(FIle photo by Allan Dawson)

Grains sector continues to welcome transport legislation

CNSC – Accolades from producer groups and others in the grain industry continue to roll in for the federal government’s upcoming transportation legislation. The planned measures were outlined this week by Marc Garneau, the federal transportation minister, in a speech in Montreal. The new legislation will allow reciprocal penalties in service level agreements between railway […] Read more



(Dave Bedard photo)

ICE weekly outlook: Canola faces supply questions

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as persistent weather problems in Western Canada and gains in world vegetable oil markets provided support. “The most important variable for the canola market is trends in the global vegetable oil markets,” said Mike Jubinville of ProFarmer Canada, noting tight […] Read more

(Photo courtesy Canola Council of Canada)

Damp, tough canola at risk for spoilage

Some Prairie canola growers may now be able to get back to their unharvested canola, but the Canola Council of Canada warns that tough or damp canola can still be volatile, even at cooler outdoor temperatures. The Saskatchewan agriculture ministry on Wednesday reported “a few” growers in the province’s southeast were out harvesting canola last […] Read more






Canola technicals rangebound

CNS Canada –– ICE Futures Canada canola contracts may have seen some weather-related strength over the past week, but technical signals remain relatively flat overall. The November contract settled Friday at $469.80 per tonne, nearing the high end of a corkscrew pattern — a series of higher lows and lower highs — going back over […] Read more


(Dave Bedard photo)

ICE weekly outlook: Harvest to keep market rangebound

CNS Canada — ICE Futures Canada canola contracts have a softer tone, but are likely to stay rangebound in the short term, one analyst says. “We’re not looking for a significant breakout,” said Jerry Klassen, manager of Canadian operations with Swiss-based GAP SA Grains and Produits in Winnipeg. He pegged canola’s short-term range between $450 […] Read more