ICE canola ticks higher with soy and currency issues

By Dave Sims, Commodity News Service Canada WINNIPEG, July 17 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Tuesday, taking strength from gains in the U.S. soy complex and weakness in the Canadian dollar. Recent hot weather has dried out some regions of the Western Prairies, which was supportive […] Read more

Global Markets: Japan signs deal with EU

By Dave Sims, Commodity News Service Canada WINNIPEG, July 17 (CNS) – Japan and the European Union have signed a trade deal that will remove tariffs between the two groups on virtually all products. Items like drugs, purses, fish, pork and wine are just some of the products covered. Rice is one exception though as […] Read more

ICE canola holding onto small gains early

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 17 (CNS Canada) – ICE Futures canola contracts were holding onto small gains Tuesday morning, as chart-based buying helped the market continue to correct off of the nearby lows hit last week. Gains in Chicago Board of trade soybeans and early weakness in the Canadian dollar […] Read more


Canadian Financial Close: TSX dips as oil prices weaken

By Commodity News Service Canada WINNIPEG, July 16 (CNS) – The Canadian dollar climbed higher against its U.S. counterpart on Monday. The loonie was boosted by speculative buying in the wake of last week’s interest rate hike. Gains in natural gas were offset by losses in crude oil and gold issues. The loonie finished at […] Read more

North American Grains/Oilseed Review – Canola climbs with soy, hot weather

By Dave Sims, Commodity News Service Canada Winnipeg, July 16 (CNS Canada) – 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. […] Read more


ICE canola firms with soybeans

By Dave Sims, Commodity News Service Canada WINNIPEG, July 16 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly stronger at midday Monday, tracking gains in U.S. soybeans. The market was correcting itself after Friday’s losses. Dryness in parts of the Western Prairies were bullish for the futures. However, speculators have largely […] Read more

Canadian Dollar and Business Outlook

By Commodity News Service Canada Winnipeg, MB, July 16, 2018 (CNS Canada) – The Canadian dollar was stronger against its U.S. counterpart Monday morning. The loonie took strength from recent gains in crude oil and the different in U.S./Canada interest rates. At 9:30 CDT Monday morning the Canadian dollar was at US$0.7616 or C$1.3129, which […] Read more

Global Markets: Markets watching Helsinki meeting

By Dave Sims, Commodity News Service Canada WINNIPEG, July 16 (CNS) – Investors around the world are closely watching talks this week between U.S. President Donald Trump and Russian President Vladimir Putin. The two leaders are meeting in Helsinki where the issues of trade are expected to be front and center. What’s unclear is whether […] Read more


Global Markets: Markets watching Helsinki meeting

By Dave Sims, Commodity News Service Canada WINNIPEG, July 16 (CNS) – Investors around the world are closely watching talks this week between U.S. President Donald Trump and Russian President Vladimir Putin. The two leaders are meeting in Helsinki where the issues of trade are expected to be front and center. What’s unclear is whether […] Read more

ICE canola corrects higher early Monday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 16 (CNS Canada) – ICE Futures canola contracts traded to both sides of unchanged overnight, although the bias was turning higher Monday morning as the oversold market recovered off of the 10-month lows hit last week. Early gains in Chicago Board of Trade soybeans provided additional […] Read more