Trading Refocuses On Market Fundamentals

Canola contracts traded on the ICE Futures Canada plat form chopped around within a narrow range during the week ended March 25, but the bias was to the upside in the end. The market took a much-needed breather after seeing some volatile price swings over the past month. With consolidation the order of the day,

“Great Grain Robbery” Law Reveals Big U.S. Sales

A1973 U.S. law requiring grain traders to promptly report export sales last week shed light on a mammoth corn sale believed to be destined for China. The U.S. Agriculture Department announced last Friday the sale of 1.25 million tonnes of corn worth $350 million to an unknown destination, which traders believe is China. The law



Money Flows Into Commodity Markets

NEW YORK/REUTERS Investors plowed more than $4 billion into commodity-based products and mutual funds in February, the most in nine months, favouring agricultural markets, silver and broad index funds, Lipper data showed March 17. Inflows to U.S.-regulated “commodity products” rebounded to $4.05 billion last month, up from just $38 million in January, according to data


Economic Uncertainty Sends Speculators Packing

Canola futures on the ICE Futures Canada trading platform suffered a major price setback during the week ended March 11, with much of the downward price slide associated with the unloading of positions by speculative accounts. None of the liquidation orders were based on fundamentals; rather, individuals were unnerved by ongoing tensions in the Middle

Prediction Of Record Canola Acres Meets Resistance

Canola futures on the ICE Futures Canada trading platform experienced a bit of a roller-coaster ride during the week ended March 5, as values pushed down one day and then moved up the next. On the week, canola values pushed upward thanks to steady domestic crusher demand, the surfacing of some fresh export demand and



Bakers Want To Limit Speculation

Small bakeries say speculators are raising food costs and urged the U.S. futures regulator to curb trading by funds and other big investors. “As bakers, we do not pretend to know the complex and sophisticated rules and practices of the commodity markets,” said the Independent Bakers Association in a letter to the Commodity Futures Trading


U.K. Farmers Seek National Food Plan

Britain needs a national food plan that makes production a strategic priority and curbs its increasing reliance on imports, Peter Kendall, president of the National Farmers Union said Feb. 15. Kendall told the NFU’s annual conference that global food prices were at an all-time high and had played a role in major upheavals in North

Profit-Taking Hammers Canola

ICE Futures Canada canola contracts saw a roller-coaster of a week during the period ended Feb. 18, as the bottom finally fell out of the market and participants took profits after the steady rise over the past few months. However, after four straight days of large declines, values stabilized for a day, bounced higher and