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Tag Archives Canola


(File photo by Dave Bedard)
Crops, Markets

Net short position nearly gone in canola

Traders still net short in CBOT wheat, corn

By Phil Franz-Warkentin July 14, 2023
MarketsFarm — Speculative traders continue to exit their bearish bets in canola, with the net short position dipping below 4,000 in the latest Commitments of Traders report from the U.S. […] Read more

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola climbs on weather worries

Demand rationing also seen as supportive

By Phil Franz-Warkentin July 12, 2023
MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production […] Read more

(Dave Bedard photo)
Crops, Markets

Fund short position hits six-month low in canola

CBOT soybeans show reduced net long

By Phil Franz-Warkentin July 10, 2023
MarketsFarm — The speculative short position in ICE Futures canola fell to its smallest level in six months at the beginning of July, as fund traders covered short positions and […] Read more

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola makes huge move

Prairies' dry patches add to upswing

By Glen Hallick July 6, 2023
MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department […] Read more

Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

By Phil Franz-Warkentin June 28, 2023
MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than […] Read more


(Dave Bedard photo)
Crops, Markets

Net short drops in canola as funds cover positions

Traders expand net longs in soy, corn

By Phil Franz-Warkentin June 27, 2023
MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest […] Read more

(Dave Bedard photo)
Crops, Markets

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

By Adam Peleshaty June 26, 2023
MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released […] Read more

(Dave Bedard/File photo)
Crops, Markets

AAFC’s June supply/demand estimates mostly unchanged

Corn exports adjusted upward

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — Monthly supply/demand projections from Agriculture and Agri-Food Canada were left mostly unchanged in June, as the department awaits updated acreage estimates from Statistics Canada at the end of […] Read more


Bluegrass (Poa spp.) in a stand of winter wheat.
Crops, News

Province’s major crops, forages faring well

OMAFRA Field Crop Report for the week of June 19

By OMAFRA Field Crop Team June 22, 2023
Across much of Ontario major crops and forages are progressing well. Evidence of moisture stress is present on various crops, but some relief came over the period of June 11-14th with […] Read more

ICE July 2023 canola with 20-day moving average (yellow line, right scale) and CBOT July 2023 soybean oil (dark green line, left scale). (Barchart)
Crops, Markets

ICE weekly outlook: Canola market rising into summer

New StatCan acreage estimates out next week

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more

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