Daily Network News

More News →

Canola

ICE July 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little for canola bids to stand on

By
Reading Time: 2 minutes MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg. […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Net short position climbs in canola

By
Reading Time: < 1 minute MarketsFarm — The large speculative short position in ICE Futures canola contracts widened the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators on Tuesday had a net […] Read more
Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)
Canola, Crops

Canada ‘playing chess’ on canola file

By
Reading Time: 2 minutes MarketsFarm — Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with federal International Trade Diversification Minister Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue. […] Read more
ICE July 2019 canola (candlestick) with CBOT July 2010 soybeans (line) for comparison. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Bearish funds keep canola pointed lower

By
Reading Time: < 1 minute MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to their large net short positions […] Read more
Agriculture Minister Marie-Claude Bibeau announces expansion of the federal Advance Payments Program in Ottawa on May 1, 2019, flanked by Trade Diversification Minister Jim Carr (l) and his fellow Winnipeg MPs Dan Vandal, Robert Falcon-Ouellette and Terry Duguid. (Video screengrab from Agriculture and Agri-Food Canada via Facebook Live)
Canola, Crops

APP pumped up, AgriStability deadline extended against China canola ban

By
Reading Time: 4 minutes The federal Advance Payments Program’s loan limits and interest-free portions will be raised and the deadline for AgriStability enrolment extended in a bid to help Canadian canola growers with cash flow. Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr on Wednesday announced the expansions and extensions along with plans to engage other […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Large spec short position overhanging canola market

By
Reading Time: < 1 minute MarketsFarm — Speculators added to their large net short position in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 58,004 contracts on Tuesday, up by about […] Read more
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Joint conference brings canola producers up to speed

By
Reading Time: 2 minutes MarketsFarm — The Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA) have given farmers an update on the current situation between Canada and China. The 38-minute joint webinar/teleconference last Thursday (April 18) featured CCC president Jim Everson and CCGA executive director Rick White. Everson made it clear China is still honouring […] Read more

Latest Market News

More Market News →