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Canola


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

ICE weekly outlook: How long can canola rally last?

By Glen Hallick August 27, 2020
MarketsFarm — Canola on ICE Futures has continued to push higher over the last week largely due to the growing strength in soyoil on the Chicago Board of Trade. “We […] Read more

(Dave Bedard photo)
Crops, Markets

Canola crop expectations vary ahead of StatsCan report

By Marlo Glass August 27, 2020
MarketsFarm — Statistics Canada is due to publish its first production estimates for Canada’s 2020 growing season on Monday (Aug. 31). Late-season hot temperatures and a lack of rain may […] Read more

(Brazzo/iStock/Getty Images)
Crops, Markets

Canola crush down, soy crush up, StatsCan reports

By MarketsFarm Team August 26, 2020
MarketsFarm — The amount of canola crushed in July was down compared to June’s crush, while there was an increase in the amount of soybeans crushed, according to Statistics Canada. […] Read more

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola steady at midweek

By Marlo Glass August 20, 2020
MarketsFarm — Canola contracts at ICE Futures showed strength earlier in the week, due to comparable strength in Chicago soyoil. “Bean oil is keeping it firm,” said Ken Ball of […] Read more

An artists’ rendition of the Merit Functional Foods plant under construction in Winnipeg. (Meritfoods.com)
Crops

Plant-protein processor’s new processing plant gets grant

Feds, province put up cash for new equipment

By Dave Bedard August 18, 2020
The federal and Manitoba governments have added a seven-figure contribution to their support for a new facility to process plant proteins from canola and peas. Merit Functional Foods will put […] Read more


(Photo courtesy Canola Council of Canada)
Crops, Markets

U.S. investor to buy Prairie canola ‘streaming’ firm

All-cash deal offers $97.5 million for Input Capital

By Dave Bedard August 13, 2020
A U.S. investor has stepped forward with an all-cash bid for the Regina company that brought “streaming” to the Prairie canola marketing business. Input Capital, which in February last year […] Read more

ICE November 2020 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Canola facing resistance ahead of harvest

By Phil Franz-Warkentin August 13, 2020
MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, signalling that the top may be in for the time being as the harvest […] Read more

File photo of a cooking oil bottling line in Spain. (Sabor de España/iStock/Getty Images)
Crops, Markets

Canadian canola prices spike as shippers find back door to China

'Profits are extravagant... It is like gold oil now'

By Hallie Gu, Rod Nickel August 10, 2020
Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to […] Read more


(Dave Bedard photo)
Crops, Markets

Managed money’s net long position grows in canola

By Phil Franz-Warkentin August 7, 2020
MarketsFarm — Fund traders remained on the buy side in canola in early August, adding to their recently established net long position, according to the latest commitment of traders (CoT) […] Read more

(Kat72/iStock/Getty Images)
Crops, Markets

Canola exports top 10 million tonnes in 2019-20

By MarketsFarm Team August 7, 2020
MarketsFarm — Total Canadian canola exports during the 2019-20 crop year were up nine per cent on the year, and slightly above the five-year average, according to the latest weekly […] Read more

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