Insights and Stories on Canola

Feb. 13, 2014 at 5:42 pm CST

CNS Canada — Canola contracts on the ICE Futures Canada trading platform posted record daily trade volumes on Thursday, with large amounts of inter-month spreading behind much of the activity. There were 71,536 canola contracts traded on the Winnipeg-based electronic market on Thursday, according to preliminary trade data. That compares […]

Feb. 12, 2014 at 5:15 pm CST

CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in over three and a half years during the week ended Wednesday, as speculative selling was met with only scale-down end-user pricing. While canola is oversold and due for a correction, further losses are still likely. “Speculators […]

By Phil Franz-Warkentin

Feb. 7, 2014 at 9:35 am CST

Sydney | Reuters — Two neighbouring farmers, a field of canola and a gust of wind are at the centre of a landmark court case in Australia that could have consequences for the controversial growing of genetically modified (GM) crops in the country. Steve Marsh is suing former childhood friend […]

By Colin Packham, Jane Wardell

Feb. 5, 2014 at 5:42 pm CST

CNS Canada — Canola futures on the ICE Futures Canada trading platform moved higher, following along with the Chicago soybean and soyoil markets during the week ended Wednesday. Sentiment that the canola market was oversold, weakness in the Canadian dollar, and ideas that canola is undervalued compared to other oilseeds […]

By Terryn Shiells

Jan. 28, 2014 at 7:13 pm CST

Updated, Jan. 29 — CNS Canada — Basis levels for canola in some regions of Western Canada have seen slight improvements lately, but they’re still “extremely wide” historically, according to a grain marketing specialist. “In this area I would say basis levels have widened from early September, probably by $60 […]

By Terryn Shiells