Canola , Latest & Featured - Canadian Cattlemen

Canola climbs from bottom to top of chart in week

By Phil Franz-Warkentin July 4, 2017

CNS Canada –– The ICE Futures Canada November canola contract has rallied by more than $30 in a matter of days, jumping past a number of key chart points in the process. The futures are nearing major resistance from a technical standpoint. The November contract, which has held in a $40 range from $472 to […] Read more

Canola, Crops, Markets

ICE weekly outlook: New-crop uncertainty supports canola

By Phil Franz-Warkentin June 28, 2017

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, despite a softer tone in the Chicago soy market, as tight old-crop supplies and chart-based buying supported the Canadian oilseed. Statistics Canada releases its updated acreage estimates on Thursday, and any surprises in the data could provide some nearby direction […] Read more

Canola, Crops, Markets

Crude oil bearishness seeps into canola market

By Dave Sims June 23, 2017

CNS Canada — The falling price of crude oil is a bearish force weighing on many agricultural commodities, including canola, according to a Prairie market analyst. “Crude oil has been a driver of this weakness,” said Errol Anderson, president of ProMarket Communications in Calgary. In the past month, crude oil dropped roughly US$9 per barrel […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola headed down, looking for spark

By Phil Franz-Warkentin June 21, 2017

CNS Canada — ICE Futures Canada canola contracts were up and down during the week ended Wednesday, with the bias turning lower as losses in outside markets weighed on values. Canola lost $10 in two days, with a slide in soyoil and crude oil futures behind some of the spillover weakness. “We’re not getting any […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola looks to stay below $500

By Dave Sims June 14, 2017

CNS Canada — ICE Futures Canada canola contracts are facing some bearish weather conditions as more rain is expected to fall across parched regions of the Prairies. During the week ended Wednesday, most canola contracts posted losses. The dominant November contract fell $7.80, to $489.60. The lone exception was the nearby July contract, which eked […] Read more

Canola, Crops

Syngenta exits canola seed business

By Canadian Cattlemen Staff June 13, 2017

Canola growers checking out Syngenta Canada’s 2018 seed guide for Western Canada will notice canola by its absence. Syngenta, which entered the Prairie canola seed market in 2013 and by this spring had six hybrid varieties on offer, said in a statement it has “recently taken the decision to exit the canola seed business.” The […] Read more

Canola, Crops, Markets

ICE weekly outlook: Uncertainty to underpin canola in short term

By Jade Markus June 7, 2017

CNS Canada — ICE Futures Canada canola futures advanced on the week and are likely to keep near-term support, one analyst says, as traders mull over the question: Just how much canola is out there? “There’s still a lot of uncertainty about canola numbers; we’re still not certain about how big the last crop was; […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Visible canola stocks tightest in nearly three years

By Phil Franz-Warkentin June 2, 2017

CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted the previous week and represent […] Read more

Canola, Crops, Markets

ICE weekly outlook: More losses likely for bearish canola

By Phil Franz-Warkentin May 31, 2017

CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be headed even lower, as bearish technicals and weakness in global economic markets outweigh supportive fundamentals. “We’re going into a seasonally slower demand period,” said Errol Anderson of ProMarket Communications. A downgrade of China’s credit by Moody’s […] Read more

Canola, Corn, Crops, Reuters

Conagra to sell Wesson oil brand to Smucker

By Reuters May 30, 2017

Reuters — Packaged food maker Conagra Brands said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J.M. Smucker Co. for about US$285 million. Conagra will continue to manufacture products sold under the Wesson brand for up to one year following the close, after which Wesson will be merged into […] Read more

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U.S. grains: Soybeans, corn fall on harvest pressure

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National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Canola

Canola climbs from bottom to top of chart in week

ICE weekly outlook: New-crop uncertainty supports canola

Crude oil bearishness seeps into canola market

ICE weekly outlook: Canola headed down, looking for spark

ICE weekly outlook: Canola looks to stay below $500

Syngenta exits canola seed business

ICE weekly outlook: Uncertainty to underpin canola in short term

Visible canola stocks tightest in nearly three years

ICE weekly outlook: More losses likely for bearish canola

Conagra to sell Wesson oil brand to Smucker

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