Canola Archives - Page 129 of 323

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola futures at two-year highs

By Phil Franz-Warkentin, GFM Network News September 16, 2020

MarketsFarm — ICE Futures canola contracts climbed to their strongest levels in two years during the week ended Wednesday, but could be nearing their highs for the time being as harvest pressure should start weighing on values. “We’re running into the top end on the monthly and weekly charts,” said Jamie Wilton, senior commodity futures […] Read more

Canola, Crops, Markets

Fund long position in canola hits new record

By Phil Franz-Warkentin, GFM Network News September 15, 2020

MarketsFarm — Fund traders added to their sizeable long positions in canola during the week ended Tuesday (Sept. 8), hitting the largest net long position in the two years of available data. The latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC) showed managed money fund traders were holding […] Read more

(Photo: Alexandrum79/iStock/Getty Images)

Crops, Markets

Statistics Canada trims wheat production estimate

Lentil crop estimate up from August

By MarketsFarm Team, GFM Network News September 15, 2020

MarketsFarm — Canadian farmers grew less wheat in 2020-21 than earlier thought, according to updated production estimates Statistics Canada released Monday. However, the country’s wheat crop would still be the second-largest on record and well above the five-year average. Using yield models based on satellite imagery, total wheat production in the country for 2020-21 is […] Read more

Canola, Crops, Markets, Weather

ICE weekly outlook: Canola shows volatility after long weekend

By GFM Network News September 9, 2020

MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell off of the combine or shortly after, probably have done so already,” said Jerry Klassen, an independent Winnipeg commodities trader. There will still be some […] Read more

Canola, Crops, Markets

Fund traders add to net long in canola, soybeans

By Phil Franz-Warkentin, GFM Network News September 9, 2020

MarketsFarm — Fund traders remain bullish on soybeans and canola, adding to their net long positions in the two oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 37,682 contracts as […] Read more

Crops, Markets

StatsCan stocks report shows lower lentils, durum, canola

Lentil supply picture 'extremely tight'

By GFM Network News September 4, 2020

MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down by 91.5 per cent from last year. Exports were up by over 30 per cent year-over-year, which accounted for some of the decrease. “It’s an […] Read more

Canola, Crops, Markets

ICE weekly outlook: Rising canola market watches harvest

By Phil Franz-Warkentin, GFM Network News September 3, 2020

MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as harvest picks up over the next month. “Canola could go a little higher, but we’re probably pushing upper ranges for now until we have more […] Read more

Crops, Markets

Wheat crop to be second-largest on record, StatsCan predicts

Canola estimate at lower end of trade predictions

By Phil Franz-Warkentin, GFM Network News August 31, 2020

MarketsFarm — Canada’s farmers will have grown their second-largest wheat crop on record in 2020, according to the first production estimates of the year from Statistics Canada, as released Monday. The government agency pegged total wheat production in the country for 2020-21 at 35.74 million tonnes, up 10.5 per cent on the year and second […] Read more

Artist’s rendering of the Merit Functional Foods plant under construction in Winnipeg. (Merit Foods graphic)

Canola, Crops, Peas

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

By Dave Bedard, GFM Network News August 28, 2020

One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” worth 25 per cent. Burcon […] Read more

Canola, Crops, Markets

ICE weekly outlook: How long can canola rally last?

By GFM Network News August 27, 2020

MarketsFarm — Canola on ICE Futures has continued to push higher over the last week largely due to the growing strength in soyoil on the Chicago Board of Trade. “We got soyoil at a seven-month high and that’s certainly a supportive factor in continuing to underpin our market,” said Keith Ferley, a trader with RBC […] Read more

Daily Network News

Canadian drought conditions improve in March

PMRA renamed as Pesticides Regulatory Directorate

U.S. deputy farm secretary to meet with Mosaic amid high fertilizer prices

Canola

ICE weekly outlook: Canola futures at two-year highs

Fund long position in canola hits new record

Statistics Canada trims wheat production estimate

ICE weekly outlook: Canola shows volatility after long weekend

Fund traders add to net long in canola, soybeans

StatsCan stocks report shows lower lentils, durum, canola

ICE weekly outlook: Rising canola market watches harvest

Wheat crop to be second-largest on record, StatsCan predicts

Bunge buys into canola, pea protein maker Merit

ICE weekly outlook: How long can canola rally last?

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

Latest Market News