Insights and Stories on Canola

ICE weekly outlook: Conditions a challenge for Prairie canola

May. 11, 2022 at 8:19 pm CDT

MarketsFarm — Wet conditions throughout much of the eastern half of the Canadian Prairies continued to delay spring planting this week. Meanwhile, the western half of the region remained mired in drought and in need of rain to help recently-seeded crops get off to a good start. “Get it in […]

The blackleg threat for canola

May. 6, 2022 at 9:39 am CDT

By Mark Halsall

U.S. EPA proposal likes canola oil for renewable fuel

May. 5, 2022 at 10:24 am CDT

By Allan Dawson

ICE weekly outlook: Jittery spring market for canola

May. 4, 2022 at 7:45 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola books steep rise in prices

Apr. 27, 2022 at 9:31 pm CDT

By Glen Hallick - MarketsFarm

EU’s oilseed yields expected to decline in 2022-23

Apr. 23, 2022 at 3:09 am CDT

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output […]

By MarketsFarm

ICE weekly outlook: Trend remains pointed higher for canola

Apr. 20, 2022 at 6:29 pm CDT

MarketsFarm — The ICE Futures canola market climbed to fresh contract highs once again during the week ended Wednesday, although profit-taking at those highs did slow the advances. While additional corrections are possible, both the underlying fundamentals and technical remain supportive. “This is the bull market of all time in […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola seen as teetering, likely to tumble

Apr. 13, 2022 at 6:29 pm CDT

MarketsFarm — ICE Futures canola values sit high atop a precipice, tittering toward a steep drop. One recourse for canola is to bank on prices for soyoil and soymeal on the Chicago Board of Trade (CBOT) to rise sharply in the near future — or take that step off its […]

By Glen Hallick - MarketsFarm

Canola sector needs a big push to reach production target

Apr. 13, 2022 at 10:28 am CDT

The Canola Council of Canada’s plan to push production to 26 million tonnes annually by 2025 is still on — but the goal is looking ever-more daunting. The joint farm-industry organization released an updated “innovation strategy” last month to support it’s ‘Keep It Coming — 26 by 2025’ initiative. The […]

By Glenn Cheater

ICE weekly outlook: Overvalued canola market due for correction

Apr. 6, 2022 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts climbed to fresh contract highs during the first week of April, but ran into profit-taking resistance and could be due for more losses as the market looks overpriced. “We’re starting to see canola give back some of the extra premium it’s been putting on,” […]

By Phil Franz-Warkentin