Insights and Stories on Canola

Opinions divided ahead of StatCan production report

Nov. 30, 2022 at 5:59 pm CST

MarketsFarm — Ahead of the crop production report from Statistics Canada (StatCan) due out Friday, trade expectations are above and below what the federal agency estimated in September. In August, and in September, StatCan issued production reports based on a satellite model and without any input from farmers filling out […]

Fund position back to net short in canola

Nov. 28, 2022 at 4:45 pm CST

By Phil Franz-Warkentin

Wheat is transfered to the cargo ship 'Jork' at the Alliance Grain Terminal in Vancouver

Canadian grain deliveries during October mostly higher

Nov. 24, 2022 at 2:02 pm CST

By MarketsFarm

ICE weekly outlook: Canola’s sideways market nears low end of range

Nov. 23, 2022 at 5:48 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Premium showing in front-month canola

Nov. 16, 2022 at 4:43 pm CST

By Phil Franz-Warkentin

Fund position switches to net long in canola

Nov. 14, 2022 at 6:19 pm CST

MarketsFarm — The overall speculative position in the ICE Futures canola market swung from net short to net long during the first week of November, marking the first time speculators were holding more longs than shorts in four months. That’s according to the latest Commitment of Traders (CoT) report compiled […]

By Phil Franz-Warkentin

ICE weekly outlook: Trader sees canola topping $900 mark soon

Nov. 9, 2022 at 7:43 pm CST

MarketsFarm — Despite surpassing the $900 per tonne mark at times during the week ended Wednesday, ICE Futures’ January canola contract never settled above that psychological level. Rising prices prior to the weekend later gave away to selling pressure after the weekend due to a correction in vegetable oil prices, […]

By Adam Peleshaty

Fund short position in canola dips to four-month low

Nov. 8, 2022 at 11:38 am CST

MarketsFarm — Speculators were busy covering short positions and putting on some fresh longs in the canola market during the week ended Nov. 1. That lowered the net short position in the ICE Futures canola market to its smallest level since the beginning of July, according to the latest Commitment […]

By Phil Franz-Warkentin

Canadian canola oil content up in 2022: Preliminary CGC data

Nov. 3, 2022 at 9:27 am CDT

The average oil content of Canada’s canola crop edged higher in 2022 compared to the previous year, according to preliminary data from the Canadian Grain Commission released Nov. 1. Oil content for number one quality canola across Western Canada ranged from 34.9 to 49.2 per cent, with the average coming […]

By MarketsFarm

ICE weekly outlook: Watch for canola to climb higher

Nov. 2, 2022 at 4:00 pm CDT

MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola somewhere in the winter months maybe trading close to $1,000 again in January,” he said. Palmer placed his suggestion on […]

By Glen Hallick - MarketsFarm