Canola, soy trend in different directions

Winnipeg – ICE Futures Canada canola contracts were stronger on Tuesday, largely ignoring a downturn in the Chicago Board of Trade soy complex. The losses in soybeans were tied to renewed concerns over the trade dispute between China and the United States, with any issues between those two countries possibly opening the door for more […] Read more

Canola retreats from gains

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were narrowly mixed at Friday’s close, retreating from earlier gains with losses in the nearby July contract and strength in the new crop months. Positioning ahead of the long weekend was a feature, as Canadian markets will be closed for Victoria Day on Monday while markets […] Read more

Canola higher, Soybeans drop

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were stronger on Thursday, seeing a modest recovery after Wednesday’s declines. Gains in Chicago Board of Trade soyoil provided some spillover support for canola, although soybeans were lower. There were some ideas circulating the market that looming Chinese tariffs on U.S. soybeans were shifting some oilseed […] Read more


Canola strong despite dryness

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, with weakness in the Canadian dollar behind some of the strength. Dryness concerns across much of the Prairies were also supportive. Many areas are in need of moisture, but there is little in the nearby […] Read more

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