(Dave Bedard photo)

ICE weekly outlook: Canola holds rangebound with bearish StatsCan data

CNS Canada — Canola contracts on the ICE Futures Canada complex stayed mostly rangebound during the week ended Wednesday, even as sharp fluctuations in the Canadian dollar and a bearish Statistics Canada report impacted the market. StatsCan on Wednesday released its final production estimates of the year, projecting canola production in 2017-18 at 21.3 million […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, soy slump on technicals, commodities selloff

Chicago | Reuters — U.S. grain and soy prices fell on Wednesday, pressured by technical selling amid a broad downturn across many commodities as the dollar climbed. Chicago Board of Trade soybean futures eased from an earlier roughly four-month high while wheat futures declined for the third straight session, nearing their contract lows set in […] Read more


(File photo courtesy Canola Council of Canada)

Canola stocks look less tight in StatsCan report

CNS Canada — Canadian farmers grew a record amount of canola in 2017, despite weather concerns, according to updated production estimates on Wednesday from Statistics Canada. The agency pegged production in 2017-18 at 21.3 million tonnes, up from the September estimate of 19.7 million and last year’s total of 19.6 million. The rise in production […] Read more

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Larger crops expected in StatsCan report

CNS Canada — Canada’s canola and wheat production likely ended up larger than earlier expectations, but just how much more remains to be seen, as industry participants await the Statistics Canada production report due out Wednesday. “The finish seemed to be better than what the weather looked like earlier in the year,” said Neil Townsend […] Read more


(Dave Bedard photo)

Trade expecting bigger canola, wheat numbers from StatsCan

Reuters — Canadian farmers harvested the biggest canola crop on record, slightly larger than was expected in September, a Reuters survey of 15 traders and analysts showed ahead of a key government report. Wheat production is also seen higher than earlier expectations, as favourable weather produced big yields. Statistics Canada will release its final crop […] Read more



(Dave Bedard photo)

ICE weekly outlook: Canola futures wait on report

CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. 6. The report is usually […] Read more