MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, moving back toward the contract highs hit in September. Canola is pushing upside chart limits and modest […] Read more
Canola

ICE weekly outlook: ‘Demand-pull’ environment supports canola

Cargill launches regenerative agriculture program
The company is the latest to push improved soil practices to meet its consumer commitments
Cargill plans to have an impact on regenerative agriculture practices on 10 million acres in North America. The company recently announced plans to meet its climate commitments. Cargill will focus […] Read more

U.S. oil refiners press on renewable diesel for Canadian market
Few such projects seen moving forward within Canada
Winnipeg/New York | Reuters — U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own […] Read more

Wheat, canola exports ahead of year-ago pace
MarketsFarm — Canadian grain and oilseed exports are running well ahead of the year-ago level eight weeks into the 2020-21 marketing year, according to the latest data from the Canadian […] Read more

Funds still holding large net long position in canola
MarketsFarm — Funds’ net long position in canola remained large during the week ended Tuesday, with only small adjustments in the latest commitment of traders (CoT) report from the U.S. […] Read more

ICE weekly outlook: Canola rebounds on U.S. futures support
MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived […] Read more

AAFC lowers wheat carryout estimate, raises canola
MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada call for tighter wheat carryout for the 2020-21 crop year than previous forecast — and more canola. Tursday’s […] Read more

Canada not benefiting from CETA, Bibeau says
Ex-premiers write to Ottawa with critique of EU's continued trade barriers
Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new […] Read more

ICE weekly outlook: Canola backs off two-year highs
MarketsFarm — ICE Futures canola contracts have shown weakness in recent trading sessions, after hitting two-year highs last week. The November canola contract, which closed Sept. 16 at $530.20 per […] Read more

Funds’ net long keeps growing in canola
MarketsFarm — The fund net long position in canola continued to climb higher during the week ended Tuesday, as speculators continued to add to their bullish bets in the market, […] Read more