Insights and Stories on Canola

Jan. 17, 2024 at 3:32 pm CST

With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg. 

By Glen Hallick - MarketsFarm

Jan. 15, 2024 at 3:43 pm CST

Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Jan. 11, 2024 at 9:47 am CST

Producer support for the merge of SaskCanola and SaskFlax was "overwhelming," the groups said in a Jan. 10 news release. The organizations held a joint annual general meeting to share results of member feedback before taking the issue to a vote. The vote passed with "widespread approval," the release said.

By Geralyn Wichers

Jan. 10, 2024 at 4:09 pm CST

The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.

By Phil Franz-Warkentin

Jan. 3, 2024 at 5:07 pm CST

Even though selling activity for canola could be slowing down, according to an analyst, there are too many bearish indicators to predict a boost to prices. 

By Adam Peleshaty - MarketsFarm