Latest articles

North American Grain/Oilseed Review: Canola climbs with soyoil

By Phil Franz-Warkentin and Jade Markus, Commodity News Service Canada Winnipeg, June 27 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Tuesday, as gains in Chicago Board of Trade soyoil and speculative short-covering provided support. Declining US crop ratings and expectations for an increase in the biofuel mandate from the US Environmental […] Read more

ICE Canola Strengthens With Soy Complex

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 27 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Tuesday, as gains in Chicago Board of Trade soybeans and soyoil provided spillover support. Speculators covering some of their large short positions were said to be behind some of the buying interest. Longer […] Read more


ICE Canola Corrects Higher

By Dave Sims, Commodity News Service Canada WINNIPEG, June 27 – Canola contracts on the ICE Futures Canada platform were stronger Tuesday morning as the market corrected itself in the wake of recent losses. Gains in the US soy complex were supportive for canola while tightness in Canadian canola stocks underpinned prices. Excess moisture in […] Read more

North American Grain/Oilseed Review: Canola down, but beans up

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 26 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Monday, as bearish chart signals weighed on values. Strength in the Canadian dollar and losses in Chicago Board of Trade soyoil contributed to the softer tone in canola, according to participants. Relatively favourable North […] Read more


ICE canola weaker at midday Monday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 26 (CNS Canada) – ICE Futures Canada canola contracts were weaker at midday Monday, as speculative selling kept the market under pressure to start the week. In addition to the bearish chart signals, canola was also pressured by strength in the Canadian dollar and losses in […] Read more

ICE Canola Lower with US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, June 26 – Canola contracts on the ICE Futures Canada platform were lower Monday morning due to strength in the Canadian currency. The Canadian dollar was about a quarter of a cent higher relative to its US counterpart, which made canola less attractive to international buyers. Weakness […] Read more


ICE Canola Lower with US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, June 26 – Canola contracts on the ICE Futures Canada platform were lower Monday morning due to strength in the Canadian currency. The Canadian dollar was about a quarter of a cent higher relative to its US counterpart, which made canola less attractive to international buyers. Weakness […] Read more

North American Grain/Oilseed Review: Canola higher ahead of the weekend

By Phil Franz-Warkentin and Dave Sims, Commodity News Service Canada Winnipeg, June 23 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Friday, as the market corrected off of nearby lows ahead of the weekend. Intermonth spreading was a feature of the activity, with largest gains in the nearby July contract as participants […] Read more


CWRS wheat bids rising with U.S. weather concerns

A stronger loonie during the week accounted for a decline in basis levels

Hard red spring wheat bids in Western Canada continued to rise with U.S. futures during the week ended June 16, as hot and dry conditions in the major wheat-growing regions of the Dakotas and Montana floated all boats. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by $7-$10 per […] Read more


Strengthening loonie beats strengthening vegetable oil

Rain on the Prairies is also bearish on canola futures

It was a volatile time for the ICE Futures Canada canola market during the week ended June 16 as the weight of the rising Canadian currency offset gains in 
vegetable oil. The most active November canola contract lost $6.70 to fall to $488.20 by Friday’s close. The nearby July contract lost just 50 cents as […] Read more