As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
Tag Archives Canola
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
All rallies must come to an end; the canola market might be headed that way
Canola prices as of May 23 have some market headwinds on the horizon, from politics to production fundamentals
Canola prices as of May 23 have some market headwinds on the horizon, from politics to production fundamentals
Spring seeding entering final stretch in Saskatchewan
Seeding operations are nearing their final stages in Saskatchewan, with 72 per cent of intended acres in the ground as of May 19, according to the latest provincial crop report. That was up 23 points from the previous week and compares with the five-year average of 60 per cent done.
Manitoba seeding 12 points ahead of pace
Most spring wheat in the ground
Manitoba farmers pushed their spring planting to 57 per cent complete as of May 21, up 24 points from a week ago, the province's agriculture department reported.
AAFC ups canola exports, but leaves ending stocks unchanged
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Canadian canola exports in 2024/25 will be at least a million tonnes above earlier projections, but ending stocks remain to be seen as Agriculture and Agri-Food Canada had to make some creative calculations in their latest supply/demand report.
ICE Weekly: No end to July canola’s rise: trader
July canola may have more room to grow
A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.
Alberta seeding leaps ahead by almost 30 points
Moisture levels still strong despite declines
Spring planting in Alberta made a 27-point jump at 47 per cent complete during the week ended May 13, according to the latest crop report from the province. That's 21 points above the five-year average.
ICE canola weekly outlook: Biofuel optimism provides boost
Futures hit 18-month highs
ICE Futures canola contracts climbed higher during the week ended May 14, hitting their best levels in 18 months as proposed changes to biofuel policies in the United States lent support.
Time to increase crop research funding
Canada has to take action to give agricultural productivity growth a booster shot
There’s much talk these days about diversifying Canadian agriculture’s exports away from their reliance on the sector’s two biggest, and currently most unpredictable, customers.
Sharp drop in canola stocks
StatCan releases grain stocks as of March 31 report
Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.
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