Insights and Stories on Canola

Higher canola, wheat production expected in StatCan report

Nov. 30, 2023 at 6:16 pm CST

MarketsFarm — There was a consensus among several traders and analysts that Statistics Canada will very likely raise its estimates on canola and wheat production for 2023-24. Yields on the Prairies were better than expected following a difficult first half of the growing period, as the weather improved during the […]

ICE weekly outlook: Canola prices could rebound

Nov. 29, 2023 at 5:32 pm CST

By Adam Peleshaty

Speculators buy back bearish canola bets in latest report

Nov. 27, 2023 at 7:12 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Purely technical canola market trending up

Nov. 22, 2023 at 8:00 pm CST

By Phil Franz-Warkentin

AAFC tweaks crop supply/demand estimates in November report

Nov. 22, 2023 at 12:09 pm CST

By Glen Hallick - MarketsFarm

Large speculative short position in canola dips slightly

Nov. 20, 2023 at 3:59 pm CST

MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Nov. 14, the net […]

By Phil Franz-Warkentin

ICE weekly outlook: Funds in control of market – for now

Nov. 15, 2023 at 4:06 pm CST

With a record short position in canola, managed money is largely in control of the market according to analyst Wayne Palmer of Exceed Grain in Winnipeg.

By Glen Hallick - MarketsFarm

Canola sector gets research boost

Nov. 14, 2023 at 2:53 pm CST

The federal government is putting up $9 million to drive the sustainable growth of Canada’s canola sector. The funding comes from the AgriScience Program—Clusters Component, an initiative under the Sustainable Canadian Agricultural Partnership and was announced today (Nov. 14) in Winnipeg by Lawrence MacAulay, the federal agriculture minister. “This new […]

By Don Norman

ICE weekly outlook: Soy complex supporting canola

Nov. 8, 2023 at 6:49 pm CST

MarketsFarm — Amid falling crude oil prices, canola prices are staying strong, largely due to the Chicago soy complex, according to a Calgary analyst. Errol Anderson of ProMarket Communications has been impressed with canola’s recent rise. The January contract on ICE Futures was as low at $672 per tonne on […]

By Adam Peleshaty

Net speculative short position in canola tops 100,000 contracts

Nov. 6, 2023 at 6:03 pm CST

MarketsFarm — Speculative fund traders continued to add to their large short positions in canola futures during the last week of October, taking the net managed money short position over 100,000 contracts for the first time on record, according to the latest Commitments of Traders report from the U.S. Commodity […]

By Phil Franz-Warkentin