Tight supplies could send old crop canola futures higher before the new crop harvest, but values were showing signs of running into resistance in early May.
ICE canola weekly outlook: ‘Toppy’ market watching weather
Squeeze possible for old crop
Seasonal outlook points to hot Canadian spring/summer
Warmer than normal temperatures are to be expected across most of Canada over the next three months, according to the latest long-range seasonal forecast from Environment and Climate Change Canada as of April 30.
Bird flu update: Study warns H5N1 could spark pandemic, urges preparation
The threat of H5N1 bird flu spreading to humans could spark another global pandemic, warned the Global Virus Network in a recent study calling for proactive measures to prevent widespread outbreaks.
CBOT weekly: ‘Soap opera’ keeps soybeans and corn under pressure
Attention turning to new crop
Soybean and corn futures at the Chicago Board of Trade trended lower in the last days of April, with little bullish news for either commodity as attention turns to the new crop and relatively favourable planting condition across the United States.
Speculative net long position grows in canola
Bullish bets rise
Speculative fund traders continue to add to their net long position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
CWRS bids dip with U.S. futures, CPSR firm
Spring wheat prices for week ended April 24
Hard red spring wheat bids in Western Canada moved lower during the week ended April 24, but other wheat varieties held firm despite losses in the United States futures.
Pulse weekly: Lentil/pea bids soften in Western Canada
Tariff uncertainty in background
Lentil and pea bids in Western Canada have softened over the past month, as all agricultural markets react to ongoing global trade uncertainty.
U.S. livestock: Cattle lower amid broad selling pressure
Cattle futures on the Chicago Mercantile Exchange were lower on Monday, retreating from early gains as the livestock markets found themselves caught up in the broad weakness triggered by threats from United States President Donald Trump to remove Federal Reserve chair Jerome Powell.
Cropland threatened by toxic metals: study
Up to 17 per cent of agricultural land at risk
Up to 17 per cent of cropland around the globe is contaminated by toxic metals, threatening agriculture and human health in the affected areas, according to new research published in the journal Science.
ICE canola weekly outlook: Tightening supplies supportive
Futures working to ration demand
ICE Futures canola contracts remained in a steady uptrend during the week ended April 16 despite the ongoing global tariff uncertainty, hitting their highest levels of the past year on a nearby weekly chart.