Canola Archives - Page 208 of 492 - Manitoba Co-operator

Speculators covering canola shorts in latest trading report

By GFM Network News, Phil Franz-Warkentin November 25, 2019

MarketsFarm — Commodity fund traders bought back some of their previously sold contracts in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 50,987 contracts, a decrease

Grain Markets, Markets

ICE canola futures remain rangebound

Talk of more trade talks supports Chicago futures

By Phil Franz-Warkentin November 21, 2019

The ICE Futures canola market flatlined during the second week of November, trading within a rather narrow sideways range and showing little incentive to break one way or the other. The steady tone came despite a sizable drop in Chicago Board of Trade (CBOT) soyoil prices, as world vegoil markets backed off nearby highs. Soyoil

ICE Futures January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Palm oil shortage leads to canola rally

By GFM Network News, Glen Hallick - MarketsFarm November 20, 2019

MarketsFarm — As Malaysian palm oil continues to increase in price due a shortage, it has led to a rally in canola on ICE Futures, said Wayne Palmer of Exceed Grain in Winnipeg. The shortage stems from dry conditions in Indonesia and Malaysia, the world’s top two palm oil producers. While the dryness has been

Crops

Talks continue toward ending CN strike as factories slow output

By Allison Lampert, GFM Network News, Rod Nickel November 20, 2019

Montreal/Winnipeg | Reuters — Talks to end a strike by thousands of workers at Canada’s biggest railroad, Canadian National Railway, continued on Wednesday, as industrial plants slowed output of products cut off from their markets. About 3,000 unionized workers, including conductors and yardmen, hit picket lines on Tuesday after talks with management failed to resolve

Exports of Canadian canola to China have seen setbacks as early as last February.

News

WTO ineffective, Canada not defending science, says Richardson VP

By D.C. Fraser November 18, 2019

A senior official of one of the companies at the forefront of Canada’s ongoing trade dispute with China over canola says the World Trade Organization (WTO) cannot be relied upon, and that science-based decision-making is threatened on a domestic and international level. “We simply can’t rely on the existing WTO process as being the most

Crops

U.S. biodiesel industry struggles without subsidy

By GFM Network News, Stephanie Kelly November 16, 2019

New York | Reuters — When John Whittington shut his Indiana biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice. A $1-per-gallon subsidy that had been propping up the industry since 2005

Unharvested canola under snow in October 2016. (Lisa Guenther photo)

Crops, Weather

Millions of acres of canola freeze, compound ‘harvest from hell’

By GFM Network News, Rod Nickel November 15, 2019

Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable

Crops, Markets

Fund traders hold steady in canola

By GFM Network News, Phil Franz-Warkentin November 15, 2019

MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 53,576 contracts on Tuesday, steady with the previous week. Open

Manitoba shipped 3.9 million tonnes of grain through the Port of Thunder Bay this crop year.

News

Manitoba Thunder Bay grain shipments set modern record

By Allan Dawson November 14, 2019

For the first time in 20 years, Manitoba shipped more grain through the Port of Thunder Bay than Saskatchewan. “Historically, Manitoba grain has accounted for about a third of the grain shipments through Thunder Bay,” Chris Heikkinen, the port’s communications and research co-ordinator, said in an email Nov. 5. “This has changed over the past

ICE January 2020 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets

ICE weekly outlook: Steady canola market stuck in rut

By GFM Network News, Phil Franz-Warkentin November 13, 2019

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices

Daily Network News

Strong 2025 could mean complications for Canadian grain sector in 2026 says analyst

Egyptian wheat imports to be firm as domestic output increases

Federal government to ease some restrictions on temporary foreign workers

Canola

Speculators covering canola shorts in latest trading report

ICE canola futures remain rangebound

ICE weekly outlook: Palm oil shortage leads to canola rally

Talks continue toward ending CN strike as factories slow output

WTO ineffective, Canada not defending science, says Richardson VP

U.S. biodiesel industry struggles without subsidy

Millions of acres of canola freeze, compound ‘harvest from hell’

Fund traders hold steady in canola

Manitoba Thunder Bay grain shipments set modern record

ICE weekly outlook: Steady canola market stuck in rut

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