Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.
Tag Archives Canola — page 9
Australia’s canola improves but still lower than 2023/24
Bumps up wheat estimate, trims barley outlook
ICE Canada Weekly: Uncertainty weighs on canola
As the Canadian canola industry remained braced for whatever may come from China in regard to tariffs, a sharp blow to the oilseed arose from a much different source. United States President-elect Donald Trump threatened Canada and Mexico with 25 per cent tariffs on their goods imported by the U.S. effective Jan. 20, the day he’s sworn in.
Wheat yields in Western Australia are better than expected, industry body says
Western Australia should produce 420,000 tonnes more wheat this year than was projected a month ago, an industry group said Friday, adding to expectations that Australia's national crop will be larger than pre-harvest estimates.
ICE canola weekly outlook: Futures drop as demand fades
The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.
Only small changes in latest AAFC estimates
There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Raboresearch delivers fall agricultural outlook
Raboresearch delivered its fall harvest outlook in an online presentation on Nov. 13, 2024. Analysts showed their insights for the 2025-26 marketing year, including those for Canadian farmers.
ICE Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.
ICE canola outlook: Sideways trade as resistance counters support
The ICE Futures canola market traded within a wide C$30 per tonne range during the first week of November, with the nearby price trends pointing sideways.
Canola speculative short position smallest in year
Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
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