Insights and Stories on Canola

ICE weekly outlook: Canola’s sideways market nears low end of range

Nov. 23, 2022 at 5:48 pm CST

MarketsFarm — ICE Futures canola contracts slid lower during the week ended Wednesday but remain stuck in a sideways trading range overall. The January contract has held within a range from $800 to $900 per tonne for the past five months, with the market still well within that range despite […]

Canola plants seeing big-time profits

Nov. 23, 2022 at 5:46 pm CST

By Jeff Melchior

When it comes to canola seed, size matters

Nov. 22, 2022 at 4:58 pm CST

ICE weekly outlook: Premium showing in front-month canola

Nov. 16, 2022 at 4:43 pm CST

By Phil Franz-Warkentin

Fund position switches to net long in canola

Nov. 14, 2022 at 6:19 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Trader sees canola topping $900 mark soon

Nov. 9, 2022 at 7:43 pm CST

MarketsFarm — Despite surpassing the $900 per tonne mark at times during the week ended Wednesday, ICE Futures’ January canola contract never settled above that psychological level. Rising prices prior to the weekend later gave away to selling pressure after the weekend due to a correction in vegetable oil prices, […]

By Adam Peleshaty

Fund short position in canola dips to four-month low

Nov. 8, 2022 at 11:38 am CST

MarketsFarm — Speculators were busy covering short positions and putting on some fresh longs in the canola market during the week ended Nov. 1. That lowered the net short position in the ICE Futures canola market to its smallest level since the beginning of July, according to the latest Commitment […]

By Phil Franz-Warkentin

Feeding canola meal to cattle

Nov. 4, 2022 at 10:25 am CDT

Hodgeville, Sask., looks like it could be a postcard for the province — surrounded by flat fields and cattle grazing in nearby pastures, while an old elevator stands watch at the edge of town on Railroad Avenue, just like so many other small towns in the Canadian Prairies. In contrast, […]

By Melissa Jeffers-Bezan

Canadian canola oil content up in 2022: Preliminary CGC data

Nov. 3, 2022 at 9:27 am CDT

The average oil content of Canada’s canola crop edged higher in 2022 compared to the previous year, according to preliminary data from the Canadian Grain Commission released Nov. 1. Oil content for number one quality canola across Western Canada ranged from 34.9 to 49.2 per cent, with the average coming […]

By MarketsFarm

ICE weekly outlook: Sideways canola market due for a move

Oct. 26, 2022 at 4:17 pm CDT

MarketsFarm – The ICE Futures canola market largely held within its well-established sideways trading range during the week ended Oct. 26, with only the nearby November contract breaking higher as short-covering ahead of its expiry gave the month a boost. The January contract has held in a narrow range between […]

By Phil Franz-Warkentin