Canola price sees slight growth

The canola market finally showed signs of strength in the first week of March, moving above some key chart points as values stabilized after trending lower for the previous five months. The May contract climbed above its 20-day moving average, settling above the psychological $600 per tonne mark on March 7. The contract traded consistently[...]

Mixed activity in grain markets

Activity was mixed in the North American grain and oilseed markets during the last full week of January, as traders were busy looking for direction from South America, where Brazil was in its early stages of harvesting its soybean crop and seeding its next corn crop. The looming influx of recently harvested Brazilian soybeans may[...]



Festive spirit misses grain markets

Brazilians were enjoying their most popular holiday of the year as this column went to print, celebrating Carnival with parties, parades, music, samba dancing and an all-around good time. Farmers there hopefully had a chance to partake in the festivities but were likely busy on their fields as well. Soybeans Brazil is the world’s largest[...]



Several factors weigh on canola prices

After continuing to take a barrage of heavy hits during the week of Dec. 1 to 7, canola futures on the Intercontinental Exchange are now faced with a fork in the road. They can either resume the downward spiral, busting through support level after support level, or they could see successive increases that could bring[...]


Grain trade expects lower canola yields

Harvest operations are in their early stages across Western Canada, leaving the canola market in a somewhat precarious position awaiting news and biding time until there’s a clearer picture on the size of this year’s crop. The November contract held in a rather narrow $30 per tonne range in early August, between $770 and $800,[...]

Grain, oilseed markets trending lower

The major North American grain and oilseed markets continued to trend lower in mid-February, with canola, soybeans, corn and wheat contracts all setting new contract lows as the futures work to uncover demand. Burdensome supply/demand fundamentals, coupled with heavily short speculators and farmer selling on any attempts at moving higher, give little reason to expect[...]