Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 8 – ICE Canada canola contracts were higher at midday Tuesday with strong crush margins and a weaker Canadian dollar. “The crush margins are fantastic from a relative and historical point of view,” said one Winnipeg-based trader. ICE crush margins against the January 2016 contract sat […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 8 – ICE Canada canola contracts were holding onto small gains Tuesday morning, as sharp weakness in the Canadian dollar provided support. The Canadian currency was down another half of a cent relative to its US counterpart Tuesday morning, hitting fresh 11-year lows below 74 US […] Read more

Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, December 7 – THE ICE Futures Canada canola market suffered losses Monday, partially caused by a weaker US soy complex but also feeling the pinch of bearish macro-economic factors. Markets across North America were under widespread pressure today. The key support level of C$470 […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 7 – ICE Canada canola contracts were mostly lower at midday Monday, tracking Chicago Board of Trade soy products. Despite a weaker Canadian dollar, canola stuck to following CBOT markets lower at midday on Monday. Canola remains moderately cheap relative to the US markets, according to […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 7 – ICE Canada canola contracts were mostly lower Monday morning, as large supplies countered the influence of the weaker Canadian dollar. Traders were still contemplating Friday’s surprising Statistics Canada production report, which pegged the country’s canola crop at 17.2 million tonnes. That was well above […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Dec. 4 – ICE Futures Canada canola contracts were mixed on Friday, as a rally in CBOT soyoil was enough to counter a surprisingly bearish Statistics Canada production report. In a report out this morning StatsCan pegged this year’s Canadian canola crop at 17.2 […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 4 – ICE Canada canola contracts were mostly lower at midday Friday, due to a bearish report from Statistics Canada. A report released by StatsCan early Friday morning pegged canola production at 17.2 million tonnes. Analyst estimates collected by CNS Canada were between 14.5 to 16.2 […] Read more

Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 4 – ICE Canada canola contracts were trending lower Friday morning, after a report by Statistics Canada greatly exceeded production estimates for Canadian canola. Heading into the report most traders pegged the 2015/16 canola crop between 14.5 to 16.2 million tonnes. However, this morning’s report by […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Winnipeg, Dec. 3 – ICE Futures Canada canola contracts were stronger on Thursday, as speculative short-covering gave the market a boost. Fund traders were noted buyers, covering some of their net short positions as they squared positions ahead of Friday’s Statistics Canada production report, according to […] Read more

Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 3 – ICE Canada canola contracts were higher at midday Thursday, buoyed by weakness in the Canadian dollar and investor short covering. The loonie lost ground to its US counterpart after an early morning rally. The US dollar was weaker against many other international currencies, which […] Read more