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.
Tag Archives 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.
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.
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.
Researchers to put numbers to verticillium yield loss
The team behind blackleg and clubroot yield loss models tackles the newer canola disease
Glacier FarmMedia — Canola industry leaders have been worried about verticillium stripe and its impact on crop yields for several years. Reports out of Europe suggest the fungal disease could cause losses of 10 to 50 per cent on oilseed rape. However, extreme losses are usually confined to a small number of fields in England […] Read more
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
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.
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