MarketsFarm — ICE Futures canola contracts climbed to their strongest levels in two years during the week ended Wednesday, but could be nearing their highs for the time being as […] Read more
Canola

ICE weekly outlook: Canola futures at two-year highs

Establishing winter canola
Look at herbicide history, soil type and planting date to get canola growing well
Winter canola seed sales have been strong and Ontario acres in 2020 are expected to be higher than ever before. Why it matters: While research on the crop has been […] Read more

Fund long position in canola hits new record
MarketsFarm — Fund traders added to their sizeable long positions in canola during the week ended Tuesday (Sept. 8), hitting the largest net long position in the two years of […] Read more

Statistics Canada trims wheat production estimate
Lentil crop estimate up from August
MarketsFarm — Canadian farmers grew less wheat in 2020-21 than earlier thought, according to updated production estimates Statistics Canada released Monday. However, the country’s wheat crop would still be the […] Read more

ICE weekly outlook: Canola shows volatility after long weekend
MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell […] Read more

Fund traders add to net long in canola, soybeans
MarketsFarm — Fund traders remain bullish on soybeans and canola, adding to their net long positions in the two oilseeds, according to the latest commitment of traders (CoT) report from […] Read more

StatsCan stocks report shows lower lentils, durum, canola
Lentil supply picture 'extremely tight'
MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down […] Read more

ICE weekly outlook: Rising canola market watches harvest
MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as […] Read more

Wheat crop to be second-largest on record, StatsCan predicts
Canola estimate at lower end of trade predictions
MarketsFarm — Canada’s farmers will have grown their second-largest wheat crop on record in 2020, according to the first production estimates of the year from Statistics Canada, as released Monday. […] Read more

Bunge buys into canola, pea protein maker Merit
Agribusiness giant takes quarter stake in processor
One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods […] Read more