Canola , Latest & Featured | Canadian Cattlemen

CGC revises domestic canola usage downward

MarketsFarm — Domestic canola demand remained well ahead of exports in the latest Canadian Grain Commission report for the week ended Sunday — but revisions to data now show the crush pace is not quite as active as reported earlier in the month. The original data for the week ended Jan. 5 showed domestic disappearance […] Read more

Canola, Crops, Markets

Funds shift to long side in soybeans, covering canola shorts

By Phil Franz-Warkentin 3 days ago

MarketsFarm — Fund traders moved to a small net long position in soybeans and reduced their overall short position in canola during the second week of January, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came […] Read more

Canola, Crops

Supercluster backing canola protein production

By GFM Staff 4 days ago

The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, federal Industry Minister Navdeep Bains announced the Protein Industries Canada (PIC) supercluster has approved a new $27.6 million project to breed high-protein canola hybrids for […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola off highs, rangebound

By Phil Franz-Warkentin 5 days ago

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual […] Read more

Canola, Crops

DeKalb pulls two ‘inconsistent’ canolas off market

By GFM Staff 5 days ago

Up against an “inconsistency of grower experiences” with the seeds’ yields in 2019, Bayer Canada is yanking two of its DeKalb TruFlex canola hybrids from the market. DeKalb’s DKTF 92 SC and DKTF 94 CR will not be available for 2020, Bayer said. Canola growers who have already booked those seeds for this spring are […] Read more

Canola, Crops, Markets

Solid crush more than makes up for slow canola exports

By Phil Franz-Warkentin January 12, 2020

MarketsFarm — Canada’s ongoing diplomatic dispute with China may be slowing canola exports, but the strong pace of the domestic crush is more than making up for any shortfall in international business. The Canadian Grain Commission reported total domestic disappearance of canola during the crop-year-to-date of just over 4.8 million tonnes, as of Sunday (Jan. […] Read more

Canola, Crops, Markets

Fund short-covering continues in canola, soybeans

By Phil Franz-Warkentin January 10, 2020

MarketsFarm — Fund traders continued to exit short positions in soybeans and canola futures during the first week of 2020, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 33,243 contracts, a decrease […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola stronger at midweek

By Marlo Glass – MarketsFarm January 8, 2020

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with heightened geopolitical tension in the […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola could break out of range

By Glen Hallick - MarketsFarm January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has […] Read more

Canola, Markets

Canadian canola crush up 8.5 per cent on year-to-date

By Glen Hallick - MarketsFarm December 23, 2019

MarketsFarm – Canada’s canola crush is running well ahead of the year ago pace, according to the latest data from Statistics Canada. Four months into the 2019/20 marketing year, which began Aug. 1, more than 3.3 million tonnes of canola have been crushed, according to the report released Dec. 19. That’s a jump of 8.5 […] Read more

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Canola

CGC revises domestic canola usage downward

Funds shift to long side in soybeans, covering canola shorts

Supercluster backing canola protein production

ICE weekly outlook: Canola off highs, rangebound

DeKalb pulls two ‘inconsistent’ canolas off market

Solid crush more than makes up for slow canola exports

Fund short-covering continues in canola, soybeans

ICE weekly outlook: Canola stronger at midweek

ICE weekly outlook: Canola could break out of range

Canadian canola crush up 8.5 per cent on year-to-date

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