U.S.-China tariff ceasefire may support oilseed markets

U.S.-China tariff ceasefire may support oilseed markets

Corn futures followed soybeans’ volatility during the week

It was a volatile time for the ICE Futures canola market during the week ended Nov. 30, as oilseed traders anxiously awaited news from the weekend’s G20 summit in Argentina. U.S. President Donald Trump met with Chinese President Xi Jinping on Dec. 1. The two reached a trade truce where they will hold off on






(File photo courtesy Canola Council of Canada)

Canola futures continue their slide

CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies.

Social media via a particular president served up a short term spike in canola markets on Nov. 1.

A tweet spikes the canola market

President Donald Trump’s revelation of a trade discussion with China caused brief excitement

The canola market started the week in a dismal situation, but that all changed Nov. 1 when a tweet sent the commodity markets flying. However, by the next day the canola market corrected and finished the week lower overall. South American seeding and the ongoing trade war between China and the United States saw the



For the week ending Oct. 26, there was enough canola still in fields waiting to be harvested that markets will feel once it enters the bin.

Harvest progress pressures canola prices

The remaining four million tonnes of expected production 
is enough to move markets

Canola contracts on the ICE Futures exchange fell to their lowest levels of the past year during the week ended Oct. 26, as harvest operations across Western Canada finally neared completion. Farmers in both Alberta and Saskatchewan reported good progress during the week, helping ease concerns over unharvested acres being left out over the winter.



A Farm Credit Canada report says Canadian canola exports to the U.S. have dropped by 11.8 per cent and down 10.6 per cent to China.

China/U.S. trade disruptions a big reason for canola, wheat price volatility

Farm Credit Canada releases new report regarding commodity prices

Prices for canola and wheat are volatile thanks to world trade tensions, including trade disruptions between China and the United States. The volatility is a cause for concern according to Farm Credit Canada’s (FCC) new report, Navigating Trade Disruptions and Volatility, released Oct. 31. The price uncertainty can lead changes in the markets and if