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

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola crush margins double year-ago level

MarketsFarm — Canola crush margins have shown considerable improvement in recent weeks — a sign the commodity is looking cheap compared to its product values. As of Monday, the Canola Board Crush Margin calculated by ICE Futures U.S. was about $100 above the November contract — a figure up by $10 over the past month […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canada’s canola crush down slightly in August

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush was the second most so […] Read more




(Brazzo/iStock/Getty Images)

Canola crush margins tightest in years

CNS Canada — Canola crush margins have fallen to some of their lowest levels in more than a decade, which should keep a lid on any upside in prices. As of Thursday, the canola board crush margin calculated by ICE Futures U.S. was only about $26 above the November contract, which compares with levels a […] Read more

(Dave Bedard photo)

Canola crush margins deteriorate

CNS Canada — Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit margins. As of Monday, the Canola Board Crush Margin calculated by ICE Futures Canada was about $44 above […] Read more




ICE weekly outlook: Canola rides soymeal wave higher

ICE weekly outlook: Canola rides soymeal wave higher

CNS Canada — ICE Futures Canada canola contracts rode the coattails of a surging soymeal market during the week ended Wednesday, but one big rain in Argentina could halt the rally in its tracks. “If there’s more rain in the forecast we will lose ground,” said Mike Jubinville of ProFarmer Canada. “The attitude is the […] Read more