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Canola

ICE March 2019 canola (candlestick chart) with CBOT March 2019 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola waits on trade talks, USDA reports

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Reading Time: 2 minutes ICE canola futures are quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain senior marketing analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” he said. Two days of high-level trade negotiations between […] Read more
ICE March 2019 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Weak export data holds back canola market

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Reading Time: 2 minutes The Canadian dollar and vegetable oil are the main supports for canola contracts on the futures markets, but sluggish exports are holding it back from further gains, said a market analyst. Other than being down on Monday, canola has finished up in five of its last six sessions, according to Pro Farmer Canada’s Mike Jubinville. […] Read more
A still image taken from CCTV video shows Canadian Robert Lloyd Schellenberg on Jan. 14 in court, where on retrial for drug smuggling he was sentenced to the death penalty in Dalian in China’s Liaoning province. (Photo: CCTV/Reuters TV)
Canola, Crops, Markets

Canola trade on edge over China tensions

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Reading Time: 2 minutes Canadian canola exports to China face some uncertainty as concerns mount that political tensions between the two countries could spill into trade. The back-and-forth tariff dispute between the U.S. and China, and resulting decline in Chinese purchases of U.S. soybeans, originally led to ideas that Canada would pick up some of the slack with increased […] Read more
Rail cars in Vancouver. (Photo courtesy/copyright Canadian National Railway)
Canola, Crops, Markets

Canadian canola demand off year-ago pace

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Reading Time: < 1 minute CNS Canada — Canadian canola exports and domestic usage are both falling behind the year-ago pace, according to the latest Canadian Grain Commission data. Canada exported only 63,700 tonnes of canola during the week ended Jan. 6, according to the report. That compares with the average weekly movement during the crop-year-to-date of about 200,000 tonnes. […] Read more
(Video screengrab via GenuityTraits.ca)
Canola, Corn, Crops, Soybeans

Canola, corn, soy traits to move forward with China approvals

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Reading Time: 3 minutes Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] Read more
(Video screengrab from Enlist.com)
Canola, Corn, Crops, Soybeans

Assure herbicide’s active ingredient under new ownership

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Reading Time: 2 minutes Now being put to work in Enlist corn, the active ingredient in Assure II herbicide has a new owner. California-based American Vanguard Corp., the owner of ag chemical producer Amvac Chemical, announced Thursday it has bought the quizalofop-p-ethyl (QPE) product line of herbicides from DowDuPont’s ag division, Corteva Agriscience, for an undisclosed sum. A Group […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Canola fund short position holds steady

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Reading Time: < 1 minute CNS Canada — Fund traders maintained their net short position in ICE Futures canola contracts, according to the latest commitment of traders (CoT) report by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position in canola by only 500 contracts, to […] Read more

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