GFM Network News


Traders look to new crop following StatsCan stocks estimates

Reading Time: 2 minutes CNS Canada — Canadian canola stocks were relatively tight at the close of the 2016-17 crop year, which should be underpinning the market as the trade works to get a better handle on new-crop production. In a report released Wednesday, Statistics Canada pegged Canadian canola supplies as of July 31 at 1.35 million tonnes, compared […] Read more

Visible Canadian canola stocks tightest in four years

Reading Time: < 1 minute CNS Canada — Canola supplies in commercial hands in Canada dropped to their tightest level in four years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 511,500 tonnes, are down from the already tight level of 556,700 posted the previous week, and represent the […] Read more


Visible canola stocks tightest in nearly three years

Reading Time: < 1 minute CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted the previous week and represent […] Read more

Canada’s canola stocks drop beneath ‘low’ line

Reading Time: < 1 minute CNS Canada — Canola supplies in commercial hands in Western Canada dropped below one million tonnes during the week ended Sunday, hitting only 854,600 tonnes, according to the latest Canadian Grain Commission report. Visible canola stocks are typically considered low whenever they move below one million tonnes. Current supplies on hand are the smallest since […] Read more


Visible Canadian canola stocks tighten

Reading Time: < 1 minute CNS Canada –– Canola supplies in commercial hands in Western Canada are tightening, with the latest Canadian Grain Commission weekly report showing only 1.05 million tonnes in the pipeline as of Sunday. Visible canola stocks are typically considered low whenever they move below one million tonnes. The current supplies on hand are the smallest since […] Read more

ICE weekly outlook: Tight supplies keep canola supported

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts were up and down during the week ended Wednesday, although the nearby bias could still be pointed higher, according to a market analyst. Statistics Canada is forecasting record canola seedings in 2017 of 22.4 million acres, but Wayne Palmer of Agri-Trend Marketing in Winnipeg said actual seeded […] Read more


ICE weekly outlook: Canola along for ride with soybeans

Reading Time: < 1 minute CNS Canada — While springtime canola supplies look favourable for prices, bearish oilseed situations elsewhere leave ICE Futures Canada prices straddled with downside, especially ahead of a key production report. “The supply and demand fundamentals on canola are all optimistic, better than they are on most oilseeds,” said Mike Jubinville of ProFarmer Canada. “But let’s […] Read more

ICE weekly outlook: Growers hanging onto supplies

Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts chalked up gains for the week ended Wednesday, as farmers hung onto supplies in the quest to draw out better prices. The January canola contract was the most consistent mover, finishing higher for the seventh consecutive session on Wednesday. Either “producers are not selling it or the […] Read more