Insights and Stories on Canola

Canada says requirements for Huawei exec’s extradition to U.S. met

Aug. 4, 2020 at 3:23 am CDT

Reuters — Canada’s attorney general says the requirements for extraditing Huawei chief financial officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show. Meng, 48, was arrested in December 2018 on a warrant from the United States, […]

ICE weekly outlook: Canola scale-up selling to temper gains

Jul. 30, 2020 at 10:12 am CDT

By Phil Franz-Warkentin

Total Canadian canola exports solid, despite lost sales to China

Jul. 28, 2020 at 3:31 pm CDT

By MarketsFarm Team

Managed money backing out of bearish canola bets

Jul. 27, 2020 at 4:47 pm CDT

By Phil Franz-Warkentin

Canola crush edges up, soybean crush falls

Jul. 25, 2020 at 12:54 pm CDT

By MarketsFarm Team

Producer deliveries spike in June

Jul. 24, 2020 at 12:58 am CDT

MarketsFarm — Grain deliveries in Canada increased 48.5 per cent from May to June, according to Statistics Canada in a report released today. The report, Producer Deliveries of Major Grains, showed more than 5.16 million tonnes of all grains were delivered by producers in June, compared to the approximately 3.54 […]

By MarketsFarm Team

ICE weekly outlook: Canola under pressure at midweek

Jul. 22, 2020 at 4:50 pm CDT

MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness […]

By Marlo Glass – MarketsFarm

July supply/demand report shows just minor revisions

Jul. 18, 2020 at 12:44 am CDT

MarketsFarm — Updated supply/demand estimates released Friday by Agriculture and Agri-Food Canada include only minor revisions from the previous report, taking into account revised acreage estimates Statistics Canada released at the end of June. Canola ending stocks for the current marketing year were lowered by 100,000 tonnes, to 2.5 million […]

By Phil Franz-Warkentin

Funds covering short positions in canola

Jul. 17, 2020 at 11:33 pm CDT

MarketsFarm — Fund traders continued to bail out of short positions in canola during the week ended July 14, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in July 14 […]

By Phil Franz-Warkentin

ICE weekly outlook: Higher loonie, lower canola

Jul. 15, 2020 at 6:15 pm CDT

MarketsFarm — As the Canadian dollar pushes higher, canola prices could drop to the low end of its support or further, according to Errol Anderson of ProMarket Communications in Calgary. The loonie closed Wednesday at 73.89 U.S. cents, after stepping above 74 U.S. cents a number of times during trading. […]

By Glen Hallick - MarketsFarm