Insights and Stories on Canola

Aug. 10, 2022 at 8:00 pm CDT

MarketsFarm — The ICE Futures canola market held within a narrow range during the week ended Wednesday, with weather conditions heading into harvest likely to dictate the eventual price direction over the next few weeks. “The key right now is the late state of the crop,” said Errol Anderson of […]

By Phil Franz-Warkentin

Aug. 4, 2022 at 9:37 am CDT

MarketsFarm – Canola contracts on the ICE Futures platform saw some large moves over the past week, initially moving higher in sympathy with the United States soy complex before taking back most of those gains as both markets reacted to shifting weather forecasts. Showers continue to pop up across the […]

By Phil Franz-Warkentin

Jul. 29, 2022 at 10:12 am CDT

Due to its high oil content, canola has a higher risk of spoilage compared with numerous other crops. If it’s too wet or too warm inside the bin, moulds, mites and insects will thrive, leading to spoilage and lost revenue for farmers. Charley Sprenger, a research project lead at Prairie […]

By Mark Halsall

Jul. 28, 2022 at 9:12 am CDT

MarketsFarm – As prices fall back, an analyst said it’s very common for there to be occasional spike upwards, and that’s exactly what’s been happening to canola. “We’ve come down a long way and having a bit of a rally wouldn’t be unusual,” commented analyst David Derwin of PI Financial […]

By Glen Hallick - MarketsFarm

Jul. 23, 2022 at 5:21 am CDT

MarketsFarm — The speculative net short position in ICE Futures canola grew during the week ended Tuesday, as fund traders liquidated long positions and opened some new shorts, according to the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money […]

By Phil Franz-Warkentin