Reading Time: 2minutes In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
Reading Time: < 1minute The Manitoba Canola Growers Association says proposed canola tariff relief under a Canada-China agreement is positive, but details on canola oil remain unclear.
Reading Time: < 1minute Jamie Wilton, trader for RJ O’Brien in Winnipeg, said he and the canola trade is watching and waiting while Prime Minister Mark Carney visits China this week.
Reading Time: 2minutes When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
Reading Time: 2minutes Canola’s sharp drop on Dec. 3 could be the beginning as the trade anticipates a larger canola production estimate from Statistics Canada on Dec. 4.
Reading Time: < 1minute Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
A message from April Stewart, Country Guide's Associate Editor