A heat wave in Western Canada is causing canola prices to sharply rise.
Grain Markets
Canola rises alongside temperatures
Up, then down, for canola
Canola's market went for a ride over the week ending July 12.
No weather market appearing
While there are challenges out there, so far North American growing conditions aren't sparking concern
Palm oil predicament pushes up canola prices
The dispute between Indonesia and China has sparked Canola prices
Canola prices rose in the past week due to vegetable oil uncertainty.
Outside influences on the grain market
Macroeconomic forces such as interest rates and the Canadian dollar are set to weigh in
Macroeconomic forces are set to weigh in on grain markets.
Sideways trade expected to emerge
There aren’t a lot of market catalysts on the horizon
Export movement remains lacklustre at best, but canola is said to look more attractively priced internationally.
The complexities of wheat around the world
There are more variables than usual influencing sales and prices
Wheat is always being planted and harvested somewhere in the world. Canadian spring seeding is wrapping up just as the winter wheat harvest starts in the southern United States. It makes for a dynamic marketing picture. Russia/Ukraine: The amount of wheat grown in Russia and Ukraine could have an outsized influence on commodities. Frosts, coupled with lack of
Canola prices pull back
As conditions have improved, prices have eroded, even with planting delayed
Spring planting has caught up with canola futures on the Intercontinental Exchange. For several weeks canola pushed upward, even as rain across the Prairies replenished depleted soil moisture levels, but now optimism for good crops has put pressure on values. Planting was delayed and as much as 40 per cent of this year’s canola is
Can canola markets find traction?
Expert's Radar: Signs of hope on the export front are beginning to emerge
The slow pace of Canadian canola exports is an ongoing issue, with lack of offshore movement a heavy weight on the market. However, the crop may finally find traction on the export front. AAFC projections: Agriculture and Agri-Food Canada released updated supply/demand tables May 21, cutting its call for 2023-24 canola exports to six million
Weather just one factor affecting canola markets
Rain and extreme weather have caught the headlines but other issues abound
Canola prices hit calendar-year highs on the Intercontinental Exchange during the week ended May 23, with new crop contracts hovering around the $700 per tonne mark. But lately, there’s been literal rain on canola’s parade. New moisture has been a welcome sight for growers. However, that benefit has been tempered by drawbacks. On the Prairies,
Cyber-Savvy Farmer
