(Dave Bedard photo)

ICE weekly outlook: Canola pointed lower

CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in for now, according to an analyst. “The technical and the fundamentals are pointing down,” said Errol Anderson of Pro Market Communications in Calgary, pointing to


(Lentils.ca)

StatsCan lentil numbers confirm trade suspicions

CNS Canada — New Statistics Canada data has confirmed what traders already assumed: Lentil supplies aren’t lacking, despite excess moisture this year. Prices for the pulse had been trending lower with those suspicions, and buyers are looking to India for indications on where to move in the New Year. StatsCan estimates released Tuesday say farmers



(Dave Bedard photo)

Canada harvests bigger wheat, canola crops despite snowy fall

Reuters — Canada’s wheat and canola crops withstood unfavourable autumn weather, topping Statistics Canada’s previous estimates and last year’s production, according to the government agency’s report on Tuesday. The estimates were met with greater skepticism than usual from traders and analysts, as StatsCan surveyed farmers during unusually snowy, then mild, autumn weather that raised fears