Insights and Stories on Canola

Canola crush edges up, soybean crush falls

Jul. 25, 2020 at 12:54 pm CDT

MarketsFarm — As the amount of canola crushed in Canada increased slightly in June, the soybean crush was down significantly, according to the latest monthly report from Statistics Canada. The federal agency on Thursday released crushing statistics for major oilseeds, which showed 864,559 tonnes of canola crushed in June, up […]

ICE weekly outlook: Canola under pressure at midweek

Jul. 22, 2020 at 4:50 pm CDT

By Marlo Glass – MarketsFarm

Funds covering short positions in canola

Jul. 17, 2020 at 11:33 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Higher loonie, lower canola

Jul. 15, 2020 at 6:15 pm CDT

By Glen Hallick - MarketsFarm

Canola fund short position smallest in six months

Jul. 13, 2020 at 9:09 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola nears resistance

Jul. 8, 2020 at 7:16 pm CDT

MarketsFarm — ICE Futures canola contracts hit their strongest levels in three months during the first week of July, but appear to be running into resistance from a chart standpoint. The November contract hit an intersession high of $482 per tonne on Wednesday, but settled below the $480 mark. “You […]

By Phil Franz-Warkentin

Canola futures testing chart resistance

Jul. 6, 2020 at 11:20 pm CDT

MarketsFarm — Recent price activity in the ICE Futures canola market has been bullish from a technical standpoint, with the futures poised for a break higher if the rally can be sustained. After trading at a low of $468.10 per tonne in late June, the November canola contract rallied to […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola stronger after Canada Day

Jul. 3, 2020 at 1:49 am CDT

MarketsFarm — Canola contracts have made small gains this week after pausing on Wednesday for Canada Day. As the July canola contract has expired, attention turns to new-crop contracts. Areas of the Prairies have received significant rain lately, with flood warnings and high water advisories across southwestern and western Manitoba […]

By Marlo Glass – MarketsFarm

ICE weekly outlook: Canola mixed at midweek

Jun. 24, 2020 at 11:01 pm CDT

MarketsFarm — Canola contracts have stayed locked in a pattern for the past few trading sessions, with the July contract posting small gains and new crop year contracts showing losses. That’s mainly due to traders positioning ahead of July’s expiry date. “It’s not uncommon for the July expiry to see […]

By Marlo Glass – MarketsFarm

Huawei CFO’s extradition hearing to stretch into 2021

Jun. 23, 2020 at 7:14 pm CDT

Reuters — Hearings on Huawei chief financial officer Meng Wanzhou’s extradition to the U.S. from Canada will extend into late April 2021, according to documents released by a British Columbia court on Tuesday. Meng was arrested in December 2018 by Canadian authorities at the Vancouver International Airport on a U.S. […]

By Moira Warburton