Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 3 – ICE Canada canola contracts were higher Thursday morning, taking strength from gains in vegetable oil and speculative trade. Malaysian palm oil, CBOT soyoil and European rapeseed futures were both higher which contributed to the gains. Traders are adjusting positions ahead of tomorrow’s production estimates […] Read more
ICE Canola Advances With Veggie Oil and Spec Trade
North American Grain/Oilseed Review: Canola Steady After Choppy Day
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Dec. 2 – ICE Futures Canada canola contracts were narrowly mixed at Wednesday’s close, retreating from earlier gains as the buying interest dried up and traders worked to square positions ahead of Friday’s StatsCan production report. The nearby January contract hit a session high […] Read more
ICE canola contracts ticking higher ahead of StatsCan report
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 2 – ICE Canada canola contracts were higher at midday Wednesday, as the rally in US canola markets stalled, and traders took positions ahead of a Statistics Canada report due at the end of the week. “I imagine canola is going to stay fairly subdued going […] Read more
ICE Canola Initially Corrects Lower, Now Advancing
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, December 2 – ICE Canada canola contracts were slightly higher Tuesday morning, taking strength from widespread gains in the CBOT soy complex. Values initially retreated from yesterday’s highs but then reversed direction and began creeping upwards. US soyoil, Malaysian palm oil and European rapeseed futures were all […] Read more
North American Grain/Oilseed Review – Canola Lifts With US Soy
Reading Time: 2 minutes By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, December 1 – THE ICE Futures Canada canola market posted solid gains Tuesday, lifted in part by a stronger US soy complex. The Canadian dollar was weaker relative to its US counterpart, which made canola more attractive to out-of-country buyers. The Argentine government did […] Read more
ICE canola choppy and rangebound at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, December 1 – ICE Canada canola contracts were higher at midday Tuesday, but overall moving in a back-and-forth motion, as gains in Chicago Board of Trade soybeans and soymeal lent support to most contracts, but losses in soy oil capped gains. Spreading was also a feature at […] Read more
ICE canola strengthens in early trade
Reading Time: < 1 minute By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 1 – ICE Canada canola contracts were stronger Tuesday morning, with supportive chart signals and a softer tone in the Canadian dollar helping underpin the market in early activity. Advances in CBOT soybeans provided some spillover support as well, although soyoil was lower in the US. […] Read more
North American Grain/Oilseed Review: Canola ends up with soyoil
Reading Time: 2 minutes By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, Nov. 30 – ICE Futures Canada canola contracts were stronger on Monday, finding some spillover support from the CBOT soyoil market. Canola had been losing ground to soyoil over the past few weeks, which left the Canadian oilseed due for a corrective bounce, according […] Read more
ICE canola stronger with soyoil at midday
Reading Time: < 1 minute By Jade Markus, Commodity News Service Canada WINNIPEG, November 30 – ICE Canada canola contracts were higher at midday Monday, following soyoil at the Chicago Board of Trade. Canola has been keeping pace with US markets, which is causing futures to firm. Traders say soyoil has been strong for weeks, and Monday is the first […] Read more
ICE Canola Higher With CBOT Soy
Reading Time: < 1 minute By Dave Sims, Commodity News Service Canada WINNIPEG, November 30 – ICE Canada canola contracts were higher Monday morning, tracking gains in the CBOT soy complex. European rapeseed futures were higher which was supportive for canola. India is reportedly facing widespread drought conditions. If the situation holds to form it would be the first time […] Read more