canola seed pods

Canola trade already looking past acreage estimate

However, fewer acres could mean tight supplies to come

ICE Futures Canada canola contracts held narrowly rangebound during the week ended April 24, but managed to move higher overall, with the biggest gains in the new-crop months. Statistics Canada’s acreage intentions report, released April 23, provided the big news for the week as far as canola was concerned. However, even the first official acreage

canola seeds

Rise in Canadian dollar pressures canola values

How a new CWB owner affects markets remains to be seen

ICE Futures Canada canola contracts dropped hard on Thursday (April 16) but managed to claw back some of those losses by Friday. The old-crop May and July contracts were both lower on the week, as a strengthening Canadian dollar provided the catalyst for a round of fund selling. The currency climbed by over two cents


Canadian Prairie wheat bids drop with U.S. futures

Average Canada Prairie Red Spring (CPRS) bids were down by $17 to $19 per tonne compared to the week prior

Cash bids for Canadian wheat were down during the week ended April 10, as losses in the U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by $8 to $10 per tonne, with bids ranging from $200 per tonne in north-central Saskatchewan to $219 per tonne in Manitoba, according

Seeding conditions swaying markets from day to day

An enthusiastic Canadian dollar is a drag on canola

It was a fairly quiet period in grain and oilseed markets during the week ended April 10, with most futures prices moving lower amid a choppy spring pattern. The U.S. Department of Agriculture’s monthly supply-and-demand report was released April 9, providing some temporary direction for values, but the data was all for the 2014-15 crop



GRAINS-Corn falls on forecasts of ideal harvest weather

SYDNEY, Oct 21 (Reuters) – U.S. corn futures fell on Tuesday as forecasts for dry weather fuelled expectations that harvesting would progress rapidly. FUNDAMENTALS * Chicago Board of Trade front-month corn fell 0.22 percent to $3.47-1/2 a bushel, having gained 0.1 percent in the previous session. * Front-month soybeans were unchanged at $9.44-1/4 a bushel,