Insights and Stories on Canola

Oct. 22, 2024 at 8:21 am CDT

Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.

By Phil Franz-Warkentin

Oct. 21, 2024 at 11:27 am CDT

The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Oct. 16, 2024 at 3:53 pm CDT

The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.

By Phil Franz-Warkentin

Oct. 9, 2024 at 3:55 pm CDT

The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend.

By Phil Franz-Warkentin

Oct. 8, 2024 at 3:11 pm CDT

The Canadian Grain Commission's monthly report on grain exports for August 2024 - the first month of the 2024/25 marketing year.

By Glen Hallick - MarketsFarm