The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
Tag Archives canola
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
Seeding rate may help manage flea beetle populations
A recent study investigated the effect of plant density on flea beetle populations in canola crops
Flea beetles have become Public Enemy No. 1 when it comes to canola. Yield losses of 10 per cent are common and it’s estimated the troublesome pest costs growers in North America more than $300 million annually. Results of a study recently conducted in Western Canada could help growers better manage flea beetle populations in […] Read more
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
Record large short position grows in canola
CBOT net short position on soybeans more than doubled
The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE weekly outlook: Virtually no upside for canola
Forthcoming South American soybean harvest a bearish influence
With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg.
Speculative short position hits new record in canola
Soybeans hit largest net short position since March 2020
Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Sask. canola, flax groups vote to merge
SaskCanola and SaskFlax have been sharing offices, admin for about a year
Producer support for the merge of SaskCanola and SaskFlax was "overwhelming," the groups said in a Jan. 10 news release. The organizations held a joint annual general meeting to share results of member feedback before taking the issue to a vote. The vote passed with "widespread approval," the release said.
ICE canola weekly outlook: Possible support uncovered
Chicago soyoil has shown some stability, underpinning canola
The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.
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