Daily Network News

More News →

Tag Archives canola markets

Tourists take a selfie in front of Rome’s Trevi Fountain on Jan. 31 after two cases of novel coronavirus 2019-nCoV were confirmed in Italy.
Grain Markets, Markets

Canola drops as coronavirus outbreak rattles commodities

A lower loonie makes Canadian crops relatively attractive overseas

By
Canola values incurred sharp losses during the week ended Jan. 31, steadying only slightly at mid-week thanks to support from the Canadian dollar. Headlines have been dominated by the rapidly spreading coronavirus outbreak, which originated in the Chinese city of Wuhan. As of Jan. 31, nearly 10,000 cases have been reported, and over 150 lives lost. Financial and
ICE canola futures remain rangebound
Grain Markets, Markets

ICE canola futures remain rangebound

Talk of more trade talks supports Chicago futures

By
The ICE Futures canola market flatlined during the second week of November, trading within a rather narrow sideways range and showing little incentive to break one way or the other. The steady tone came despite a sizable drop in Chicago Board of Trade (CBOT) soyoil prices, as world vegoil markets backed off nearby highs. Soyoil
Canola production on the Prairies takes a weather hit
Grain Markets, Oilseeds

Canola production on the Prairies takes a weather hit

But that effect on production may have already been digested by the market

By
Poor harvest weather definitely cut into the size and quality of this year’s Canadian canola crop, with a large percentage still in the fields heading into the end of October. However, that supportive supply-side story may be factored into the futures for the time being, with the market now in need of some fresh demand
Canola swaths under snow after a freak snowstorm in Manitoba Thanksgiving weekend.
Grain Markets, Markets

Canola prices remain subdued despite weather

Growers break single-week record for canola deliveries

By
Canola values remained “not exactly lifeless” but rangebound during the week ended Oct. 18, seemingly unfettered by a less-than-ideal harvest season. A cold front and Colorado low hit Manitoba over Thanksgiving weekend, delivering up to 70 cm of snow in some regions. That ought to have introduced a weather premium into markets, as the canola
ICE January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Rangebound canola vulnerable to losses

By ,
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is
ICE November 2019 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Canola values stay rangebound

By
MarketsFarm — One canola trader wouldn’t go so far as to calling the canola market lifeless, but it has remained rangebound for most of the week. That’s mainly due to pressure from harvest activity, which has carried on at an impressive pace on the Canadian Prairies despite being mired with difficult weather conditions. “I’ve talked
ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola trade’s eyes on StatsCan report

By ,
MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →