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Canada Canola

Canadian canola futures rise

April 13, 2013 ICE Canadian canola futures rose on Thursday for a fifth straight day, following nearby soyabeans higher on concerns about tight US soyabean ending stocks. Inter-month spreading was heavy, with no solid direction for outright trade - traders. Weak margins have held crusher buying in check, while tight supplies have made traders hesitant to sell. Benchmark May canola ended higher than its closely watched 50-day moving average, keeping funds on the sidelines - trader.…

ICE canola reaches 11-day high on soy strength, export sales

Tuesday, 23 October 2012 By Abdul Ahad WINNIPEG: ICE Canada canola futures climbed to an 11-day high on Monday, lifted by strength in soybeans and execution of export sales, traders said. * Weaker Canadian dollar also supported. * Commercial hedges pared gains in late trading as high prices encouraged farmer selling to cash market. * Crush margins, a measure of profitability for seed processors, improved week over week as of Thursday, but remain low compared to a month and…

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