Insights and Stories on Canola

July canola crush sets new records

Aug. 24, 2023 at 6:36 pm CDT

MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. […]

ICE weekly outlook: Canola following soyoil’s lead

Aug. 23, 2023 at 5:41 pm CDT

By Adam Peleshaty - MarketsFarm

ICE weekly outlook: Canola enters volatile harvest period

Aug. 16, 2023 at 4:05 pm CDT

By Phil Franz-Warkentin

Fund long position holds steady in canola

Aug. 14, 2023 at 2:08 pm CDT

By Phil Franz-Warkentin

Do you know your MRLs?

Aug. 11, 2023 at 9:33 am CDT

By Don Norman

ICE weekly outlook: Canola prices ‘cheap’ but rangebound

Aug. 9, 2023 at 7:00 pm CDT

MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, in choppy activity as traders wait to get a clearer picture on the size of this year’s crop. “Overall, canola is relatively cheap,” said Ken Ball of PI Financial in Winnipeg. He pointed to wide crush […]

By Phil Franz-Warkentin

ICE canola weekly outlook: Prices trending down ahead of harvest

Aug. 2, 2023 at 3:35 pm CDT

MarketsFarm – ICE Futures canola contracts lost ground during the week ended Aug. 2, as spillover from outside markets and easing concerns over the state of the crop ahead of the harvest weighed on values. Excessive heat during the flowering period in June and July caused canola prices to climb […]

By Phil Franz-Warkentin

Manitoba’s crops continue to hold up

Aug. 2, 2023 at 11:56 am CDT

MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. […]

By Glen Hallick - MarketsFarm

Oilseed crush down, grain deliveries rise in June: StatCan

Jul. 27, 2023 at 11:02 am CDT

Marketsfarm – Statistics Canada (StatCan) released its June oilseed crush and grain delivery statistics, showing a small decline for the former, but a large gain for the latter from the month before. Oilseed processors in Canada crushed 772,345 tonnes of canola last month, as well as 139,164 tonnes of soybeans […]

By MarketsFarm

ICE weekly outlook: canola market heading towards choppy waters

Jul. 26, 2023 at 4:48 pm CDT

Marketsfarm – While the recent gains in canola on the Intercontinental Exchange were likely generated by the spreaders, the market will probably become choppy, according to Ken Ball, trader with PI Financial in Winnipeg, Man. “Spreaders for the last few days have been selling canola and buying soyoil,” Ball suggested […]

By Glen Hallick - MarketsFarm