Institutional investors with net long positions will support canola prices — for now.

Canola futures continue to climb

When profit-taking correction comes it could be severe

Canola futures climbed higher during the last week of October, hitting contract highs in many months. The strength was largely thought to be tied to speculative money, with the market looking overpriced from a fundamental standpoint. The nearby November contract moved above $1,000 per tonne in its final week before becoming the delivery month, pulling the other








French grain trader Soufflet says 2020-21 among toughest years

French grain trader Soufflet says 2020-21 among toughest years

A poor harvest last year and the COVID-19 pandemic hit French agri-food group Soufflet’s annual results, it said Oct. 20, with its agriculture and trading businesses suffering most. Sales in 2020-21 fell over six per cent to 4.62 billion euros (US$5.37 billion) from the previous financial year. The group did not give other financial details.



Over 10,000 cattle hustled through the rings

Over 10,000 cattle hustled through the rings

All of Manitoba’s markets handled four-figure cattle counts last week

For the first time this fall, each of the cattle auction sites in Manitoba sold more than 1,000 head at their respective weekly sales during the week ending Oct. 21. In total, 10,445 animals went through the rings at seven sites across the province (Virden’s numbers weren’t available at press time). During the week ending Oct. 14, 9,126