Canola holds; soybeans up

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts settled near unchanged in the most active months on Monday, retreating from earlier gains as the market ran into technical resistance. Gains in Chicago Board of Trade soybeans provided support for most of the session, but soyoil futures were softer on the day. Forecasts calling for […] Read more

Canola lower at front, higher in deferred positions

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts settled mixed on Friday, with losses in the front months and gains in the more deferred positions as the old/new crop spreads narrowed in ahead of the weekend. Good seeding weather across the Prairies and spillover selling from a downturn in Chicago Board of Trade soybeans […] Read more

Soy weighs down canola prices

  Winnipeg, May 1 (CNS Canada) – ICE Futures Canada canola contracts settled mostly lower on Tuesday, as weakness in Chicago Board of Trade soyoil weighed on prices. While gains in CBOT soybeans and a weaker tone in the Canadian dollar provided support earlier in the day, canola was eventually pressured lower by the new […] Read more


Canola mixed, soy lower

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts settled mixed on Monday, with losses in the front months and gains in the more deferred positions. Supportive chart signals and a lack of significant farmer selling helped underpin canola throughout the session. Good weather across the Prairies was said to be limiting hedge pressure, as […] Read more

Canola mixed; soybeans down

  Winnipeg (CNS Canada) – ICE Futures Canada canola contracts bounced off their session lows in the final minutes of trade to settle narrowly mixed as the market consolidated ahead of the weekend. After posting sharp gains on Thursday, canola was looking a bit overdone to the upside, and was lower in sympathy with Chicago […] Read more


Canola climbs; soybeans down

  Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were up sharply on Thursday, as speculative short-covering, solid end user demand, and weakness in the Canadian dollar all provided support. A looming strike at Canadian Pacific Rail provided the catalyst for the speculative short-covering that drove canola higher, according to a broker. He said […] Read more

Canola mixed at closing bell

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at Tuesday’s close, as support from gains in Chicago Board of Trade soybeans was countered by the bearish influence of the firmer Canadian dollar. Supportive technical signals contributed early gains, as recent losses were starting to look a bit overdone. The possibility of […] Read more

Canola weaker, along with soy

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, taking some direction from declines in the Chicago Board of Trade soy complex. Continued strength in the Canadian dollar contributed to the weaker tone, as the rising currency cuts into crush margins. However, lingering winter conditions across much of Western Canada provided […] Read more


Canola rises as temps drop

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were stronger on Friday, boosted by Prairie weather concerns and speculative buying. Lingering winter conditions across much of Western Canada have some analysts reconsidering acreage projections for the spring, with a later seeding start possibly shifting some intended canola acres into other crops, according to participants. […] Read more

Soybeans correct higher, canola mixed

Winnipeg, (CNS Canada) – ICE Futures Canada canola contracts were mixed on Thursday, with gains in the nearby old-crop months and losses in the more deferred positions. Advances in Chicago Board of Trade soybeans provided support, although activity was choppy in canola as the Canadian oilseed ran into resistance after already moving higher on Wednesday […] Read more