Chicago Board of Trade soy oil and weakness in the Canadian dollar. Canola contracts were low volume at midday on Wednesday, with quiet trading and limited spread activity. “The market […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 6 – ICE Canada canola contracts were holding onto small gains in most months Wednesday morning, although conflicting outside factors kept the Canadian oilseed within a narrow range. On the one side, CBOT soyoil futures were down early Wednesday, which put some spillover selling pressure on […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Winnipeg, Jan. 5 – ICE Futures Canada canola contracts were stronger on Tuesday, seeing a modest corrective bounce off of nearby support. Chart based speculative buying was a feature, as support held to the downside and traders bought back some previously sold positions, according to participants. Solid exporter and […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 5 – ICE Canada canola contracts were mixed, but mostly higher, at midday Tuesday, as losses in Chicago Board of Trade soy oil limited gains. Canola was moving quietly at midday on Tuesday, as softness in CBOT soy oil kept a lid on prices, despite gains […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 5 – ICE Canada canola contracts were higher Tuesday morning, seeing a modest correction after Monday’s declines. The most active March contract touched psychological support at C$480 per tonne during Monday’s session, but managed to settle above that point; which helped bring in some more speculative […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin, Commodity News Service Winnipeg, Jan. 4 – ICE Futures Canada canola contracts were weaker on Monday, as sharp losses in Chinese equities triggered a sell-off in many other markets. The resulting losses in CBOT soybeans and soyoil contributed to spillover selling pressure in canola, according to participants. The large supply situation in […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, January 4 – ICE Canada canola contracts were weaker at midday Monday, following weakness in Chicago Board of Trade soyoil, and the Chinese stock market. Chinese stocks fell seven per cent in early activity on Monday, which in turn pressured some CBOT contracts and Canadian canola, as […] Read more