MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. […] Read more
Tag Archives Canola

ICE weekly outlook: For canola, the only certainty is volatility
"The market has to feel comfortable there’s a crop on the way"

ICE weekly outlook: Canola fundamentals still strong in volatile market
MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, with the largest gains in the old-crop months amid ongoing concerns over tight supplies. Day-to-day activity could […] Read more

Japan increases demand for canola
MarketsFarm — Japan has continued to generate an increased demand for canola, according to Daisuke Sasatani, the U.S. Department of Agriculture’s (USDA) attaché in Tokyo. Sasatani said approximately 98 per […] Read more

ICE weekly outlook: USDA reports could spur record canola acres
MarketsFarm — After May and July canola contracts took hefty hits over the past the week, they skyrocketed to close out the calendar month following a pair of reports from […] Read more

Health Canada steps back from bans on two neonics
New limits, some cancellations to be put in place
A federal proposal to protect aquatic insect habitat by cancelling all registered outdoor uses for two popular ag insecticides has been walked back in a major way. Health Canada on […] Read more

ICE weekly outlook: Canola still finding support
U.S. acreage estimates could sway futures
MarketsFarm — The ICE Futures canola market saw some wide price swings over the week ended Wednesday, dropping by more than $50 per tonne off its contract highs in the […] Read more

Richardson to upsize Yorkton canola crush plant
Company to boost shipping and receiving, double processing capacity
Agrifood firm Richardson International’s major canola crush plant at Yorkton in eastern Saskatchewan is set to undergo another round of upgrades which are expected to double its processing capacity. The […] Read more

ICE weekly outlook: Is a bear market next for canola?
Winnipeg | MarketsFarm — The canola market started to retreat this week as unpriced supplies still in the countryside approach non-existent, according to Wayne Palmer, analyst with Exceed Grain in […] Read more

ICE weekly outlook: Canola’s correction likely short-lived given tight supplies
MarketsFarm — The ICE Futures canola market ran into a profit-taking correction on Wednesday, backing away from recently-hit contract highs. While a further correction is possible, the underlying fundamentals remain […] Read more

ICE weekly outlook: Canola back where it started
Day-to-day movements seen as tough to predict
MarketsFarm — ICE canola futures are pretty much back where they were a week ago after losing ground, only to recover by small — and then strong — gains. The […] Read more