Insights and Stories on Canola

Dec. 10, 2014 at 8:14 pm CST

Quebec has amended its rules on sales of vegetable oil-based dairy products, but is still appealing the ruling that led to the amendments, the Saskatchewan government reports. Amendments to Quebec’s Food Products Act last week have loosened laws that have effectively banned sales in Quebec of edible oil dairy substitutes, […]

By Staff

Dec. 10, 2014 at 5:11 pm CST

CNS Canada — ICE Futures Canada canola contracts posted solid gains during the week ended Wednesday, despite the release of a relatively bearish Statistics Canada production report during the period. StatsCan pegged the country’s 2014-15 canola crop at 15.5 million tonnes — about 1.5 million tonnes above earlier guesses and […]

By Phil Franz-Warkentin

Dec. 3, 2014 at 6:36 pm CST

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, as bearish technical signals, declines in the outside crude oil market and losses in CBOT soybeans weighed on values. While a short-covering correction is possible in the near-term, the longer-term direction will continue to be […]

By Phil Franz-Warkentin

Nov. 27, 2014 at 5:37 pm CST

CNS Canada –– Prairie farmers are reluctant to sell into canola cash markets, in turn supporting basis levels recently as buyers have to work to entice farmer selling. “I think farmers are patient; they are not selling this market when you see minor dips,” said Jerry Klassen, manager for Swiss-based […]

By Terryn Shiells

Nov. 26, 2014 at 5:50 pm CST

CNS Canada — Canola futures were holding relatively steady during the week ended Wednesday, and are expected to continue in a rangebound pattern this winter. The March future is likely to find major resistance at the $440 per tonne level over the next month or so, said Jerry Klassen, manager […]

By Terryn Shiells