Insights and Stories on Canola Harvest

Oct. 11, 2017 at 7:11 pm CDT

CNS Canada — The canola market continues to chop around in its recently-established range of $490-$500 per tonne, but a looming U.S. Department of Agriculture report could change that, according to an industry analyst. “That (USDA supply and demand report) is going to be the driver,” said Keith Ferley of […]

By Dave Sims

Sep. 20, 2017 at 6:10 pm CDT

CNS Canada — Canola futures moved steadily higher over the course of the week ended Wednesday, but remain firmly entrenched in a sideways trading range as seasonal harvest pressure continues to limit the upside. “Most of the markets are still just killing time… everybody is just monitoring things to see […]

By Phil Franz-Warkentin

Aug. 31, 2017 at 4:50 pm CDT

CNS Canada — It was an eventful week for the ICE Futures Canada canola market as many in the trade were preparing for the release of Statistics Canada’s crop production report on Thursday. While the report is always taken lightly because it relies on month-old data, it still gives participants […]

By Dave Sims

Oct. 20, 2016 at 2:50 pm CDT

Winnipeg | Reuters –– As some Western Canada farmers watched rain and snow turn their ripening canola fields into bogs, Rob Stone could count his blessings. Harvest weather was kinder to his farm at Davidson, Sask., about 100 km southeast of Saskatoon, and Stone finished harvesting canola by mid-September. Then, […]

By Rod Nickel

Sep. 30, 2015 at 4:23 pm CDT

CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent […]

By Phil Franz-Warkentin