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Canola


ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, purple and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Rising canola prices hit a one-day thud

"There's a day where we need to take a pause"

By Adam Peleshaty October 5, 2022
MarketsFarm — ICE Futures canola rose like Icarus over the past few weeks, but just like that Greek mythological figure, it flew too high, only to come back down to […] Read more

(Photo courtesy Canola Council of Canada)
Crops

Alberta RCMP spike grain truck to recover canola

Two suspects arrested, charged

By Dave Bedard October 5, 2022
RCMP in central Alberta say they’ve recovered a “significant amount” of canola and arrested and charged two people after a grain truck suspected in an alleged canola theft was halted […] Read more

ICE November 2022 canola (candlesticks) with 20-day moving average (yellow line, right column) and NYMEX November 2022 West Texas intermediate crude (black line, left column). (Barchart)
Crops, Markets

ICE weekly outlook: Canola shouldn’t fall hard

Loonie keeping oilseed off sharper decline

By Glen Hallick September 28, 2022
MarketsFarm — As Malaysian palm oil futures tumbled to 20-year lows during the week of Sept. 26, they have put a lot of pressure on canola prices, analyst Errol Anderson […] Read more

(Alfio Manciagli/iStock/Getty Images)
Crops, Markets

Canadian wheat, canola stocks projections revised higher

By Phil Franz-Warkentin September 27, 2022
MarketsFarm — Canadian wheat and canola ending stocks for the 2022-23 crop year are forecast to end up above earlier projections, according to updated supply/demand estimates from Agriculture and Agri-Food […] Read more

ICE November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Seasonal upturn possible for canola

'Good underlying support' seen in futures

By Phil Franz-Warkentin September 21, 2022
MarketsFarm — ICE Futures canola contracts may soon be due for a seasonal turn higher as harvest pressure subsides and prices should be looking very attractive to end users. However, […] Read more


(Viterra.ca)
Crops, Markets

Farmers’ wheat, canola deliveries picking up in West

Commercial canola stocks increase

By Phil Franz-Warkentin September 17, 2022
MarketsFarm — The advancing Prairie harvest has seen an increase in farmer deliveries of grains and oilseeds into the commercial pipeline, according to the latest weekly data from the Canadian […] Read more

ICE November 2022 canola (candlesticks) with 100-day moving average (green line) and Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Canola futures continue trending lower

By Phil Franz-Warkentin September 14, 2022
MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, but the general trend remains pointed lower. “Whenever canola rebounds, it doesn’t go as high,” […] Read more

(Dave Bedard photo)
Crops, Markets

StatCan’s canola call in line with expectations

Agency also boosts wheat projection

By Glen Hallick September 14, 2022
MarketsFarm — While Statistics Canada (StatCan) cut its projection for canola production in 2022-23 by 400,000 tonnes, FarmLink Marketing Solutions senior analyst Neil Townsend said the number could go lower. […] Read more


(Dave Bedard photo)
Crops, Markets

Funds add to bearish bets in canola

By Phil Franz-Warkentin September 10, 2022
MarketsFarm — The speculative net short position in the ICE Futures canola market grew during the week ended Tuesday, as fund traders added more bearish bets, according to the latest […] Read more

(Dave Bedard photo)
Crops, Markets

Ending stocks tumble due to drought: StatCan

Canola stocks are below 'pipeline levels'

By Adam Peleshaty September 8, 2022
MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of […] Read more

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