ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola gives back gains at midweek

MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. Keith Ferley of RBC Dominion […] Read more



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

Canada’s canola crush down slightly in August

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush was the second most so […] Read more

ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola watching pre-harvest weather

MarketsFarm — ICE canola futures held rangebound during the week ended Wednesday, with uncertainty over new-crop production likely to keep some caution in the market over the next few weeks. “Canola is very attractively priced right now,” said Ken Ball of PI Financial in Winnipeg, noting crush margins have improved significantly in recent weeks to […] Read more





(Dave Bedard photo)

Canola crush margins deteriorate

CNS Canada — Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit margins. As of Monday, the Canola Board Crush Margin calculated by ICE Futures Canada was about $44 above […] Read more




ICE weekly outlook: Canola rides soymeal wave higher

CNS Canada — ICE Futures Canada canola contracts rode the coattails of a surging soymeal market during the week ended Wednesday, but one big rain in Argentina could halt the rally in its tracks. “If there’s more rain in the forecast we will lose ground,” said Mike Jubinville of ProFarmer Canada. “The attitude is the […] Read more