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

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 14 – ICE Canada canola contracts were mixed—but mostly lower—at midday Monday, following Chicago Board of Trade soy contracts. But losses were limited by a weaker Canadian dollar. The loonie sat at an 11-and-a-half year low at midday on Monday. “The US markets would normally have […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, December 11 – THE ICE Futures Canada canola market finished higher Friday, riding a groundswell of support from the Canadian dollar. The loonie was half a cent lower relative to its US counterpart which typically makes canola more attractive to out-of-country buyers. Slow-farmer selling […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 11 – ICE Canada canola contracts were mixed at midday Friday as a lower Canadian dollar supported prices, while weakness in Chicago Board of Trade soy contracts added pressure. “Today it’s just the Canadian dollar and soybean oil battling it out,” one Winnipeg-based trader said. But […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 11 – ICE Canada canola contracts were bouncing around both sides of unchanged Friday morning, although the bias was higher in the most active months. Continued weakness in the Canadian dollar provided some underlying support for canola to start the day. The currency was trading just […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, December 10 – THE ICE Futures Canada canola market finished higher Thursday, tracking large gains in US soyoil. US soybeans and other nearby commodities were stronger which helped prop up values. The Canadian dollar was lower relative to its US counterpart which typically makes […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 10 – ICE Canada canola contracts were mostly higher at midday Thursday, as a weaker Canadian dollar and strength in Chicago Board of Trade soy contracts supported prices. Speculator short-covering was also a feature, according to one Winnipeg-based trader. “I think we may still see light […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 10 – ICE Canada canola contracts were posting small losses Thursday morning, with declines in the CBOT soy complex behind some of the early weakness. Malaysian palm oil and European rapeseed futures were also down overnight, with the ongoing weakness in crude oil and resulting global […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, Dec 9 – THE ICE Futures Canada canola market finished lower Wednesday, tracking losses in US soyoil. Malaysian palm oil, European rapeseed futures and crude oil were all lower which undermined the market. The soybean crop in Brazil is improving with recent rain which […] Read more