Insights and Stories on Canola

Jun. 1, 2022 at 5:15 pm CDT

MarketsFarm — There’s more to the sharp decline in U.S. wheat and corn futures than the possibility of Ukrainian exports returning to the global market along with the massive liquidation of longs, according to analyst Errol Anderson of ProMarket Communications in Calgary. “My theory with what is going on is […]

By Glen Hallick - MarketsFarm

May. 25, 2022 at 4:13 pm CDT

MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. […]

By Phil Franz-Warkentin

May. 19, 2022 at 8:15 pm CDT

Ottawa | Reuters — Canada on Thursday said it plans to ban the use of China’s Huawei Technologies and ZTE Corp. 5G gear to protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. “We intend to exclude Huawei and ZTE from our 5G networks,” Industry Minister […]

By David Ljunggren, Steve Scherer

May. 18, 2022 at 6:45 pm CDT

MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, […]

By Phil Franz-Warkentin

May. 18, 2022 at 5:25 pm CDT

Officials say China has reinstated market access for two major grain firms whose exports of Canadian canola have been blocked from Chinese ports since 2019. Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau, in a joint statement Wednesday, confirmed the decision by Chinese customs officials allowing Richardson International […]

By Dave Bedard