ICE January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Rangebound canola vulnerable to losses

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



New shatter-resistant canola varieties may hold the key to parking your swather.

Pod shatter reduction canola sounds swathing’s death knell

Sixty per cent of Manitoba’s canola acres this year have pod shatter reduction technology, even though the innovation has only been available since 2014

Western Canadian farmers have adopted pod shatter reduction canola faster than expected — and industry officials predict the innovation, which is as much about harvest flexibility as straight cutting, will soon be on almost every acre. “InVigor (canola from BASF), which is on more than half of the acres in Western Canada, this year over


(Photo courtesy Canola Council of Canada)

Canadian canola deliveries hit weekly record

MarketsFarm — Canadian farmers made record deliveries of canola into the commercial pipeline during the second week of October, according to the latest Canadian Grain Commission data. Wet weather, including heavy snow in some regions, continued to keep farmers off of their fields across much of Western Canada, but producers were actively delivering canola and

ICE November 2019 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola values stay rangebound

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