Insights and Stories on Canola

ICE weekly outlook: No independent strength left in canola

Feb. 9, 2022 at 5:22 pm CST

MarketsFarm — At a little more than halfway through the 2021-22 marketing year for canola, a trader asserted the Canadian oilseed now lacks the ability to move independently. Rather, it will follow the ups and downs in oil and meal markets. “[Canola] did its thing months ago,” trader Ken Ball […]

StatsCan confirms tight grain and oilseed stocks

Feb. 8, 2022 at 7:42 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola moving back in line with soybeans

Feb. 2, 2022 at 7:20 pm CST

By Phil Franz-Warkentin

Richardson canola oil on a bottling line.

Richardson crush plant workers to vote on new offer

Jan. 28, 2022 at 7:36 pm CST

By Dave Bedard

ICE weekly outlook: Canola in stratosphere as old-, new-crop gaps narrows

Jan. 26, 2022 at 7:55 pm CST

By Glen Hallick - MarketsFarm

Larger Canadian crops predicted in AAFC’s first 2022 outlook

Jan. 24, 2022 at 2:10 pm CST

MarketsFarm — A return to trend-line yields after the past year’s drought should lead to a significant increase in Canadian crop production in 2022, according to the first supply/demand estimates for the 2022-23 season from Agriculture and Agri-Food Canada (AAFC), released late Friday. Seeded area is expected to be up […]

By Phil Franz-Warkentin

ICE weekly outlook: Choppy canola trade expected

Jan. 19, 2022 at 6:28 pm CST

MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per […]

By Phil Franz-Warkentin

Co-op, AGT plan to crush canola at Regina

Jan. 17, 2022 at 8:34 pm CST

Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that […]

By Dave Bedard

ICE weekly outlook: Despite declines, signs point to increases for canola

Jan. 12, 2022 at 6:49 pm CST

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the […]

By Glen Hallick - MarketsFarm

Funds holding record-large net long position in canola

Jan. 7, 2022 at 10:06 pm CST

MarketsFarm — Fund traders remain bullish in the canola market, growing their net long position to a new record in the latest Commitment of Traders report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of […]

By Phil Franz-Warkentin