Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Dec. 17 – ICE Futures Canada canola contracts moved lower at Thursday’s close, as a late attempt at a correction higher ran out of steam before the final bell. Canola spent most of the session posting losses, as declines in CBOT soyoil spilled over […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 17 – ICE Canada canola contracts were weaker at midday Thursday, following Chicago Board of Trade soy contracts, while volumes remain light ahead of the holidays. “We’re waiting for Christmas, or something to happen. The US is sold off—canola is sitting at the same level,” said […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 17 – ICE Canada canola contracts were lower Thursday morning, once again following losses in the CBOT soy complex. European rapeseed futures and Malaysian palm oil were both lower which also weighed down canola. Crop conditions in South America are relatively favourable right now although a […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Dec. 16 – ICE Futures Canada canola contracts moved lower on Wednesday, as losses in CBOT soybeans and soyoil spilled over to weigh on the Canadian oilseed. The potential for increased soybean exports out of Argentina, losses in crude oil, a lack reforms to tax […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 16 – Canola contracts on the ICE Futures Canada platform were down at midday Wednesday, as losses in the CBOT soy complex weighed on values. Soyoil was down by over half a cent per pound, as that market continues to back away from its nearby highs. […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 16 – ICE Canada canola contracts were lower Wednesday morning, following losses in CBOT soyoil. Malaysian palm oil, European rapeseed futures and US soybeans were also lower which weighed on the market. Traders are preparing for an expected hike to US interest rates. The US Fed […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Dec. 15 – ICE Futures Canada canola contracts moved lower on Tuesday, backing away from nearby chart resistance as losses in the CBOT soy complex spilled over to weigh on prices. With no real fresh fundamental news for canola, chart based selling was a […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 15 – ICE Canada canola contracts were mixed, but mostly lower, at midday Tuesday, weighed down by weakness in Chicago Board of Trade soy contracts and Malaysian palm oil. Canola contracts weren’t seeing any aggressive selling at midday, so weakness in other markets quietly dragged canola […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 15 – ICE Canada canola contracts were lower Tuesday morning, tracking losses in the CBOT soy complex. European rapeseed futures and Malaysian palm oil were both lower which also weighed down canola. Traders are adjusting positions ahead of Wednesday’s expected interest rate hike in the US. […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Dec. 14 – ICE Futures Canada canola contracts held onto small gains at Monday’s close, after trading to both sides of unchanged in choppy activity. Continued weakness in the Canadian dollar, together with a slightly firmer tone in CBOT soybeans contributed to the eventual […] Read more