
Canola

Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.

ICE canola showing signs of stabilizing
Expectations for slightly lower canola acres ahead of StatCan report
The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.

Australia wraps up winter wheat/canola harvest
Production beats earlier forecasts, but are still down on the year
Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.

Managed money still adding to record large canola short position
Net short position in soybeans increased by about 2,300 contracts
Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.

MacAulay opens Indo-Pacific ag office
Moment 'pivotal' for the hog sector, Canadian Pork Council says
The Canadian Pork Council joined federal ag minister Lawrence MacAulay in Manila, Philippines, to open Canada's first Indo-Pacific agriculture office, it said today, calling the opening a "pivotal moment" for the Canadian pork sector.

Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.

ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.