A strike at the Rogers Sugar refinery in B.C. has led to sporadic supply disruptions of numerous sugar products.

Going soft on ICE

Expert's Radar: The canola exchange also hosts more exotic commodities

The ICE Futures U.S. exchange, home to Canadian canola contracts, is also the primary price discovery platform for the so-called “soft” commodities, including coffee, cocoa, sugar and frozen concentrated orange juice. While Canada does export some sugar, the country is largely a price-taker for all those commodities and holiday bakers may feel an extra pinch

Canola market sees wide range of trade

Canola market sees wide range of trade

The U.S. Thanksgiving break moved participants to the sidelines and lowered volume

The ICE Futures canola market traded within a wide range during the week ended Nov 23. Price moves were exaggerated by thin volumes as the United States Thanksgiving holiday saw many participants move to the sidelines. The January canola contract briefly tested its 50-day moving average, settling above the key chart point for the first time in over two months.


Learning from the oldies

Learning from the oldies

Expert's Radar: This classic rock song is also a handy reminder of the nature of markets

“What goes up, must come down, spinning wheel gotta go round…” If you had to pay royalties on songs that get stuck in your head, I’d probably need to cut Blood, Sweat and Tears a hefty cheque by now. Following the commodity markets can often feel like riding the painted pony from their 1960s hit. Crude oil West

University of Manitoba law professor says fatigue management should never have been on the rail dispute bargaining table; it's a matter for government to handle.

Grain prices still hang on exports

Expert's Radar: Our wheat export pace is up despite smaller production

Canada is a country whose main exports are hockey players and cold fronts,” according to a quote attributed to former Prime Minister Pierre Elliot Trudeau who jokingly added “our main imports are baseball players and acid rain.” Looking at the current Winnipeg Jets lineup at least, it’s safe to say the trade balance on hockey


A soybean sprout at a plantation affected by drought at Soledade in Brazil’s Rio Grande do Sul state on Jan. 8, 2022.

Canola looks to soybeans for guidance

Demand for U.S. soy is strong; supply from Brazil is uncertain

The soy complex at the Chicago Board of Trade is usually a bellwether as to where canola prices will go, with support from gains in soyoil and soymeal countered by losses in soybeans during the week ended Nov. 9. There are at least a couple of bearish indicators for soybeans. First is the projected Brazilian

Interest rates remain of interest to grain traders

Interest rates remain of interest to grain traders

Expert's Radar: A rising U.S. dollar may drag on futures

Much of the attention in North American grain and oilseed markets has shifted to production prospects in South America, as wheat fields develop in Argentina and farmers in Brazil work on seeding their next soybean and corn crops. Weather there will be a major factor on traders’ radar over the next few months, but larger financial and geopolitical issues will


Canola crush margins are already historically wide and domestic processors show good demand.

Fund traders not looking to lose their shorts

Signs of a corrective bounce exist, but so does a record-high net short

ICE Futures canola contracts lost roughly $150 per tonne over the past two months, as speculators put on large short positions and exaggerated the seasonal harvest pressure. Values hit fresh four-month lows as the calendar flipped to November, but the market was also showing signs of a possible corrective bounce. The most active January contract

Green soybean plants

Grain traders turn gaze southward

Expert's Radar: Rains have been helpful for Argentina and Australia

Most of the Canadian Prairies were blanketed with snow during the last week of October, which likely had many people dreaming of vacations to warmer climates to the south. With the Canadian harvest all but wrapped up, and the United States in its final stages, the grain markets are also shifting their attention southward. Argentina


The October supply and demand report from AAFC had little effect on canola’s price movements.

It wasn’t a good week for canola prices

The soy complex drags on canola values

Canola prices for the week ended Oct. 26 took a hard hit, with the front contracts falling well below the psychological support level of $700 per tonne. A big reason for those declines was canola’s faithfulness to the soy complex on the Chicago Board of Trade, and in particular soyoil.  The path taken by the latter

Grain market relativity

Grain market relativity

Expert’s Radar: The difference between contract months may indicate level of demand

On the Prairies, distance between two places can be measured in many ways, and the official unit of kilometres is among the rarest. Grid roads were established every mile well before the introduction of the metric system, while time as a distance measurement is even more common. “It’s about 20 minutes away. Turn left, drive