Insights and Stories on Carryout

Nov. 27, 2019 at 4:50 pm CST

MarketsFarm — The trench in which ICE Futures January canola now finds itself is expected to hold firm, according to Ken Ball of PI Financial in Winnipeg. “We’re developing a range for the January contract that might hold up for a while, around $455-$467 roughly,” he said. “We could kick […]

By Marlo Glass – MarketsFarm

Nov. 13, 2019 at 3:48 pm CST

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend […]

By Phil Franz-Warkentin

Oct. 18, 2019 at 7:20 pm CDT

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday issued its October outlook for principal field crops, with some revisions compared to the September report. One of the most notable numbers from AAFC was the drop in 2019-20 corn exports, which were estimated to be about 1.5 million tonnes, over […]

By Glen Hallick - MarketsFarm

Sep. 6, 2019 at 6:54 pm CDT

MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the […]

By Phil Franz-Warkentin

Jun. 17, 2019 at 3:37 pm CDT

MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an […]

By Phil Franz-Warkentin