Insights and Stories on Canola

Jun. 30, 2022 at 4:22 pm CDT

BASF says they are aware of the issues farmers are seeing in some of their canola varieties. A statement from the company, released in mid-June, noted that some InVigor hybrids “may be encountering various challenges that could be hindering crop establishment this season.” The issue had been noted in “select […]

By Alexis Stockford

Jun. 30, 2022 at 10:50 am CDT

MarketsFarm – While the declines in canola prices can be partially attributed to the lack of major weather concerns on the Canadian Prairies and the early development of this year’s crop, an analyst said the main reason is on a grander scale. “The major one is the overall drop in […]

By Glen Hallick - MarketsFarm

Jun. 27, 2022 at 11:33 am CDT

U.S. ag commodities firm Ceres Global Ag’s plans for a canola crush plant in southeastern Saskatchewan are now on indefinite hold. Minneapolis-based Ceres said Friday it’s suspending the crush project it announced in May last year and will terminate a related equipment design and supply contract, so as to reduce […]

By Dave Bedard

Jun. 23, 2022 at 5:00 am CDT

MarketsFarm — ICE Futures canola contracts fell hard during the week ended Wednesday, with little indication of how much more room to the downside there could be. “Once the snowball starts rolling, it just rolls,” analyst Mike Jubinville of MarketsFarm said, adding there were no dynamic changes to the generally […]

By Phil Franz-Warkentin

Jun. 17, 2022 at 7:46 pm CDT

MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC), hitting its smallest level since August 2021. The net managed money long position in […]

By Phil Franz-Warkentin