Insights and Stories on Canola

ICE weekly outlook: Canola strength shows no signs of fading

Jan. 5, 2022 at 7:52 pm CST

MarketsFarm — ICE Futures canola contracts started the new year on a firm footing, with little sign that the ongoing strength will end anytime soon. “Is canola expensive? Yes, but everything is expensive,” said analyst Mike Jubinville of MarketsFarm. While canola may look overpriced by some metrics, he noted the […]

Another volatile holiday week for grain markets

Dec. 31, 2021 at 12:18 pm CST

By Glen Hallick - MarketsFarm

ICE weekly outlook: Hard to say where canola is going

Dec. 30, 2021 at 9:14 am CST

By Glen Hallick - MarketsFarm

Richardson canola oil on a bottling line.

Lethbridge canola crusher workers reject contract offer

Dec. 24, 2021 at 12:50 am CST

By Dave Bedard

ICE weekly outlook: Holiday canola trading is anyone’s guess

Dec. 22, 2021 at 6:31 pm CST

By Glen Hallick - MarketsFarm

AAFC adjusts grain, oilseed balance sheets slightly

Dec. 20, 2021 at 6:04 pm CST

MarketsFarm –– Updated supply and demand tables from Agriculture and Agri-Food Canada (AAFC), released late Friday, included only minor adjustments to balance sheets for the country’s major crops. The department’s projected ending stocks for wheat and canola were left unchanged from the previous month. Factoring in the official estimates from […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola futures bend under pressure

Dec. 15, 2021 at 7:43 pm CST

MarketsFarm — As the speculative longs for ICE Futures canola keep trying to defend their position, trader Ken Ball of PI Financial in Winnipeg said the pressure on canola continued to build. That’s especially so with declines over the last few weeks in Chicago soyoil, Malaysian palm oil and European […]

By Glen Hallick - MarketsFarm

USDA expects canola, sunflowers elsewhere to offset Canada’s shortfalls

Dec. 13, 2021 at 6:46 pm CST

MarketsFarm –– Good canola and rapeseed crops in Australia and a number of other parts of the world along with large world sunflower seed production should help offset Canada’s smaller-than-expected production somewhat, according to the December oil crops outlook from the U.S. Department of Agriculture. Total global canola/rapeseed production is […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola futures still well supported

Dec. 8, 2021 at 5:10 pm CST

MarketsFarm — The ICE Futures canola market was showing signs of running into resistance to the upside during the week ended Wednesday, as speculators booked profits on some of their large long positions. The general uptrend, however, remains intact despite the minor correction. While bouts of consolidation were not unexpected, […]

By Phil Franz-Warkentin

Ambassador to China to leave post after helping free detainees

Dec. 6, 2021 at 4:06 pm CST

Ottawa | Reuters –– Canada’s ambassador to China said on Monday he would soon leave his post after a two-year assignment where he helped secure the freedom of two Canadian detainees despite icy relations between Beijing and Ottawa. Dominic Barton’s departure, which will take effect Dec. 31, leaves a crucial […]

By David Ljunggren