Canola falls in tandem with soybeans

Canola contracts on the ICE Futures platform ended weaker Tuesday, following losses in Chicago Board of Trade soybeans. Temperatures across Western Canada have dropped over the past few days, giving the crop a break from last week’s heat wave. Funds remain short in the market as most analysts expect the oilseed harvest throughout North America […] Read more

Dryness in west, higher soyoil prices boost canola

Winnipeg – Canola contracts on the ICE Futures Canada finished higher on Wednesday, taking strength from advances in soyoil and dryness problems in Western Canada. Gains in U.S. soybeans and recent weakness in the Canadian dollar also pointed the way higher. Some funds were out looking for bargains, according to an analyst in Winnipeg. Spread […] Read more

Hot weather, Chinese interest pushes canola higher

Winnipeg – Canola contracts on the ICE Futures Canada platform posted modest gains to start the week, following advances in U.S. soybeans. Hot weather across Western Canada continues to stress dry regions in Saskatchewan and Alberta. Technical buying was a feature of the day. There are ideas China is more interested in canola than normal, […] Read more


Canola, soybeans end the week higher

Winnipeg – Canola contracts on the ICE Futures Canada platform finished higher on Friday, taking strength from solid gains in soybeans and soyoil. Traders were squaring positions before the weekend. Much of Western Canada is expecting hot temperatures over the weekend and early into next week, which should stress some areas of Saskatchewan and Alberta. […] Read more

Canola to face pressure from U.S. soybeans flowing into Canada

WINNIPEG – As Friday’s deadline nears for Chinese tariffs to be imposed on imports of U.S. soybeans, so too does the idea that eastern crushers could soon be bringing those unwanted beans into Canada. “Soybeans have become so cheap we’re going to find them leaking across the border, especially into Ontario,” said Mike Jubinville of […] Read more


Projection of lower corn, soy stockpiles helps canola

Winnipeg (CNS Canada) – The ICE Futures Canada canola market finished slightly higher Tuesday, following the release of the USDA’s supply and demand estimates. The USDA projected lower stockpiles of U.S. corn and soybeans, which was supportive for canola. Recent weakness in the Canadian dollar helped prop up canola as it made the commodity more […] Read more

Soybean prices drag canola down

Winnipeg (CNS Canada) – The ICE Futures Canada canola market ended lower on Friday, once again weighed down by losses in the U.S. soy complex. It was the fourth consecutive session that canola futures finished the day lower. Modest strength in the Canadian dollar was bearish for canola and the technical bias was pointed lower. […] Read more

Canola, soybeans finish lower

Winnipeg (CNS Canada) – Canola contracts on the ICE Futures Canada platform recorded losses Thursday, following a downturn in soybeans on the Chicago Board of Trade. Losses in vegetable oil markets also weighed on the canola. The ongoing trade saga between the United States and China cast uncertainty in the market, which spooked some investors. […] Read more


Canola down slightly in light trading

  Winnipeg (CNS Canada) – Canola contracts on the ICE Futures Canada platform finished slightly weaker Wednesday in technical trading. Losses in Chicago Board of Trade soyoil and soybeans were bearish for prices. “Also, large funds have been in liquidation mode,” said a trader in Winnipeg. “I think we have the funds under 10,000 contracts […] Read more

Higher demand, weaker dollar boosts canola

Winnipeg – Canola contracts on the ICE Futures Canada platform finished higher on Thursday, due to strong demand and weakness in the Canadian dollar. The Canadian dollar was roughly a third of a cent lower, relative to its American counterpart, which made canola more attractive to international buyers. Advances in Malaysian palm oil and European […] Read more