MarketsFarm — Domestic canola demand remained well ahead of exports in the latest Canadian Grain Commission report for the week ended Sunday — but revisions to data now show the […] Read more
Canola
CGC revises domestic canola usage downward
Funds shift to long side in soybeans, covering canola shorts
MarketsFarm — Fund traders moved to a small net long position in soybeans and reduced their overall short position in canola during the second week of January, according to the […] Read more
Supercluster backing canola protein production
The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, […] Read more
ICE weekly outlook: Canola off highs, rangebound
MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade […] Read more
DeKalb pulls two ‘inconsistent’ canolas off market
Up against an “inconsistency of grower experiences” with the seeds’ yields in 2019, Bayer Canada is yanking two of its DeKalb TruFlex canola hybrids from the market. DeKalb’s DKTF 92 […] Read more
Solid crush more than makes up for slow canola exports
MarketsFarm — Canada’s ongoing diplomatic dispute with China may be slowing canola exports, but the strong pace of the domestic crush is more than making up for any shortfall in […] Read more
Fund short-covering continues in canola, soybeans
MarketsFarm — Fund traders continued to exit short positions in soybeans and canola futures during the first week of 2020, according to the latest commitment of traders (CoT) report from […] Read more
ICE weekly outlook: Canola stronger at midweek
MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand […] Read more
ICE weekly outlook: Canola could break out of range
MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has […] Read more
China approves two new GM crops from U.S. for import
Beijing | Reuters — China approved two new genetically modified (GM) crops for import on Monday that could boost agricultural purchases from the United States, while renewing permits for 10 […] Read more
Cyber-Savvy Farmer
