ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola gives back gains at midweek

MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. Keith Ferley of RBC Dominion […] Read more


(File photo by Dave Bedard)

Short position steady in canola, growing in corn

MarketsFarm — Fund traders were content to sit on their large net short position in canola during the week ended Aug. 27, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 62,104 on Aug. […] Read more

(File photo courtesy Canola Council of Canada)

Appeal court overturns ruling against canola ‘streaming’ contracts

A southeastern Saskatchewan farmer and canola company Input Capital are going back to court now that a ruling last year, which ripped the company’s “streaming” contracts with the farmer as “unconscionable,” has been overturned on appeal. The Saskatchewan Court of Appeal, in a ruling issued Friday, set aside a 2018 Court of Queen’s Bench “finding […] Read more

(Jennifer Blair photo)

Hemp prices seen likely to stay consistent in 2019

CNS Canada — Canadian prices for hemp likely won’t change very much in 2019, according to Clarence Shwaluk of Fresh Hemp Foods in Winnipeg. Even the passage of the U.S. 2018 Farm Bill, which would legalize hemp in that country, shouldn’t have much of an impact on prices. The new bill is expected to be […] Read more


(File photo by Dave Bedard)

Long-awaited fund report still murky for canola

CNS Canada — The recent move to New York for the ICE Futures canola contract has brought with it fresh oversight from the U.S. Commodity Futures Trading Commission (CFTC). The weekly commitment of traders (CoT) report compiled by the CFTC provides details on who is trading canola and the size of their positions — but […] Read more

(GZKele/iStock/Getty Images)

Sunflower production seen beating StatsCan estimates

CNS Canada — Sunflowers in southern Manitoba are starting to come off and early indications point to very good quality. Ben Friesen, manager of the sunflowers, flax and bird food division for the Scoular Co. in Winkler, said although only a few samples have come in, what he’s seen so far is promising. Sunflower growers […] Read more

(Photo courtesy Canola Council of Canada)

Input Capital to appeal streaming contract ruling

A “virtual” grain firm whose canola contracts with a Prairie farmer were set aside as “unconscionable” in a recent court ruling plans to challenge parts of that decision on appeal. Regina-based Input Capital Corp. said Monday it has filed a notice of appeal with the Saskatchewan Court of Appeal over a May 17 ruling by […] Read more


(File photo by Dave Bedard)

Strikes called off as unions, CP reach tentative deals

Labour peace arrives Thursday morning at Canadian Pacific Railway, as the company and the unions for its conductors, engineers and signal maintainers have reached tentative deals. The International Brotherhood of Electrical Workers (IBEW) Council No. 11, which represents about 360 CP signal maintenance staff, announced a tentative three-year deal with Calgary-based CP Tuesday evening. The […] Read more