MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should […] Read more
Tag Archives canola markets
ICE weekly outlook: Canola trade’s eyes on StatsCan report
ICE weekly outlook: Choppy canola trade likely
MarketsFarm — The ICE Futures canola market tested major chart support during the week ended Wednesday, but could be due for some choppy activity and eventual strength over the next […] Read more
ICE weekly outlook: Canola markets remain sensitive to weather
MarketsFarm — Canola markets were following trends set by soybean prices, as worries of late planting weighed on the minds of traders and farmers alike. As corn planting comes to […] Read more
Input Capital steps back from mortgage expansion plans
Up against the current canola market, “commodity streaming” firm Input Capital has put off plans to ramp up its mortgage business with canola growers. The publicly traded Regina company in […] Read more
ICE weekly outlook: Canola looking for more support
MarketsFarm — ICE canola futures moved higher during the week ended Wednesday as a rally in the Chicago Board of Trade soy complex provided support. Whether there’s more room to […] Read more
Net short position climbs in canola
MarketsFarm — The large speculative short position in ICE Futures canola contracts widened the week ended Tuesday, as speculators added to their bearish bets on the market, according to the […] Read more
ICE weekly outlook: Acreage report halts canola skid
MarketsFarm –– Statistics Canada’s acreage report has provided something of a much-needed bounce for canola bids. Canola hit a record low Tuesday, with the May contract at $437.80 per tonne […] Read more
ICE weekly outlook: Canola bearish with or without China
MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies […] Read more
ICE weekly outlook: China’s canola issues already well known
MarketsFarm — To some who follow commodities markets, it was clear some other participants had overreacted to the news of China banning canola imports from Viterra. Bruce Burnett of MarketsFarm […] Read more
ICE weekly outlook: Weak export data holds back canola market
The Canadian dollar and vegetable oil are the main supports for canola contracts on the futures markets, but sluggish exports are holding it back from further gains, said a market […] Read more
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