canola futures Archives

Poor growing conditions this year in the EU may create a greater opportunity for Canadian producers to sell their commodities overseas. Photo: FIle

Bearish speculative bets rise in canola futures

By Phil Franz-Warkentin December 9, 2024

Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Markets, News

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

By Mei Mei Chu, Naveen Thukral, Reuters December 5, 2024

Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.

Markets

ICE Weekly: StatCan report puts a stop to canola’s rally

By Adam Peleshaty August 28, 2024

Canola prices at the Intercontinental Exchange (ICE) were on the rise for most of the week ended Aug. 28, until the release of Statistics Canada’s (StatCan) production estimates for the 2024-25 crop year on Aug. 28.

Markets

ICE Canada Weekly: Little confidence in AAFC, StatCan reports

By Glen Hallick - MarketsFarm August 21, 2024

There is skepticism in the trade towards the latest numbers from Agriculture and Agri-Food Canada and those to come from Statistics Canada on Aug. 28, according to broker Ken Ball of Ventum Financial in Winnipeg.

Markets

ICE canola weekly: Dropping with soy complex

By Phil Franz-Warkentin August 14, 2024

The ICE Futures canola market fell sharply lower during the week ended Aug. 14, hitting its lowest levels since 2020 as rising soybean production estimates out of the United States weighed on values.

Markets

Canadian markets ignoring any weather woes for now

By Phil Franz-Warkentin August 8, 2024

Heat and a lack of moisture in parts of Western Canada likely cut into production prospects this year. However, any weather concerns have yet to find their way into the markets, with solid production prospects out of the United States weighing on values overall.

Markets

ICE Weekly: Canola could go lower despite correction

By Adam Peleshaty August 7, 2024

Canola futures at the Intercontinental Exchange (ICE) followed the lead of vegetable oils during the first trading week of August, posting sharp losses despite seeing a modest correction on Aug. 7.

Markets

ICE Weekly: Canola downturn could last longer

By Adam Peleshaty July 31, 2024

The Intercontinental Exchange (ICE) Futures canola market tried to salvage what it can at the end of July after a sharp downturn in prices over the past week.

Crops, Markets

ICE Canada Weekly: Attention on canola to soon turn from yields to demand

By Glen Hallick - MarketsFarm July 24, 2024

At this time there have yet to be any firm estimates as to what canola yields on the Canadian Prairies are most likely to be. However, once those start rolling in, the canola market will shift towards demand, according to broker Tony Tryhuk of RBC Dominion Securities in Winnipeg.

Markets

ICE Weekly: Weather raising canola prices, trader says

By Adam Peleshaty - Marketsfarm July 17, 2024

Ken Ball of Ventum Financial Corp. in Winnipeg acknowledged that while dryness and warmer temperatures would be seen as beneficial in rain-drenched fields in Saskatchewan and Manitoba, heat stress on canola crops in Alberta would be aggravated. This has led traders to become a bit more bullish on the oilseed.

Tag Archives canola futures

Bearish speculative bets rise in canola futures

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

ICE Weekly: StatCan report puts a stop to canola’s rally

ICE Canada Weekly: Little confidence in AAFC, StatCan reports

ICE canola weekly: Dropping with soy complex

Canadian markets ignoring any weather woes for now

ICE Weekly: Canola could go lower despite correction

ICE Weekly: Canola downturn could last longer

ICE Canada Weekly: Attention on canola to soon turn from yields to demand

ICE Weekly: Weather raising canola prices, trader says

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