Reading Time: 2 minutes Some hot gossip affected canola market sentiment in October
Canola market hinged on rumours and reaction
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.
Vancouver port employer could shut out foremen, grain will not be hit
Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employers at Canada's biggest port said on Friday, but grain handling would not be affected.
Port of Montreal workers at two terminals start new strike, employer group says
Reuters – Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers’ association said. The strike affects two terminals operated by Termont, which handle about 40 per cent of the port’s container traffic but only about 15 per cent […] Read more
Second opinion on grain grade available: Canadian Grain Commission
Farmers can ask for a final quality determination from the Canadian Grain Commission if they disagree with their grain grade or other quality assessment from the elevator
Ukrainian grain exports to fall in 2024/25: USDA attaché
Ukrainian grain exports are expected to be down in the 2024/25 marketing year due to smaller crops, tighter carryout stocks and the ongoing challenges of shipping through the Black Sea, according to the United States Department of Agriculture’s Foreign Agricultural Service in Kyiv.
Canola goes bullish
A few factors have lined up to improve the outlook for canola
Reading Time: 2 minutes Canola futures markets have improved by about $100 per tonne over the past month, trading in mid-October at their highest levels since the end of July.
Production concerns drive canola market
Output likely below StatCan estimate but StatCan and USDA remain stubbornly optimistic
Reading Time: 2 minutes An analysis of the factors pushing Intercontinental Exchange canola futures upward.
Prairie wheat bids mixed as U.S. futures, loonie weaken
Hard red spring wheat bids in Western Canada were mixed during the week ended Oct. 24, although the general bias was lower in most locations.
CBOT Weekly: Corn, soybeans rising, wheat slipping
Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
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