MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to […] Read more
Tag Archives Oilseeds
ICE weekly outlook: Profit-taking to pressure canola
Market appearing overdone
ICE weekly outlook: March canola contract not quite out of game
MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, […] Read more
ICE weekly outlook: WASDE spillover boosts canola
Canola may soon become price-sensitive, analyst says
MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in […] Read more
ICE weekly outlook: Rallying canola not at top yet
MarketsFarm — ICE Futures canola contracts continued to climb higher during the first few trading days of 2021 — and could still see more gains before the inevitable correction. “We’re […] Read more
Grain, seed corn growers get access to seasonal worker program
Maple syrup also added to national commodity list
Growers of grains, oilseeds and seed corn and maple syrup producers may be able to get in on the federal Seasonal Agricultural Worker Program (SAWP) for the 2021 season. Federal […] Read more
Grain, oilseed exports well ahead of year-ago
Chinese demand up substantially for Canada's crops
MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major […] Read more
October crush numbers up, canola record set
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
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
ADM beats profit estimates but revenue disappoints
Reuters — Global grains trader Archer Daniels Midland beat Wall Street estimates for quarterly profits on Thursday, helped by strength in its grain milling and nutrition businesses. Still, revenue missed […] Read more
Bunge lifts outlook as quarterly profit nearly doubles
Reuters — Agricultural commodities trader Bunge Ltd. raised its 2020 outlook after reporting a 91 per cent jump in adjusted third-quarter profit on Wednesday, as strong soy processing margins and […] Read more