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ice futures canada

ICE weekly outlook: Canola along for ride with soybeans

CNS Canada — While springtime canola supplies look favourable for prices, bearish oilseed situations elsewhere leave ICE Futures Canada prices straddled with downside, especially ahead of a key production report. “The supply and demand fundamentals on canola are all optimistic, better than they are on most oilseeds,” said Mike Jubinville of ProFarmer Canada. “But let’s […] Read more

Canadian Financial Close: C$ rises with crude prices

By Commodity News Service Canada WINNIPEG, March 29 – The Canadian dollar finished slightly higher against its US counterpart at the close on Wednesday, after crude oil prices jumped 2%. A report from TD Securities says inflation will likely be a key driver for the loonie in the coming months. The Canadian dollar closed at […] Read more

Pulses: New chickpea variety raises hope in Nebraska

By Dave Sims, Commodity News Service Canada Winnipeg, March 29 – Prices for kabuli chickpeas (10 mm) in Western Canada continue to hold steady at 50-51 cents per pound, according to information from The Prairie Ag Hotwire. Black beans were also keeping firm at 39.5 cents per pound. Australian exporters are looking to Pakistan for […] Read more

Feed Grains: Russian grain stocks well ahead of year ago

By Commodity News Service Canada WINNIPEG, March 29 (CNS Canada) – Russian grain stocks as of March 1, 2017, of 32 million tonnes are up 14 per cent from the same time the previous year, according to a report from UkrAgroConsult. Wheat and barley stocks were up by 17.5 per cent and 8.8 per cent […] Read more


U.S. livestock: Cash discounts lift live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, with support from short-covering tied to futures’ discounts to preliminary cash prices, said traders. April live cattle closed 0.575 cent/lb. higher at 121.35 cents, and June up 0.25 cent to 111.85 cents (all figures US$). Market-ready, or cash, cattle at Wednesday […] Read more

North American grain/oilseed review: Canola ends lower on Wednesday

By Jade Markus and Dave Sims, Commodity News Service Canada Winnipeg, March 29 (CNS Canada) – ICE Futures Canada canola closed weaker in tight-range trade on Wednesday. Losses in the Chicago Board of Trade soybean market kept canola under pressure throughout the day. US oilseeds are faced with a number of bearish factors, high stocks, […] Read more

ICE canola drops

By Jade Markus, Commodity News Service Canada WINNIPEG, March 29 – ICE Canada canola contracts were weaker in low-volume trade on Wednesday. The active front contracts declined with pressure from outside oilseed markets. Chicago Board of Trade soy oil was also weaker by midday on Wednesday. The US oilseed complex is saddled with a bearish […] Read more

ICE Canola Correcting Lower

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 29 (CNS Canada) – ICE Canada canola contracts were posting small losses in most months Wednesday morning, as the market saw some consolidation after rallying the previous two sessions. While oversold price sentiment triggered fund buying in recent days, the longer-term chart signals remain pointed lower […] Read more