canola prices Archives | Page 10 of 16

ICE weekly outlook: Canola sturdy, but watching beans

By Phil Franz-Warkentin February 22, 2017

CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is very sturdy,” said Ken Ball of PI Financial in Winnipeg, noting the Canadian oilseed has gained about $55 per tonne relative to the U.S. markets […] Read more

Brown mustard. (Peggy Greb photo courtesy ARS/USDA)

Crops

Mustard seeding to drop with higher stocks, competition

By Jade Markus February 9, 2017

CNS Canada — Stockpiles of mustard are likely to put a squeeze on the number of acres seeded in Canada this year, especially as the commodity competes price-wise with canola. Olds Products, North America’s second-biggest mustard manufacturer, has started contracting acres in Alberta, Saskatchewan, North Dakota and Montana. Seed division manager Walter Dyck expects less […] Read more

Crops, Markets

ICE weekly outlook: Canola pointed lower

By Phil Franz-Warkentin February 1, 2017

CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in for now, according to an analyst. “The technical and the fundamentals are pointing down,” said Errol Anderson of Pro Market Communications in Calgary, pointing to […] Read more

Crops, Markets

ICE weekly outlook: Easy come, easy go for canola

By Jade Markus January 25, 2017

CNS Canada — The ICE Futures Canada canola market has been something of a maverick over the course of the week, bucking pressure from a stronger loonie and weaker soybeans, but traders could turn on the market in coming sessions, one analyst said. “There’s certainly some commercial buying keeping it firm, but it may be […] Read more

Crops, Markets

ICE weekly outlook: ‘Toppy’ canola could still go higher

By Phil Franz-Warkentin December 7, 2016

CNS Canada — Canola futures have trended higher in the most active nearby contracts in recent weeks, but still remain underpriced compared to soybeans. From a chart perspective, ICE Futures Canada’s January contract is trading at the highest levels for the front month in two and a half years. However, while “the charts may be […] Read more

Crops, Markets

ICE weekly outlook: Canola watches weather amid uptick in price

By Dave Sims October 19, 2016

CNS Canada –– Canola futures burst through the psychologically-important $500 per tonne mark during the week ended Wednesday, but now face a critical juncture as weather and time will dictate how much of the remaining crop farmers can get off before winter. “Harvest prospects don’t look that great right now as it doesn’t dry up […] Read more

Crops, Markets

ICE weekly outlook: Harvest to keep market rangebound

By Jade Markus October 5, 2016

CNS Canada — ICE Futures Canada canola contracts have a softer tone, but are likely to stay rangebound in the short term, one analyst says. “We’re not looking for a significant breakout,” said Jerry Klassen, manager of Canadian operations with Swiss-based GAP SA Grains and Produits in Winnipeg. He pegged canola’s short-term range between $450 […] Read more

Crops, Markets

ICE weekly outlook: Stocks add softer undertone to market

By Jade Markus September 7, 2016

CNS Canada –– A stocks report from Statistics Canada has changed the dynamic of the canola market, one analyst says, though prices are not expected to plummet. Statistics Canada estimates canola stocks at 2.016 million tonnes as of July 31. The government agency also upwardly revised year-ago production numbers. “It causes a fairly significant shift […] Read more

Crops, Markets

ICE weekly outlook: Canola sees ‘bump in a bear market’

By Phil Franz-Warkentin August 31, 2016

CNS Canada — News that China would delay its implementation of stricter dockage restrictions on Canadian canola shipments gave ICE Futures Canada contracts a boost on Wednesday, but values are still trending lower overall. “It’s a bump in a bear market,” said analyst Errol Anderson of Pro Market Communications in Calgary, on the initial reaction […] Read more

Crops, Markets

ICE weekly outlook: Canola watching China before harvest

By Dave Sims August 24, 2016

CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of Canadian canola. Until that happens, canola may face growing pressure between now and next week. On Sept. 1, China is scheduled to lower the amount […] Read more

Tag Archives canola prices — page 10

ICE weekly outlook: Canola sturdy, but watching beans

Mustard seeding to drop with higher stocks, competition

ICE weekly outlook: Canola pointed lower

ICE weekly outlook: Easy come, easy go for canola

ICE weekly outlook: ‘Toppy’ canola could still go higher

ICE weekly outlook: Canola watches weather amid uptick in price

ICE weekly outlook: Harvest to keep market rangebound

ICE weekly outlook: Stocks add softer undertone to market

ICE weekly outlook: Canola sees ‘bump in a bear market’

ICE weekly outlook: Canola watching China before harvest

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