Reading Time: 2 minutes Western Australia should produce 420,000 tonnes more wheat this year than was projected a month ago, an industry group said Friday, adding to expectations that Australia's national crop will be larger than pre-harvest estimates.
Wheat yields in Western Australia are better than expected, industry body says
ICE canola weekly outlook: Futures drop as demand fades
Reading Time: < 1 minute The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Only small changes in latest AAFC estimates
Reading Time: 2 minutes There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
Reading Time: 2 minutes The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Raboresearch delivers fall agricultural outlook
Reading Time: 2 minutes Raboresearch delivered its fall harvest outlook in an online presentation on Nov. 13, 2024. Analysts showed their insights for the 2025-26 marketing year, including those for Canadian farmers.
ICE Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
Reading Time: 2 minutes As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.
ICE canola outlook: Sideways trade as resistance counters support
Reading Time: 2 minutes The ICE Futures canola market traded within a wide C$30 per tonne range during the first week of November, with the nearby price trends pointing sideways.
Canola speculative short position smallest in year
Reading Time: < 1 minute Speculators were busy covering short positions and moving more money to the long side of the canola market during the week ended Oct. 29, taking the net short position in the oilseed to its lowest level in over a year, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE Weekly: Malaysian palm oil supports canola prices
Reading Time: < 1 minute Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.
Fund short position in canola smallest in six months
Reading Time: < 1 minute The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).