Search Results for:

CNS Canada -- Canada's flax prices are still holding strong enough to encourage an acreage increase this spring, despite concerns about slowing demand. Prices have held up even as shipping opportunities have started to slow down, as there’s a standoff between buyers and sellers, and supplies remain tight, said Mike Jubinville of ProFarmer Canada. Old-crop[...]

CNS Canada -- Flax prices in Western Canada are staying strong, with a lack of significant farmer selling supporting the market. "It seems as though the farmers are just sitting on their inventory and not bringing it in, so the prices are moving up," said Richard Zacharias, general manager of Prairie Flax Products near Portage[...]

CNS Canada -- Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released last week. "You have to look at the timing of when the survey was done for the StatsCan report. Of course there's a bit of[...]

CNS Canada -- Canola futures on the ICE Futures Canada trading platform moved sharply higher during the week ended March 5, with ideas that canola is undervalued compared to other oilseeds helping to lift prices. Traders were said to be spreading against other oilseeds, buying canola and selling U.S. soybeans and products. Political problems in[...]

CNS Canada -- The ICE Futures Canada canola market moved lower during the week ended Wednesday, breaking below the key support level of C$480 per tonne in the November contract. With the technical bias pointed lower, further weakness is expected to be in store for the commodity. "I think the ideas in the trade are[...]

CNS Canada -- Prices for durum in the Prairie cash market have been on the rise recently, but there are very few actual transactions being made as farmers aren't selling. "The companies know that, generally speaking, farmers aren't in the mood to sell, so they're probably trying to maybe encourage deliveries of last year's durum,[...]

CNS Canada -- The ICE Futures Canada canola market moved lower during the week ended Wednesday, as speculators took profits on a recent rally that saw values hit fresh contract highs. Spillover pressure from the declines in Chicago soybean futures was also bearish for values. There were some reports of improving weather conditions for the[...]

CNS Canada -- The ICE Futures Canada canola market moved higher during the week ended Wednesday, rebounding after the November contract hit support levels earlier on Monday. With recent drought and frost in Western Canada, canola ending stocks are expected to be very tight at the end of 2015-16, which is supporting prices and could[...]

CNS Canada -- ICE Futures Canada's canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, a weak Canadian dollar and worries about dry conditions damaging some crops in Western Canada underpinned canola. Dry conditions in parts of the western Prairies[...]

CNS Canada -- The ICE Futures Canada canola market was up sharply during the week ended Wednesday, following a rally in outside oilseed futures. Chicago soyoil futures led the way higher for oilseeds during the week, with some rumours of fresh export demand for U.S. soyoil floating around. Canola traders, however, are likely to shift[...]