At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.
Canola
ICE Canada Weekly: Look for canola to ease back
Canadian canola crush hit record in 2023: StatCan
Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.
Manitoba crop organizations name new brass
Groups announce new board members and executives for 2024-25
Manitoba’s crop organizations have come out of meeting season with a number of new leaders and directors. The Manitoba Canola Growers Association has elected Warren Ellis of Wawanesa as its president for 2024-25, with Jackie Dudgeon-MacDonald of Darlingford acclaimed as vice-president and Nicolea Dow of Portage la Prairie acclaimed as secretary and named treasurer. “The […] Read more
Canola short position up again in early March
The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
ICE canola showing signs of stabilizing
Expectations for slightly lower canola acres ahead of StatCan report
The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.
Australia wraps up winter wheat/canola harvest
Production beats earlier forecasts, but are still down on the year
Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Alberta crop commissions name leadership
Cereal, canola, pulse organizations welcome new board members
Meeting season on the Prairies brings new leadership to Alberta’s merged wheat and barley commissions, along with new board members for the province’s canola and pulse groups. Alberta Grains on Jan. 31 announced Tara Sawyer, who farms near Acme, as the chair for its inaugural board of directors. Sawyer previously served as Alberta Barley’s chair, […] Read more
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.
Managed money still adding to record large canola short position
Net short position in soybeans increased by about 2,300 contracts
Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).