Canola , Latest & Featured - Canadian Cattlemen

Bunge canola plant damaged in fire

By Canadian Cattlemen Staff August 3, 2016

U.S. agrifood processor Bunge is sizing up damage to its canola crushing plant at Nipawin in northeastern Saskatchewan after a fire in one of its buildings Tuesday. According to local media, firefighters were called to the plant late Tuesday afternoon and fought a fire at the site until after midnight. Scott Roblin of the Nipawin […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola sitting right above support

By Phil Franz-Warkentin August 3, 2016

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but held above major support as prices remain relatively cheap compared to other oilseeds. Fund traders adding to short positions were behind much of the weakness in canola, although traders said the net short position was reaching the point that […] Read more

Canola, Crops

Proposed Chinese canola dockage rules worry Canadian industry

By Dave Sims July 26, 2016

Commodity News Service Canada – It’s a nervous time for Canada’s canola industry as it lobbies the Chinese government over a plan to impose new dockage rules on imports of Canadian canola on Sept. 1. That’s when China’s quarantine agency, AQSIQ, says the dockage allowances for Canadian canola will be pegged at one per cent, down […] Read more

Canola, Crops

Five reasons to hold off on swathing canola

When exactly is the right time to cut that swath? Here are the reasons to wait

July 19, 2016

According to Angela Brackenreed, agronomy specialist with the Canola Council of Canada, there’s been a real shift in the industry when it comes to canola swath timing. “I think there’s a much better understanding of the economics and yield benefit of waiting to swath,” she says. “My impression is that the early swathing that happens is done[...]
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Canola, Crops, Markets

ICE weekly outlook: Weather market ahead

By Jade Markus July 13, 2016

CNS Canada — ICE Futures Canada canola prices edged up on the week, propped up by soggy Prairie fields and the anticipation for warm, dry weather in the U.S. Going forward, the market will be dominated by fund trading and weather-watching. “Funds are net short right now, and that’s something different, because we’ve rallied back[...]
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November 2016 canola at close on July 7, 2016. The single red line tracks the 200-day moving average. (Barchart.com)

Canola, Crops, Markets

Canola drops hard, nearing major chart support

By Phil Franz-Warkentin July 7, 2016

CNS Canada — ICE Futures Canada canola contracts fell below nearby chart support on Thursday, hitting their softest levels in four months. There is more room to the downside, but the market is also looking oversold. Fund traders were noted sellers on the move down, liquidating long positions and possibly moving to the short side[...]
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Canola, Crops, Markets

ICE weekly outlook: Canola looks for bounce-back

By Dave Sims July 6, 2016

CNS Canada –– ICE Futures Canada canola contracts sunk lower during the week ended Wednesday, pressured by fund selling and a drop in the U.S. soy complex. However, there could be some relief in sight, as the market looks to correct itself. “Funds coming into this week were huge, longs in soybeans and corn; they’re[...]
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Canola, Crops, Markets

ICE weekly outlook: Canola clawing back from sharp losses

By Phil Franz-Warkentin June 29, 2016

CNS Canada — ICE Futures Canada canola contracts were slowly clawing their way back after dropping to their weakest levels in three months over the past week. The market likely has more room to the upside, although weather conditions will be a major factor driving prices through the summer months. “Canola was ridiculously cheap relative[...]
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Canola, Crops, Markets

ICE weekly outlook: Room for additional downside in canola

By Jade Markus June 23, 2016

CNS Canada –– ICE Futures Canada canola contracts moved lower on the week, and the market’s declines are likely not finished yet, one analyst says. Canola lost $42.90 in the July contract and $35.60 in the November contract in the week ended Wednesday, as a rout of fund selling pressured the market. “I think we’ve[...]
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November 2016 canola as of June 21, 2016. Chart includes 100-day (red) and 200-day (green) moving averages. (Barchart.com)

Canola, Crops, Markets

Canola charts turn bearish

By Phil Franz-Warkentin June 21, 2016

CNS Canada — ICE Futures Canada canola contracts have crashed hard the past few days, losing roughly $40 per tonne since hitting some of their highest levels of the past year the previous week, as speculators bailed out of long positions. The most active November contract settled at $493.60 per tonne on Tuesday, its weakest[...]
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Prairie forecast: Transition from warm to cool brings chances for rain

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

U.S. livestock: Hog futures slide in technical correction

Daily Network News

Prairie forecast: Transition from warm to cool brings chances for rain

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

U.S. livestock: Hog futures slide in technical correction

Canola

Bunge canola plant damaged in fire

ICE weekly outlook: Canola sitting right above support

Proposed Chinese canola dockage rules worry Canadian industry

Five reasons to hold off on swathing canola

ICE weekly outlook: Weather market ahead

Canola drops hard, nearing major chart support

ICE weekly outlook: Canola looks for bounce-back

ICE weekly outlook: Canola clawing back from sharp losses

ICE weekly outlook: Room for additional downside in canola

Canola charts turn bearish

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