ICE March 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Canola futures still well supported

MarketsFarm — The ICE Futures canola market was showing signs of running into resistance to the upside during the week ended Wednesday, as speculators booked profits on some of their large long positions. The general uptrend, however, remains intact despite the minor correction. While bouts of consolidation were not unexpected, “the trends are still upward […] Read more

Dominic Barton. (Video screengrab from McKinsey.com)

Ambassador to China to leave post after helping free detainees

Canola, 5G access, other issues remain

Ottawa | Reuters –– Canada’s ambassador to China said on Monday he would soon leave his post after a two-year assignment where he helped secure the freedom of two Canadian detainees despite icy relations between Beijing and Ottawa. Dominic Barton’s departure, which will take effect Dec. 31, leaves a crucial diplomatic post open at a […] Read more



ICE January 2022 canola (candlesticks) with March 2022 (green line) and November 2022 canola (yellow line, left column). (Barchart)

ICE weekly outlook: Canola market strong but choppy

MarketsFarm — Nearby ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, while= deferred months moved lower. The new-crop November 2022 contract had overshot to the upside and was due for a correction, said Keith Ferley of RBC Dominion Securities in Winnipeg. Any weakness would likely be met by commercial buying, […] Read more



ICE January 2022 canola (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and CBOT January 2022 soyoil (grey line, left column). (Barchart)

ICE weekly outlook: Canola’s trend line still pointed higher

MarketsFarm — The ICE Futures canola market strengthened during the week ended Wednesday, hitting fresh highs in many contract months. “The trend remains up,” analyst Mike Jubinville of MarketsFarm Pro said. “The price of canola needs to be put at a level that discourages exports, while the domestic crushers actively pursue attaining as much of […] Read more


New canola varieties for 2022

New canola varieties for 2022

Fifteen brand new canola hybrids hit the market

Western Canadian producers have 15 new canola hybrids to choose from when they start seeding next year. Six of them include the TruFlex trait, which allows farmers to get more time in the sprayer by widening the window for applying glyphosate. Please note, this list only includes brand new canola offerings for 2022. BASF InVigor […] Read more



Photo: Canstock

Canadian canola oil content well below average

Canada’s hot and dry growing season in 2021 cut into the oil content of the country’s canola crop, with preliminary data pointing to the second-lowest oil content of the past two decades. Preliminary sample data compiled by the Canadian Grain Commission shows average oil content for number one quality canola in 2021/22 at 41.9 per […] Read more