Canola remains rangebound for now

After Statistics Canada issued its updated crop production report on Sept. 13, canola on ICE Futures took a bit of an upswing. Such was a given, as the federal agency dropped its estimate for 2021-22 canola production, from the 14.7 million tonnes it predicted in its Aug. 30 report down to 12.8 million. Unlike the reaction[...]




Canola mostly pulls back after StatsCan estimates

FUTURES | Canola also remains subject to the Chicago soy complex’s complexities

Any hopes of canola getting a bounce on ICE Futures from Statistics Canada’s production report on Aug. 30 were largely dashed. The Canadian oilseed, for the most part, remained lower in the aftermath of the long-awaited report. The pattern repeated itself for a few days; for most of a session canola was pulled down by[...]



Up limit spike points to more acres needed

Shock and awe rocked the markets on March 31 after the United States Department of Agriculture (USDA) issued its prospective plantings report. The first survey-based projections for 2021 caught the markets largely off guard that Wednesday, which sent prices to their daily limit in several commodities. That not only included the soy complex and corn[...]



Full-scale invasion of Ukraine by Russia unlikely

With at least 100,000 Russian troops deployed to the border with Ukraine, the threat of war between the two countries has sharply increased. Added to that is the effect the ramped-up tensions are having on wheat prices. An all-out invasion by Russia is something not very likely, according to Yuliia Ivaniuk, the co-ordinator at the Centre[...]