Canola Archives - Page 39 of 223

Sask. canola, flax groups vote to merge

SaskCanola and SaskFlax have been sharing offices, admin for about a year

By Geralyn Wichers, GFM Network News January 11, 2024

Producer support for the merge of SaskCanola and SaskFlax was "overwhelming," the groups said in a Jan. 10 news release. The organizations held a joint annual general meeting to share results of member feedback before taking the issue to a vote. The vote passed with "widespread approval," the release said.

“Pods can look dramatically different, either riper or less ripe, than the actual seeds, so we need to be cracking open those pods and looking at the seeds.”
Photo: Greg Berg

Crops, Markets

ICE canola weekly outlook: Possible support uncovered

Chicago soyoil has shown some stability, underpinning canola

By Phil Franz-Warkentin, GFM Network News January 10, 2024

The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.

Canola plants in flower in a field north of Lorette, Man. on July 20, 2022. (Dave Bedard photo)

Markets

ICE weekly outlook: More room to the downside for canola

Vegetable oil markets also became weaker

By Adam Peleshaty - MarketsFarm, GFM Network News January 3, 2024

Even though selling activity for canola could be slowing down, according to an analyst, there are too many bearish indicators to predict a boost to prices.

Markets

Funds holding large net short in canola heading into 2024

Corn traders were covering shorts and putting on some new longs as New Year rolled in

By Phil Franz-Warkentin, GFM Network News January 2, 2024

The net short position in canola futures was sitting near its largest levels on record to end 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Crops, Markets

ICE weekly outlook: No reason for strong rally in canola

Canola likely to pull back once trading gets back into full swing in New Year

By Glen Hallick, GFM Network News December 27, 2023

There were strong gains for canola on the Intercontinental Exchange on Dec. 27, as trading resumed after being closed for Christmas and Boxing Day. However, the gain will likely not be the prelude to a major upswing in the oilseed’s prices. Rather, canola is likely to pull back once trading gets back into full swing after the New Year, according to analyst Bruce Burnett of MarketsFarm.

Azure Sustainable Fuels Corp. president and CEO Douglas Cole speaks at a news conference at the Manitoba Legislature on Dec. 19 as Manitoba agriculture minister Ron Kostyshyn looks on. Photo: Don Norman.

General, Markets

Manitoba earmarks funds for sustainable aviation fuel plant

The facility may produce as much as one billion litres of canola and soy-based jet fuel

By Geralyn Wichers, GFM Network News December 19, 2023

Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added.

Crops, Markets

Speculative net short position in canola hits new record

CBOT long liquidation saw the net long position in soybeans dip

By Phil Franz-Warkentin, GFM Network News December 18, 2023

The net short position in canola futures climbed to a new record large level in mid-December, as speculators added to their bearish bets for the second week in a row, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Crops, General, Markets

AAFC raises canola, wheat ending stocks forecasts

Pea, barley carryout estimates raised, lentils cut in half

By Phil Franz-Warkentin, GFM Network News December 15, 2023

Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.

Crops, Markets

ICE weekly outlook: Drifting market in need of outside support

South America growing conditions likely price driver in soy markets for next months

By Phil Franz-Warkentin, GFM Network News December 13, 2023

The ICE Futures canola market remained under pressure heading into the New Year, lacking any significant supportive news of its own that could spark a move higher.

Markets

Funds back adding to shorts in canola after month of covering

Corn traders were on the other side of the market

By MarketsFarm, Phil Franz-Warkentin, GFM Network News December 11, 2023

After a month of covering short positions, fund traders were back adding to their bearish bets to start December, with the net short position in the oilseed growing by roughly 13,000 contracts, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Daily Network News

U.S. livestock: Cattle futures spike, hogs mixed

U.S. grains: Soybean ease on harvest pressure, competition from Brazil

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

Canola

Sask. canola, flax groups vote to merge

ICE canola weekly outlook: Possible support uncovered

ICE weekly outlook: More room to the downside for canola

Funds holding large net short in canola heading into 2024

ICE weekly outlook: No reason for strong rally in canola

Manitoba earmarks funds for sustainable aviation fuel plant

Speculative net short position in canola hits new record

AAFC raises canola, wheat ending stocks forecasts

ICE weekly outlook: Drifting market in need of outside support

Funds back adding to shorts in canola after month of covering

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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