Canola , Latest & Featured - Canadian Cattlemen

Bullish canola futures hit new highs

By Phil Franz-Warkentin May 10, 2016

CNS Canada –– Both old- and new-crop canola contracts traded on the ICE Futures Canada platform climbed to new highs on Tuesday, with a bullish reaction to U.S. supply/demand data providing the catalyst for the rally. The most active July futures touched a session high of $544.60 per tonne, before settling Tuesday at $532.30. The […] Read more

Canola at the cotyledon stage. (Photo courtesy Canola Council of Canada)

Canola, Crops, Weather

Canola to get early test as Prairies brace for frost

By Dave Sims May 9, 2016

CNS Canada — Overnight lows of -2 or -3 C are expected across much of Saskatchewan by Wednesday or Thursday, according to Environment Canada forecasts. The colder temperatures are expected to make their way into Manitoba by Friday. That could put some stress on canola plants that have already emerged, according to industry watchers. “As […] Read more

Canola, Crops, Weather

Seeding canola into dry soils not out of question: CCC

By Canadian Cattlemen Staff May 5, 2016

Seeding now rather than waiting for rain may be a viable option for Prairie canola growers looking out on dry fields without much chance of precipitation, the Canola Council of Canada suggests. Facing temperatures in the mid-30s C, and soil moisture down at about the one- to two-inch mark, a few Prairie growers on social […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola hits $500, watching volumes

By Dave Sims May 4, 2016

CNS Canada — ICE Futures Canada canola contracts seem to have found a new range during the week ended Wednesday, with both the July and November contracts lifting around the $500 per tonne mark. Weakness in the Canadian currency and a dry weather premium in Western Canada were behind a lot of the support. As […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Weekly canola crush hits yearly low

By Phil Franz-Warkentin April 29, 2016

CNS Canada — Canada’s weekly canola crush dropped sharply over the week ended Wednesday, but some of the decline is likely tied to an overstatement of what was processed the previous week. The weekly canola crush came in at only 110,909 tonnes, which compares with 180,078 tonnes the previous week, according to data from the […] Read more

Canola, Crops, Markets

ICE weekly outlook: Still room higher for canola

By Phil Franz-Warkentin April 27, 2016

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, with the biggest gains in the front months. While the market ran into some resistance on Wednesday, there is still more room to the upside from both a chart and fundamental perspective. “We’re still in an upward trend; we haven’t […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola watching acreage numbers

By Dave Sims April 20, 2016

CNS Canada — ICE Futures Canada canola contracts rose during the week ended Wednesday, as strong advances in U.S. soy overpowered resistance cast on the market by the stronger Canadian dollar. The canola market “was able to get some support from the soy action but the Canadian dollar has taken most of it away… it’s […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola wary of soybean rally

By Phil Franz-Warkentin April 13, 2016

CNS Canada — ICE Futures Canada canola contracts moved lower overall during the week ended Wednesday, as the bearish influence of the rising Canadian dollar countered any spillover support from gains in CBOT soybeans. CBOT soybeans climbed sharply over the course of the week. However, the Canadian dollar has also posted solid gains over the […] Read more

Canola, Crops, Markets, Reuters

China may pay more for canola if standard changes

By Rod Nickel April 7, 2016

Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for no more than one per […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola ebbs, flows in wide range

By Phil Franz-Warkentin April 6, 2016

CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer Canada, adding that “there’s a […] Read more

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Canola

Bullish canola futures hit new highs

Canola to get early test as Prairies brace for frost

Seeding canola into dry soils not out of question: CCC

ICE weekly outlook: Canola hits $500, watching volumes

Weekly canola crush hits yearly low

ICE weekly outlook: Still room higher for canola

ICE weekly outlook: Canola watching acreage numbers

ICE weekly outlook: Canola wary of soybean rally

China may pay more for canola if standard changes

ICE weekly outlook: Canola ebbs, flows in wide range

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