Insights and Stories on Canola

Plant-protein processor’s new processing plant gets grant

Aug. 17, 2020 at 8:19 pm CDT

The federal and Manitoba governments have added a seven-figure contribution to their support for a new facility to process plant proteins from canola and peas. Merit Functional Foods will put the additional money toward “new equipment purchases that will support the transformation of raw inputs into value-added goods.” The unspecified […]

U.S. investor to buy Prairie canola ‘streaming’ firm

Aug. 12, 2020 at 11:30 pm CDT

By Dave Bedard

ICE weekly outlook: Canola facing resistance ahead of harvest

Aug. 12, 2020 at 7:28 pm CDT

By Phil Franz-Warkentin

Canadian canola prices spike as shippers find back door to China

Aug. 10, 2020 at 2:25 pm CDT

By Hallie Gu Rod Nickel

Managed money’s net long position grows in canola

Aug. 7, 2020 at 5:49 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Weaker U.S. dollar ripples into canola

Aug. 5, 2020 at 7:35 pm CDT

MarketsFarm — As the Canadian dollar continues its rise, the adverse effects on canola could become more pronounced, according to Errol Anderson of ProMarket Communications in Calgary. Anderson’s expectations are for the loonie to hit a range of 75-77 U.S. cents, which could see canola drop $5-$10 per tonne. “The […]

By Glen Hallick - MarketsFarm

Canada says requirements for Huawei exec’s extradition to U.S. met

Aug. 4, 2020 at 3:23 am CDT

Reuters — Canada’s attorney general says the requirements for extraditing Huawei chief financial officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show. Meng, 48, was arrested in December 2018 on a warrant from the United States, […]

By Moira Warburton

ICE weekly outlook: Canola scale-up selling to temper gains

Jul. 30, 2020 at 10:12 am CDT

MarketsFarm – ICE Futures canola contracts climbed above chart resistance to hit their highest levels in six-months on July 29. While there is more room to the upside, farmer selling could temper additional gains. Fund traders adding to long positions together with solid export demand, especially from Europe, accounted for […]

By Phil Franz-Warkentin

Total Canadian canola exports solid, despite lost sales to China

Jul. 28, 2020 at 3:31 pm CDT

Canadian canola exports are running well ahead of the year-ago pace with increased business to Europe and the United Arab Emirates more than making up for reduced sales to China, according to the latest monthly export data from the Canadian Grain Commission. Canada has exported 9.166 million tonnes of canola […]

By MarketsFarm Team

Managed money backing out of bearish canola bets

Jul. 27, 2020 at 4:47 pm CDT

MarketsFarm – Fund traders were backing out of bearish bets in canola while actively putting on new longs during the week ended July 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money short position in […]

By Phil Franz-Warkentin