Insights and Stories on Canola Markets

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

Sep. 13, 2017 at 5:21 pm CDT

CNS Canada — The canola market will likely be tested in coming days as harvest pressure, both north and south of the border, intensifies. While futures enjoyed a bounce upward following a bearish report from the U.S. Department of Agriculture on Tuesday, the technical bias appears to be pointed lower. […]

By Dave Sims

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

Jul. 19, 2017 at 6:35 pm CDT

CNS Canada — Participants in the canola market have their rain gauges out this week to see if heat-blasted sections of the Prairies get enough moisture to help the beleaguered crop. “Many pockets of Western Canada are in desperate need of rain so that’s the feature right now,” said Keith […]

By Dave Sims

Jul. 13, 2017 at 8:17 pm CDT

CNS Canada — It’s the time of year when canola prices closely follow the weather, and while recent rain has caused some losses, the market could hold onto its premium. “In some ways you could say it’s a classic weather market,” said Jon Driedger, senior market analyst at FarmLink Marketing. […]

By Jade Markus