Insights and Stories on Canola

ICE weekly outlook: Canola acres could be in flux

May. 6, 2020 at 5:34 pm CDT

MarketsFarm — Canada’s canola acres are generally expected to be higher in the first area report of the year from Statistics Canada, compared to the 20.96 million acres estimated to have been seeded in 2019. Estimates are wide-ranging, with some analysts predicting a slight reduction in canola area and others […]

wheat being loaded onto a bulk vessel at port in Russia.

Global grain production to exceed 2.2 billion tonnes, IGC predicts

May. 1, 2020 at 8:15 pm CDT

By Glen Hallick - MarketsFarm

Funds add to short position in canola, move to net long in soy

May. 1, 2020 at 8:04 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Demand keeps canola well supported

Apr. 29, 2020 at 4:43 pm CDT

By Phil Franz-Warkentin

Supply chain working but canola groups have concerns

Apr. 28, 2020 at 7:58 pm CDT

By Alexis Kienlen

Speculators turn bearish in soybeans, add to canola shorts

Apr. 24, 2020 at 7:43 pm CDT

MarketsFarm — Fund traders have turned from a net long position to a net short position in Chicago soybeans while also adding to their bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short […]

By Phil Franz-Warkentin

Tighter canola stocks, more wheat in updated ag department tables

Apr. 24, 2020 at 4:33 am CDT

MarketsFarm — Updated supply/demand tables released by Agriculture and Agri-Food Canada on Wednesday include only minor adjustments to stocks and usage numbers, with slightly tighter canola ending stocks and a small increase in wheat supplies. Canola ending stocks for 2020-21 are forecast at 2.7 million tonnes in the updated tables. […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola gains strength at midweek

Apr. 22, 2020 at 7:45 pm CDT

MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold due to bearish sentiments from outside markets earlier in the week, but prices were steadily bouncing back. Nearby ICE Futures […]

By Marlo Glass – MarketsFarm

Funds add to net short position in canola

Apr. 17, 2020 at 5:35 pm CDT

MarketsFarm — Fund traders put more new bearish bets on canola in the second week of April, adding to their net short position, 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 […]

By Phil Franz-Warkentin

ICE weekly outlook: Loonie’s rally kept canola lower

Apr. 15, 2020 at 5:54 pm CDT

MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of those factors, as it had a small rally that pushed the loonie to almost 72 U.S. cents. That rally ended […]

By Glen Hallick - MarketsFarm