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 Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers
American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.
Federal government moves to end disputes at ports of Vancouver and Montreal
Labour board will take a few days to issue order; West Coast union says it will file a legal challenge
Canadian Labour Minister Steven MacKinnon said this morning he had directed the country's labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic damage inflicted.
Montreal dockworkers’ union rejects offer; lockout begins
The Montreal Longshoremen's Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and the union said on Sunday.
Labor dispute stops canola oil, forestry exports from West Coast
Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.
ICE canola outlook: Sideways trade as resistance counters support
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
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).
Canola market hinged on rumours and reaction
Some hot gossip affected canola market sentiment in October
Reading Time: 2 minutes Some hot gossip affected canola market sentiment in October
Tariff fears trigger Chinese buying
With this spectre looming over Canadian canola, Chinese buyers are front loading their purchases
Reading Time: 2 minutes With tariff threats looming over Canadian canola, Chinese buyers are front loading their purchases.
ICE Weekly: Malaysian palm oil supports canola prices
Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.
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