Insights and Stories on New-crop

Jul. 21, 2022 at 2:25 pm CDT

MarketsFarm — ICE Futures canola contracts were seeing choppy activity in mid-July but were under pressure overall, closing at their weakest levels in six months on Wednesday. Relatively favourable Prairie weather, speculative long-liquidation, and pressure from outside markets all weighed on values with more losses likely if no weather concerns […]

By Phil Franz-Warkentin

Jul. 21, 2022 at 2:12 pm CDT

MarketsFarm — Prices for feed barley and wheat in Western Canada are still higher than this time last year, but if large declines in those prices are any indication, the 2022 harvest is set to be more typical than that of 2021. The high-delivered bid for Saskatchewan feed barley is […]

By Adam Peleshaty

May. 18, 2022 at 6:45 pm CDT

MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, […]

By Phil Franz-Warkentin

Apr. 6, 2022 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts climbed to fresh contract highs during the first week of April, but ran into profit-taking resistance and could be due for more losses as the market looks overpriced. “We’re starting to see canola give back some of the extra premium it’s been putting on,” […]

By Phil Franz-Warkentin

Feb. 9, 2022 at 5:22 pm CST

MarketsFarm — At a little more than halfway through the 2021-22 marketing year for canola, a trader asserted the Canadian oilseed now lacks the ability to move independently. Rather, it will follow the ups and downs in oil and meal markets. “[Canola] did its thing months ago,” trader Ken Ball […]

By Glen Hallick - MarketsFarm