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Tag Archives canola prices


PHOTO Thinkstock
Canola, Markets, Soybeans

ICE Canada Weekly: Uncertainty weighs on canola

By Glen Hallick - MarketsFarm November 27, 2024
As the Canadian canola industry remained braced for whatever may come from China in regard to tariffs, a sharp blow to the oilseed arose from a much different source. United States President-elect Donald Trump threatened Canada and Mexico with 25 per cent tariffs on their goods imported by the U.S. effective Jan. 20, the day he’s sworn in.

PHOTO Thinkstock
Markets, Reuters

Australia, EU canola prices rally as adverse weather crushes supply

Canadian prices will have to rise to ration demand, analyst says

By Ed White, Peter Hobson, Reuters, Sybille De La Hamaide November 26, 2024
Canola oilseed prices in Australia and Europe have risen by around 20 per cent since the start of March due to tight supply and a rally in vegetable oil markets, with further gains expected as buyers remain reluctant to switch to cheaper soybeans.


 Photo: supplied/minister’s office.
Canola, Crops, Markets, News

Canadian agriculture minister visits China

MacAulay in China week of Nov. 11

By Glen Hallick - MarketsFarm November 19, 2024
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.

Photo: iStock/Getty Images
Canola, Markets, News, Soybeans

ICE Canada Weekly: Sideways trading likely until Trump sworn in

Uncertainty over policies of president-elect

By Glen Hallick - MarketsFarm November 13, 2024
As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.


From AIM: How many flowers in a canola field?
Canola, Markets

ICE Weekly: Malaysian palm oil supports canola prices

By Adam Peleshaty October 30, 2024
Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.

PHOTO Thinkstock
Canola, Crops, Markets, Soybeans

ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing

January contracts climbs $36/tonne

By Glen Hallick - MarketsFarm October 23, 2024
Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.


Photo: Greg Berg
Canola, Markets

ICE canola weekly outlook: Weak soybeans a “problem”

By Phil Franz-Warkentin October 16, 2024
The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.

PHOTO Thinkstock
Markets

ICE Weekly: Canola downturn could last longer

By Adam Peleshaty July 31, 2024
The Intercontinental Exchange (ICE) Futures canola market tried to salvage what it can at the end of July after a sharp downturn in prices over the past week.


Photo: Thinkstock
Markets

ICE Canada Weekly: Canola likely to fall back

By Glen Hallick - MarketsFarm July 10, 2024
The Canadian oilseed began to pull back on July 8 as it became caught up in a selloff in the global oilseed market. The November contract finished at C$658.20 per tonne on July 5, gaining more than C$31 on the week. However, by the close on July 10, that contract dropped to C$617.90.

Photo: iStock
Markets

ICE Canada weekly: Interest rate cuts to have positive or negative effect on canola

May 29, 2024
With the growing likelihood of an interest rate cut by the Bank of Canada, spillover from the move could prove to be beneficial for canola prices, according to Calgary-based Errol Anderson of Errol’s Commodity Wire.


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