Reading Time: < 1 minute Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.
Canadian canola crush hit record in 2023: StatCan
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Reading Time: < 1 minute Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Reading Time: 2 minutes Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
Reading Time: < 1 minute The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Reading Time: < 1 minute Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
Reading Time: < 1 minute The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
Reading Time: < 1 minute A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
Reading Time: 2 minutes While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Reading Time: 2 minutes Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
Record large short position grows in canola
CBOT net short position on soybeans more than doubled
Reading Time: < 1 minute The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
A message from April Stewart, Country Guide's Associate Editor
