(Dave Bedard photo)

Fund short position in canola dips to four-month low

Net long increases in CBOT soybeans

MarketsFarm — Speculators were busy covering short positions and putting on some fresh longs in the canola market during the week ended Nov. 1. That lowered the net short position in the ICE Futures canola market to its smallest level since the beginning of July, according to the latest Commitment of Traders (CoT) report compiled […] Read more

Garner Deobald’s Charolais heifers eat canola meal from a trough during his work with the canola meal research project.

Canola meal for cattle. What are the gains?

An on-ranch research project analyzes the costs and gains of feeding canola meal to yearlings

Hodgeville, Sask., looks like it could be a postcard for the province — surrounded by flat fields and cattle grazing in nearby pastures, while an old elevator stands watch at the edge of town on Railroad Avenue, just like so many other small towns in the Canadian Prairies.   In contrast, Big Muddy Valley, located near […] Read more





ICE January 2023 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (black line). (Barchart)

ICE weekly outlook: Canola sees choppy, sideways month-end trade

Wide crush margins remain bullish

MarketsFarm –– ICE Futures canola contracts held within a narrow range during the week ended Wednesday, lacking any clear direction with the rolling of positions out of the nearby November contract ahead of its expiry behind much of the trade volumes. “We’re stuck a little rangebound here,” a Winnipeg-based trader said of the sideways activity, […] Read more

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

Prairie-wide canola variety trial program ending

'Current format' of CPT concludes: commissions

The sun is about to set on the current Prairie-wide canola variety evaluation program run by the three Prairie provinces’ canola grower commissions. SaskCanola, the Alberta Canola Producers Commission and the Manitoba Canola Growers Association announced Monday that 2022 is the final year of the Canola Performance Trials (CPT) “in its current format.” “Going forward, […] Read more


ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Canola’s wide crush margins supportive

MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, but historically wide crush margins should keep the market well supported going forward. “The crush margins are unsustainably high,” said Ken Ball of PI Financial in Winnipeg, pointing to margins that currently work out to over $200 per tonne […] Read more



ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, purple and black lines). (Barchart)

ICE weekly outlook: Rising canola prices hit a one-day thud

"There's a day where we need to take a pause"

MarketsFarm — ICE Futures canola rose like Icarus over the past few weeks, but just like that Greek mythological figure, it flew too high, only to come back down to Earth. After the November canola contract rose in seven of its last eight sessions — in the middle of harvest, no less — and gained […] Read more