(Dave Bedard photo)

ICE weekly outlook: Canola ebbs, flows in wide range

CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer Canada, adding that “there’s a



(ADM.com)

ADM increases stake in Wilmar

Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price


Canada needs a different tact in international trade

Canada needs a different tact in international trade

Instead of defending supply management it needs to attack competitors’ subsidies

Supply management polarizes opinions: defend the status quo or dismantle the system. Unfortunately, this masks important strategic choices with implications for the dairy industry and, by extension, Canada’s agri-food sector as a whole. Canada’s internal debate keeps the country on a defensive footing. It is time to get offensive by focusing on other countries’ agricultural



Big supplies still sit heavy on canola values

Weekly grain market report for week ending Nov. 15

ICE Futures Canada canola held rangebound for the most part during the week ended Nov. 15, but dropped sharply on Friday to settle with losses overall. The January contract tested the psychological $500-per-tonne level a couple of times during the week, but never managed to settle above that chart point. A firmer tone in the




Grain Market Report

The path of least resistance for canola futures on the ICE Futures Canada trading platform remained to the downside during the week ended June 14. Declines were influenced by the perception that canola seeding was now complete and that the crop was off to a generally good start, development-wise. Downward price action was augmented by