Insights and Stories on Canola Futures

Jan. 23, 2015 at 6:07 pm CST

CNS Canada — Canada’s canola crushing pace jumped to its highest level in six months during the week ended Wednesday, according to data from the Canadian Oilseed Processors Association (COPA). Domestic crushers processed 153,102 tonnes of canola during the week, up more than five per cent from the week prior, […]

By Terryn Shiells

Jan. 21, 2015 at 5:18 pm CST

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive […]

By Dave Sims

Jan. 14, 2015 at 8:05 pm CST

CNS Canada — ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the most active front months posting gains and losses in the more deferred positions. While there is still more room to the upside, weakness in CBOT soybeans could spill over to pull the Canadian […]

By Phil Franz-Warkentin

Jan. 13, 2015 at 4:21 pm CST

CNS Canada — ICE Futures Canada canola futures have strengthened recently, but the western Canadian cash market for canola hasn’t followed along. Farmers “keep telling me that the futures go up, but the basis isn’t keeping pace,” said Keith Ferley of RBC Dominion Securities. Some locations, he added, have widened […]

By Terryn Shiells

Jan. 7, 2015 at 3:15 pm CST

CNS Canada — The ICE Futures Canada canola market was stronger during the week ended Wednesday, taking some direction from the rally seen in Chicago soybean futures. Soybeans gained about US30 cents per bushel during the week, but canola was lagging to the upside as traders bet the U.S. rally […]

By Terryn Shiells