MarketsFarm — Canadian oilseed processors crushed a record amount of canola during October 2020, according to the latest data from Statistics Canada. Increases were reported throughout the canola and soybean […] Read more
Tag Archives Canola
October crush numbers up, canola record set
Crop stocks forecasts mostly unchanged in AAFC supply/demand report
Corn carryout revised upward
MarketsFarm — Updated crop supply/demand tables from Agriculture and Agri-Food Canada, released Friday, included only minor changes from the previous month. Larger adjustments are expected after Statistics Canada releases its […] Read more
Grain Growers of Canada lobby Parliament Hill
Agriculture can help restart Canada's economy and the federal government help by addressing some issues, group says
Agriculture can help revitalize Canada’s post-COVID economy, but the federal government should clear the track for it. That means updating regulations to encourage technological innovation, improving market access for agricultural […] Read more
Neonic ban decision expected in six months
Health Canada said it now has further information to consider in making its decision
Glacier FarmMedia — Health Canada is expected to make a decision on neonicotinoid insecticides in about six months. Federal scientists have studied neonics and their potential impact on aquatic insects […] Read more
ICE weekly outlook: Bull market in canola’s grasp
That said, watch for cracks in demand side of equation
MarketsFarm — Canola is deeply in the hold of a bull market that could push nearby contracts to $575-$580 per tonne, according to Errol Anderson of ProMarket Communications in Calgary. […] Read more
Profit-taking cuts into fund net longs in canola, soy
MarketsFarm — Fund traders were busy liquidating some of their long positions in canola and soybeans during the week ended Tuesday, according to the latest commitment of traders (CoT) report […] Read more
Export demand keeps Thunder Bay grain traffic solid
MarketsFarm — Grain movement out of Thunder Bay continues to run at a very strong pace, with shipments to Europe, the Middle East and North Africa behind much of the […] Read more
ICE weekly outlook: Canola stronger at midweek
MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over […] Read more
Input Capital takeover falls through
Input says U.S. buyer to walk away, pay termination fee
The Regina company that brought “streaming” to the Prairie canola marketing business is considering its other options now that a friendly cash bid from a U.S. suitor has been taken […] Read more
ICE weekly outlook: Canola’s top likely in for 2020
MarketsFarm — The shine has officially come off the ICE Futures canola market, with prices dropping well below their multi-year highs during the last week of October. The most active […] Read more
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