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(File photo by Dave Bedard)
Crops, Markets

Fund traders hold steady in canola

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MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 53,576 contracts on Tuesday, steady with the previous week. Open
Canada working to diversify canola seed sales
News, Oilseeds

Canada working to diversify canola seed sales

This crop year exports to several countries have risen

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Canada is working to diversify its canola seed sales, says Brian Innes, the Canola Council of Canada’s vice-president of public affairs. “As an industry we are doing what we can to diversify,” Innes said in an interview from Geneva, Switzerland Oct. 28 where Canada and China had their first face-to-face meeting over the canola dispute.
Photo: Thinkstock
Crops, Markets

Fund traders increase canola short position

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MarketsFarm – Commodity fund traders added to their net short positions in canola and corn over the past week, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money traders were also on the sell side in soybeans, reducing their net long position in
Photo: Thinkstock
Markets

ICE weekly outlook: Canola values trading in a range

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MarketsFarm – Canola has remained trading in a range for most of the week, with short coverings a feature in trading. Canola values have been well-supported by Malaysian palm oil values, which were stronger for most of the week due to tight supplies and lowered production. On Tuesday, benchmark palm oil contracts hit their highest
Photo: iStock
Crops, Markets

ICE weekly outlook: Canola bids return to being range-bound

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MarketsFarm – Until the New Year expect canola bids to remain range-bound much like it was during the summer, according to one Winnipeg-based analyst. “Canola going C$10 lower isn’t out of the question,” commented David Derwin, commodity portfolio manager with PI Financial. Below normal temperatures on the Prairies coupled with rain and snow have provided
The Canola Council of Canada hopes Canada and China’s first meeting on the canola seed dispute will lead to a resumption of Canadian canola seed exports to what was Canada’s biggest export customer. Photo: File/Greg Berg
Markets

Canada, China meet over canola stalemate

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[UPDATED: Oct. 31, 2019] Glacier FarmMedia – Canada and China finally had a face-to-face meeting *Oct. 28 in Geneva on China’s de facto import ban of Canadian canola seed. The private consultation under the auspices of the World Trade Organization (WTO) went well, according to Brian Innes, the Canola Council of Canada’s *vice-president of public

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