Insights and Stories on Canola

Large gap between StatCan, USDA canola estimates

Dec. 16, 2022 at 7:43 pm CST

MarketsFarm — There’s a significant difference in the amount of canola grown in Canada during 2022-23, in the estimate from Statistics Canada (StatCan) compared to that from the U.S. Department of Agriculture (USDA). Earlier in December, StatCan’s survey-based production of principal field crops report pegged this year’s canola harvest at […]

AAFC raises canola stocks projection, despite smaller crop

Dec. 16, 2022 at 7:24 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola trade’s focus on South America

Dec. 14, 2022 at 7:55 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Less canola to be exported

Dec. 7, 2022 at 6:56 pm CST

By Glen Hallick - MarketsFarm

Australia looking at record wheat, canola crops

Dec. 6, 2022 at 6:32 pm CST

By MarketsFarm

Speculative short position grows in canola

Dec. 5, 2022 at 7:44 pm CST

MarketsFarm — Speculators in the ICE Futures canola were busy liquidating long positions and adding to the short side of the market during the last week of November. That’s caused the net short position to grow to its largest level in two months, according to the latest Commitments of Traders […]

By Phil Franz-Warkentin

U.S. judge dismisses indictment against Huawei executive

Dec. 2, 2022 at 5:13 pm CST

New York | Reuters — A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies, formally ending a criminal sanctions case that strained U.S.-China and Canada-China relations. Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company’s chief executive, entered […]

By jonathan-stempel Karen Freifeld

StatCan data show smaller Canadian canola, durum production

Dec. 2, 2022 at 2:13 pm CST

MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There were both bullish and bearish surprises,” MarketsFarm Pro analyst Mike Jubinville said. While canola production of 18.174 million tonnes was […]

By Phil Franz-Warkentin

Huawei executive’s U.S. bank fraud charges to be dismissed

Dec. 1, 2022 at 8:16 pm CST

Reuters — U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies, whose 2018 arrest strained relations between the U.S. and China. Meng struck a deal with the prosecutors last year for the charges against […]

By Karen Freifeld

ICE weekly outlook: Canola still rangebound but upside possible

Nov. 30, 2022 at 7:26 pm CST

MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the psychological resistance level. Since nearly hitting the $900 per tonne mark on Nov. 15, the January canola contract declined for […]

By Adam Peleshaty