Insights and Stories on Canola

Legalization lifts Canada’s net farm income in 2019

May. 26, 2020 at 8:46 pm CDT

A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion […]

Farmer deliveries well above average in April

May. 25, 2020 at 8:11 pm CDT

By MarketsFarm Team

AAFC tightens canola stocks projections

May. 24, 2020 at 4:58 am CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola nearing resistance

May. 20, 2020 at 8:30 pm CDT

By Phil Franz-Warkentin

USDA sets coronavirus aid payments for corn, soy, wheat

May. 19, 2020 at 8:09 pm CDT

By Reuters

Net short position reduced in canola

May. 18, 2020 at 10:06 pm CDT

MarketsFarm — Rising futures prices saw speculators exiting short positions in canola and adding to a growing net long in soybeans, 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 […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola steady at midweek

May. 13, 2020 at 5:14 pm CDT

MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding steady in comparison to other vegetable oils. “There’s general weakness in other markets, but canola hasn’t had too much of […]

By Marlo Glass – MarketsFarm

Funds cover canola shorts, but still bearish on corn

May. 8, 2020 at 7:07 pm CDT

MarketsFarm — Speculators reduced their net short position in canola during the first week of May and added to their net long position in soybeans, while placing fresh bearish bets on corn, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The […]

By Phil Franz-Warkentin

Adjustments likely ahead for StatsCan’s early acreage estimates

May. 7, 2020 at 4:42 pm CDT

MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area is expected to see some shifts from the projections released Thursday. “As a result of the timing of the COVID-19 […]

By Phil Franz-Warkentin

Trade estimates vary ahead of StatsCan’s acreage report

May. 6, 2020 at 6:00 pm CDT

MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures put in place due to the COVID-19 pandemic, StatsCan was scheduled to release its first principal field crops area report […]

By Glen Hallick - MarketsFarm