Insights and Stories on Canola

Sep. 20, 2019 at 6:09 pm CDT

MarketsFarm — The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sunday (Sept. 15), according to the latest Canadian […]

By Phil Franz-Warkentin

Sep. 20, 2019 at 4:20 pm CDT

MarketsFarm — Fund traders covered some of their large net short positions in canola and soybeans during the week ended Tuesday, while adding to their bearish bets on corn, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money […]

By Phil Franz-Warkentin

Sep. 18, 2019 at 6:00 pm CDT

MarketsFarm — Over the last week or so canola prices have been largely supported by two factors, according to Errol Anderson of Pro Market Communications in Calgary. “To some degree it’s still crop uncertainty and growers aren’t selling.” Cash bids have varied widely, he said, while spot premiums have shot […]

By Glen Hallick - MarketsFarm

Sep. 16, 2019 at 8:01 pm CDT

MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on Saturday hindered the production of about 5.7 million barrels of oil per day. On Monday morning, crude oil prices were […]

By Marlo Glass – MarketsFarm

Sep. 16, 2019 at 7:41 pm CDT

MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), 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 canola came in Tuesday at 73,025, […]

By Phil Franz-Warkentin