Insights and Stories on Oilseeds

Jul. 26, 2023 at 4:48 pm CDT

Marketsfarm – While the recent gains in canola on the Intercontinental Exchange were likely generated by the spreaders, the market will probably become choppy, according to Ken Ball, trader with PI Financial in Winnipeg, Man.  “Spreaders for the last few days have been selling canola and buying soyoil,” Ball suggested […]

By Glen Hallick - MarketsFarm

Jul. 19, 2023 at 4:48 pm CDT

MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise.  The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 […]

By Adam Peleshaty

Jul. 19, 2023 at 4:24 pm CDT

While canola is king of the Canadian oilseed market, the same can be said of soybeans in the United States. However, the big pulse crop south of the border has made inroads in the western provinces. Manitoba has seen the biggest growth in soybean acres with well over a million […]

By Alex McCuaig

Jul. 12, 2023 at 3:51 pm CDT

MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production uncertainty across the Prairies provided support. A bearish reaction in the Chicago soy complex to the latest supply/demand estimates (WASDE) […]

By Phil Franz-Warkentin

Jun. 14, 2023 at 8:01 pm CDT

MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in Winnipeg. Ball commented there has been a good amount of short-covering in soyoil at the Chicago Board of Trade, as […]

By Glen Hallick - MarketsFarm