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ICE November 2020 canola (candlesticks) with 20-day moving average (yellow line) and CBOT August 2020 soyoil (green line). (Barchart)

ICE weekly outlook: Canola under pressure at midweek

By GFM Network News July 22, 2020

MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness in Chicago soyoil, along with

Crops

Safety protocols in place for farmers’ grain deliveries

Grain moving as normal, but farmers need to practice social distancing when delivering to elevators

By GFM Network News, Jennifer Blair March 25, 2020

Grain deliveries to country elevators should continue without any disruptions, the executive director of the Western Grain Elevator Association says. “All of the members of the Western Grain Elevator Association are doing everything in their power to keep the grain supply chain functioning” during the COVID-19 coronavirus pandemic, Wade Sobkowich said Tuesday. “That means we’ll

Cargill facilities’ offices will be closed to “walk-in” traffic during the COVID-19 pandemic, the company says. (CargillAg.ca video screengrab)

Crops

Prairie elevators’ staff aim for on-site distancing

Cargill, P+H elevators stay open but with arm's-length approach

By GFM Network News, Gfm Staff March 19, 2020

At least two Prairie grain handling firms plan to continue taking deliveries from farmers during the COVID-19 coronavirus pandemic — but to make the process as touchless as possible. Cargill, in a email to customers Wednesday, said its Canadian grain elevators, crush plants and ag input retail sites will remain open for deliveries and pickups,

(File photo courtesy Canola Council of Canada)

Crops, Markets

Visible canola supplies largest in three years

By GFM Network News, Phil Franz-Warkentin December 13, 2019

MarketsFarm — Solid farmer deliveries into the commercial pipeline saw visible Canadian canola supplies hit their highest level in three years, according to the latest Canadian Grain Commission (CGC) data for the week ended Sunday. Total visible supplies of the oilseed came in at 1.584 million tonnes, which was the highest of the marketing year-to-date

Canola in swath near Starbuck, Man. on Aug. 10, 2019. (MarketsFarm photo by Glen Hallick)

Crops, Markets

Canola deliveries slow as Prairies’ harvest drags

By GFM Network News, Phil Franz-Warkentin September 20, 2019

MarketsFarm — The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sunday (Sept. 15), according to the latest Canadian Grain Commission data. That marked

Crops, Markets

Feed weekly outlook: Prairie feed grain market inching higher

By Ashley Robinson - MarketsFarm, GFM Network News December 13, 2018

CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley

Markets

ICE weekly outlook: Canola market establishing a base

By GFM Network News, Phil Franz-Warkentin November 8, 2018

CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola has window of opportunity where

Markets

ICE weekly outlook: ICE canola could go lower still

By Ashley Robinson - MarketsFarm, GFM Network News October 31, 2018

CNS Canada – It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the tad negative side,” said Keith

ICE November 2018 canola, with 20-day moving average. (Barchart)

Crops, Markets

ICE weekly outlook: Canola trends lower as farmers sell, harvest

By Ashley Robinson - MarketsFarm, GFM Network News October 18, 2018

CNS Canada — The ICE Futures canola market will bounce around in trade for the foreseeable future with the overall trend being downward, according to an analyst. “We’re just going to continue to migrate lower. (There) are going to be up days because nothing goes down forever,” said Wayne Palmer, senior market analyst with Exceed

Daily Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives deliveries

ICE weekly outlook: Canola under pressure at midweek

Safety protocols in place for farmers’ grain deliveries

Prairie elevators’ staff aim for on-site distancing

Visible canola supplies largest in three years

Canola deliveries slow as Prairies’ harvest drags

Feed weekly outlook: Prairie feed grain market inching higher

ICE weekly outlook: Canola market establishing a base

ICE weekly outlook: ICE canola could go lower still

ICE weekly outlook: Canola trends lower as farmers sell, harvest

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