Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
Tag Archives Canola
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Are corn markets poised for a rebound in March?
Ethanol and possibility of China purchases support a rebound
The leap year’s extra day in February provided another one with misery for crop prices on both sides of the Canada-U.S. border. Whether canola, corn, wheat or the Chicago soy complex, all May contracts were under their respective 50- and 100-day averages, and all had large net short positions as of Feb. 29. Each one
Grain, oilseed markets trending lower
Expert’s Radar: Middle East conflict and a possible rail strike add to market uncertainty
The major North American grain and oilseed markets continued to trend lower in mid-February, with canola, soybeans, corn and wheat contracts all setting new contract lows as the futures work to uncover demand. Burdensome supply/demand fundamentals, coupled with heavily short speculators and farmer selling on any attempts at moving higher, give little reason to expect
Lane change from downhill to bumpy road
StatCan’s March 11 report will signal seeding intentions for 2024
As February winds down, canola has altered its course. Instead of the dreary downward trend that gave little joy, the oilseed is headed toward a bumpy road. Like frost boils and potholes marking roads throughout the Prairies, canola began facing a future of ups and downs last week. While the Intercontinental Exchange saw a short-lived
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.
Valentine’s week gave no happy ending for grain markets
Dipping prices made for a sour note
The charts were solidly red, but there was little love in the air for North American grain and oilseeds during Valentine’s Day week. Canola, wheat and corn futures all hit contract lows and soybeans were at their softest levels in eight months. The March ICE Futures canola contract settled at C$567 per tonne on Feb.
Canola sector predicts biofuel boom
Renewable fuels could give canola demand ‘unprecedented’ growth
The biofuels industry could drive canola demand into uncharted territory in the coming decade, says one industry expert. “The capacity of crush could grow from 11.3 million metric tonnes today to 18 million metric tonnes in three or four years,” said Chris Vervaet, executive director of the Canadian Oilseed Processors Association. Why it matters: The
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Festive spirit misses grain markets
Expert’s Radar: While Brazil buzzed with Carnival, estimates discouraged grain and oilseed markets
Brazilians were enjoying their most popular holiday of the year as this column went to print, celebrating Carnival with parties, parades, music, samba dancing and an all-around good time. Farmers there hopefully had a chance to partake in the festivities but were likely busy on their fields as well. Soybeans Brazil is the world’s largest
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
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