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Tag Archives Canola


ICE July 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark yellow and green lines). (Barchart)
Crops, Markets

ICE weekly outlook: For canola, the only certainty is volatility

"The market has to feel comfortable there’s a crop on the way"

By Glen Hallick April 15, 2021
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

ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Canola fundamentals still strong in volatile market

By Phil Franz-Warkentin April 8, 2021
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

A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)
Crops, Markets

Japan increases demand for canola

By MarketsFarm Team April 5, 2021
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 May 2021 canola (candlesticks) with Bollinger (20,2) bands, July 2021 canola (green line) and November 2021 canola (black line). (Barchart)
Crops, Markets

ICE weekly outlook: USDA reports could spur record canola acres

By Glen Hallick April 1, 2021
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

A mayfly on water. (SBTheGreenMan/iStock/Getty Images)
Crops

Health Canada steps back from bans on two neonics

New limits, some cancellations to be put in place

By Dave Bedard April 1, 2021
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 May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola still finding support

U.S. acreage estimates could sway futures

By Phil Franz-Warkentin March 25, 2021
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 International’s Yorkton, Sask. canola crush plant. (CNW Group/Richardson International)
Crops, Markets

Richardson to upsize Yorkton canola crush plant

Company to boost shipping and receiving, double processing capacity

By Dave Bedard March 23, 2021
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 May 2021 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Is a bear market next for canola?

By Glen Hallick March 18, 2021
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 May 2021 canola (candlesticks) with 30-day moving average (green line) and CBOT May 2021 soyoil (yellow line). (Barchart)
Crops, Markets

ICE weekly outlook: Canola’s correction likely short-lived given tight supplies

By Phil Franz-Warkentin March 10, 2021
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 May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola back where it started

Day-to-day movements seen as tough to predict

By Glen Hallick March 4, 2021
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

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