(Dave Bedard photo)

Canada’s farmers seen seeding less canola than expected

Reading Time: 2 minutes Reuters — Canadian farmers intend to seed less canola than expected, and will sow record-large areas with pulse crops, according to the government’s first farmer survey of crop sowings for 2016, released on Thursday. Wheat seedings are also expected to decline, but not as much as traders and analysts expected on average. Statistics Canada estimated that […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola weak, but finding support

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts posted losses in most months during the week ended Wednesday, though the market uncovered some support to the downside and finds itself well off its nearby lows. The larger-than-expected old-crop stocks uncovered by Statistics Canada in its September 3 report remain a bearish influence overhanging the market. […] Read more