(Dave Bedard photo)

ICE weekly outlook: Weather still key for canola

CNS Canada –– The ICE Futures Canada canola market moved lower during the week ended Wednesday, as speculators took profits on a recent rally that saw values hit fresh contract highs. Spillover pressure from the declines in Chicago soybean futures was also bearish for values. There were some reports of improving weather conditions for the […] Read more






(Photo courtesy Canola Council of Canada)

Canola crush margins keep dropping

CNS Canada — Canola crush margins remain in free-fall as canola seed becomes more and more expensive relative to the product values. “They’re not deteriorating, they’re flat-out disintegrating,” said a canola trader, pointing to the $20 drop over the past week alone. Crush levels have only been lower than they are now a couple times […] Read more




(Dave Bedard photo)

ICE weekly outlook: New-crop canola to break $500

CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, rebounding after the November contract hit support levels earlier on Monday. With recent drought and frost in Western Canada, canola ending stocks are expected to be very tight at the end of 2015-16, which is supporting prices and could […] Read more