Canola, Agriculture News & Resources

Pea, canola protein processing plant planned for outside Winnipeg

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — Somewhere outside Winnipeg, a new pea and canola processing plant is scheduled to be in production by August 2020. The $65 million facility is expected to process up to 20,000 tonnes of yellow field peas annually and will be the world’s only commercial-scale food-grade canola protein production facility. No figure for the plant’s […] Read more

Canola, Crops, Markets

ICE weekly outlook: Choppy canola trade likely

By Phil Franz-Warkentin - MarketsFarm 6 days ago

MarketsFarm — The ICE Futures canola market tested major chart support during the week ended Wednesday, but could be due for some choppy activity and eventual strength over the next few weeks, depending on what happens with the weather and in U.S. corn and soybean markets. The canola crop looks good across much of Alberta […] Read more

Canola, Crops, Markets

Funds remain short canola and soybeans

By Phil Franz-Warkentin - MarketsFarm July 15, 2019

MarketsFarm — Fund traders continue to hold onto a large net short position in the canola market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in Tuesday at 57,512,an increase of roughly 5,000 contracts from the previous week. Open […] Read more

Canola, Crops, Markets

ICE weekly outlook: Not much faith in USDA’s WASDE

By Glen Hallick - MarketsFarm July 10, 2019

MarketsFarm — For one trader, the monthly world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA), aren’t something he spends a lot of time dealing with. “I don’t put a lot of faith in them,” said David Derwin of PI Financial in Winnipeg. This month’s WASDE could be something toward […] Read more

Canola, Crops, Markets

Fund short position grows in canola

By Phil Franz-Warkentin - MarketsFarm July 9, 2019

MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in July 2 at 65,022, an increase of nearly […] Read more

Canola, Crops, Markets

ICE weekly outlook: All eyes on King Corn

By Phil Franz-Warkentin - MarketsFarm July 3, 2019

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more

Canola, Crops, Markets

ICE weekly outlook: Weather, politics in focus for canola trade

By Phil Franz-Warkentin - MarketsFarm June 26, 2019

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in a month during the week ended Wednesday as much-needed moisture also fell across much of Western Canada. While there are still plenty of areas of concern, the rain has taken some of the weather premium out of the market, said Jonathon Driedger of […] Read more

Canola, Crops, Markets

ICE weekly outlook: Weather the main factor in canola bids

By Glen Hallick - MarketsFarm June 19, 2019

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, it’s good and the forecasts […] Read more

Barley, Canola, Crops, Spring Wheat

Visible Canadian canola stocks back above one million tonnes

By Phil Franz-Warkentin - MarketsFarm June 14, 2019

MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more

Canola, Crops, Reuters

Canada rejects idea of halting Huawei CFO’s extradition

By Reuters June 13, 2019

Ottawa | Reuters — Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China’s Huawei Technologies to the United States, saying it would set a dangerous precedent. Huawei’s chief financial officer Meng Wanzhou, who was arrested on U.S. fraud charges in Vancouver last December, […] Read more

China June pork imports surge more than 62 per cent from previous year

Klassen: Yearling prices surge

U.S. grains: Futures drop as hopes of Chinese buying spree fizzle

GFM Network News

China June pork imports surge more than 62 per cent from previous year

Klassen: Yearling prices surge

U.S. grains: Futures drop as hopes of Chinese buying spree fizzle

Canola

Pea, canola protein processing plant planned for outside Winnipeg

ICE weekly outlook: Choppy canola trade likely

Funds remain short canola and soybeans

ICE weekly outlook: Not much faith in USDA’s WASDE

Fund short position grows in canola

ICE weekly outlook: All eyes on King Corn

ICE weekly outlook: Weather, politics in focus for canola trade

ICE weekly outlook: Weather the main factor in canola bids

Visible Canadian canola stocks back above one million tonnes

Canada rejects idea of halting Huawei CFO’s extradition

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