Insights and Stories on Canola

Mar. 2, 2022 at 7:12 pm CST

MarketsFarm — Sharp increases in canola and other commodities are said to be coming to an end, according to analyst Errol Anderson of ProMarket Communications in Calgary. Concerns stemming from Russia’s invasion of Ukraine have sparked huge gains, but there’s very likely a good amount of volatility ahead. “The market […]

By Glen Hallick - MarketsFarm

Mar. 1, 2022 at 7:09 pm CST

Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including […]

By Alexander Schummer

Feb. 23, 2022 at 6:40 pm CST

MarketsFarm — ICE canola futures climbed to fresh contract highs during the week ended Wednesday, as activity in outside markets and canola’s own tight supply situation provided support. “Outside forces help it, but there are also things unique to the canola market that are supportive,” said David Derwin, commodities investment […]

By Phil Franz-Warkentin

Feb. 17, 2022 at 4:28 am CST

Unionized staff at Richardson International’s canola crush plant at Lethbridge have voted for six years’ labour peace rather than proceeding toward a strike vote. The 140-odd workers, represented by United Food and Commercial Workers (UFCW) Local 401, voted Feb. 1-2 on a new proposal from the company after voting 79 […]

By Dave Bedard

Feb. 16, 2022 at 7:59 pm CST

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative […]

By Phil Franz-Warkentin