Canola Archives - Page 38 of 223

Grain bins in a Saskatchewan field. (MysticEnergy/iStock/Getty Images)

Less Canadian wheat, more canola on hand to end 2023: StatCan

Some had anticipated even larger on-farm canola stocks, given slower export pace

Canadian wheat stocks at the end of 2023 were considerably tighter compared to the previous year, with oats, corn and pulse crops also seeing supply reductions, according to the latest stocks report from Statistics Canada, released Feb. 8, 2024. However, canola, barley and soybean stocks as of Dec. 31, 2023, were higher compared to the previous year.

Markets

Canadian grain exports a mixed bag in December

Top three canola importers bought less, U.S. bought more

By Glen Hallick, GFM Network News February 7, 2024

While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.

Canola, Markets

Funds still sitting on large net short position in canola

Soybeans' net short position increased by about 5,000 contracts

By Phil Franz-Warkentin, GFM Network News February 5, 2024

The large net short position in canola futures held relatively steady during the week ended Jan. 30, with speculative traders making only minor adjustments, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Markets

ICE Canada weekly outlook: Canola continues to be bearish

Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst

By Glen Hallick, GFM Network News February 1, 2024

Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.

Markets

Large fund short position in canola edges lower

Net short position in soybeans grew to its largest level in nearly four years

By Phil Franz-Warkentin, GFM Network News January 29, 2024

Managed money fund traders only made small adjustments to their large net short position in canola futures during the week ended Jan. 23, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Crops, Markets

ICE canola weekly outlook: Market stabilizing, but for how long?

Domestic crushers running at full capacity but export demand lacking

By Phil Franz-Warkentin, GFM Network News January 24, 2024

ICE Futures canola contracts continued to show some modest strength during the week ended Jan. 24, as the market stabilized above the lows hit earlier in the month. However, whether the uptrend continues or canola retreats to fresh lows remains to be seen.

Crops, Markets

Early signs point to increased crop production in 2024/25: AAFC

Rotation, moisture, expected prices, costs among main factors expected in seeding decisions

By Phil Franz-Warkentin, GFM Network News January 22, 2024

A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.

Reuters, Weather

Western Canada’s dry winter heralds worsening drought for 2024

Oil and gas, hydro, forestry, sports affected alongside agriculture

By Nia Williams, Reuters, Rod Nickel, GFM Network News January 16, 2024

Canada's abnormally dry winter is worsening drought conditions across the western provinces, where most of the country's oil, gas, forest products and grain are produced.

Markets

Speculative short position hits new record in canola

Soybeans hit largest net short position since March 2020

By Phil Franz-Warkentin, GFM Network News January 15, 2024

Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

General

FCC’s top economic charts to monitor in 2024

Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability

By Farm Credit Canada Economics, GFM Network News January 12, 2024

As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.

Daily Network News

Russia’s top agriculture official blames low global grain prices for export slowdown

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Canola

Less Canadian wheat, more canola on hand to end 2023: StatCan

Canadian grain exports a mixed bag in December

Funds still sitting on large net short position in canola

ICE Canada weekly outlook: Canola continues to be bearish

Large fund short position in canola edges lower

ICE canola weekly outlook: Market stabilizing, but for how long?

Early signs point to increased crop production in 2024/25: AAFC

Western Canada’s dry winter heralds worsening drought for 2024

Speculative short position hits new record in canola

FCC’s top economic charts to monitor in 2024

Canadian Cattlemen Presents: Depth of Field

Blogs

Cows ain’t coal

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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