Canola Chart Ends Year As A Hockey Stick

Canola contracts traded on the ICE Futures Canada platform are definitely much stronger exiting 2010 than they were going into the year. Anyone making a “Top 10” list of the reasons for that strength would likely cite the adverse weather conditions across the Canadian Prairies first and foremost, but strong demand, activity in outside markets


U.S. Fed Cattle Supply At Three-Year High

The U.S. feedlot cattle supply on Dec. 1 was the largest for that date in three years as profitable cattle prices and poor pastures had producers rushing young cattle into feedlots rather than into breeding herds, analysts said Dec. 17. The U.S. Agriculture Department said there were 11.609 million cattle in feedlots on Dec. 1,

Firm Demand, Tight Supply Support Canola

The ICE Futures Canada canola market hit some fresh contract highs during the week ended Dec. 10, but also ran into profit-taking that limited the upside. While market participants were still digesting the larger-than-expected production numbers put out by Statistics Canada on Dec. 3, those supplies are also being met with some pretty solid demand


Drought In U.S. Winter Wheat Fields Worries Experts

U.S. wheat experts are growing increasingly concerned about the new winter wheat crop in parts of top producer Kansas and other Plains states, as persistently dry conditions erode production potential. Drought conditions are plaguing the entire western third of Kansas, which routinely is the top U.S. wheat-growing state, according to the U.S. Drought Monitor, a

It’s Your Business

Canola futures on the ICE Canada trading platform posted some modest advances during the week ended Dec. 3, with some of the upward momentum coming from the general strength displayed by the outside oilseed markets. CBOT soybean and soyoil values both posted some significant advances on the week with new contract highs also established in


Little Rain Coming To Dry U.S. Plains Wheat Region

CHICAGO/REUTERS The dry U.S. Plains Hard Red Winter wheat crop will receive little rain over the next week, adding more stress to young plants ahead of winter, a forecaster said Dec. 6. Very light rains of a trace to a few hundredths of an inch were expected for Dec. 7, then the Plains will be



Commodity Price Pressure Made In China

Canola futures on the ICE Futures Canada trading platform suffered some price weakness during the week ended Nov. 19, but were well off the lows established. The continued liquidation of long positions by nervous speculative fund account holders generated the declines. That selling was again inspired by a knee-jerk reaction to news that the Chinese

Parched Hard Red Wheat Belt In Western U.S. Looks For Rain

CHICAGO/REUTERS Light rain hit the eastern areas of the U.S. Hard Red Winter wheat belt Nov. 17 but the parched western region stayed dry, raising concern the crop will not be well established before winter, a forecaster said. “It will stay unfavourably dry over a good percentage of the crop belt, 40 per cent or