Recent comments from Chinese and Canadian officials offered a shot of positive vibes that lifted ICE canola futures to their highest levels in a month, even without any actual concrete developments on the trade front.
Tag Archives canola prices
Canadian canola futures vibing
It’s Your Business: Words from China’s ambassador were interpreted positively by the canola market
GRAIN MARKET: Good week for canola not likely to last
Canola could be heading down below $600/tonne
Canola prices hung on fairly well during the week ended Oct. 9, but Canadian farmers may still see canola heading under $600 a tonne
ICE Canada Weekly: Canola poised to slip below C$600/tonne
Look for November canola to slip below C$600 per tonne by the end of Thanksgiving week, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
It’s Your Business: Canola, soybean strength could be short-lived
Will it be a sustained rally or a ‘dead cat bounce’?
Spillover from a rising CBOT soy complex has helped push ICE canola futures higher, offering a reprieve — for now, at least — from seasonal harvest pressure and the absence of demand from China.
ICE Weekly: Canola could relive March lows: analyst
Canola futures on the Intercontinental Exchange are being pressured by the harvest and a lack of export demand. One analyst said they could fall to their March lows.
Canola market has decent week, but facing obstacles
Canola prices for Canadian farmers could slip as winter approaches and trade issues drag
Canola market update: Although the November canola contract lost C$4.30 during the week ended Sept. 25, it came away better than expected on the Intercontinental Exchange.
ICE Canada Weekly: Pressure on canola is coming
As canola futures find some ground on the Intercontinental Exchange during the week ended Sept. 24, the Canadian oilseed’s path will soon be a steady decline. That’s the assessment from Tony Tryhuk, trader with RBC Dominion Securities in Winnipeg.
StatCan, USDA in sync on canola production
Slow harvest is underpinning prices, but there will be lots of canola coming from the Prairies in 2025/26.
Statistics Canada and the United States Department of Agriculture often disagree on Canadian canola production. This year though, they’re on the same page.
ICE Canada Weekly: More declines on horizon for canola
Expect canola futures to fall back in the coming months, said analyst Jerry Klassen of Resilient Capital in Winnipeg. Klassen pointed to the Statistics Canada production update and China as two reasons for the coming declines.
Vietnamese feed makers buying Canadian canola meal after China duties, sources say
Feed millers in Vietnam are taking advantage of bargain prices with rare purchases of Canadian canola meal after China imposed hefty tariffs on the oilseed.
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