(Photo courtesy Canola Council of Canada)

Canadian canola could make its way into Australia

CNS Canada — A potential shortage of canola on Australia’s east coast has the oilseed industry there musing about the potential of importing Canadian canola to keep processing plants going. A story Tuesday on the Australian website Farm Online quoted Australian Oilseeds Federation CEO Nick Goddard as explaining the potential for Canadian canola to make […] Read more



ICE October 2018 canola, with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola still watching soy, weather

CNS Canada — ICE Futures canola contracts moved off their nearby lows over the week ended Wednesday as persistent harvest delays provided support. Additional strength, however, may be dependent on movement in the Chicago soybean market. “Soybeans will be the driving force behind which way canola futures go,” said commodities investment advisor David Derwin of […] Read more

(Photo courtesy Canola Council of Canada)

Speculators grow net short position in canola

CNS Canada — Large speculators added to their net short positions in the ICE Futures canola market during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators grew their net short position in canola to 27,709 contracts […] Read more



Statistics Canada’s model-based report is based in part on data from sensors on the U.S. National Oceanic and Atmospheric Administration (NOAA) series of satellites. The Normalized Difference Vegetation Index (NDVI), shown here for Sept. 16 over an NOAA satellite map of North America, is used to gauge surface vegetation content. (OSPO.noaa.gov)

Canola, wheat crop size hiked in StatsCan’s view from space

CNS Canada — Statistics Canada raised its production estimates for most crops across Western Canada in its latest report released Wednesday. Unlike traditional StatsCan reports using information gathered from phone surveys, the model-based report was based in part on coarse-resolution satellite imagery collected during the month of August. The model-based report has only been in […] Read more