Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market have moved lower since my last column. The firm Canadian dollar weighed on prices. Canola was undermined by losses in the Chicago soyoil market and the absence of fresh demand. China has withdrawn from the […] Read more
2009-10 Grain Prices To Be Strong
Canola cash moves to premiums on weather
(Resource News International) — Canola cash basis bids have firmed sharply in the past week as the weather uncertainties for the crop have stimulated the move higher, said cash dealers and brokers. Canola basis levels for old-crop deliveries have climbed to a premium of as much as $12 over the July contract in the Alberta […] Read more
Canola Prices To Continue Strong
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market rallied to eight-month highs since my last column, backed down sharply from the highs and then bounced back. This bumpy ride reflected the tightness of old-crop canola supplies and planting delays. However the rising Canadian […] Read more
Grain Markets Not Catching Flu
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market have rallied since my last column with gains in U. S. markets giving a boost to Winnipeg prices. The gains however were offset by a rally in the Canadian dollar to four-month highs against the […] Read more
Soy Hits Six-Month High, Canola Doesn’t Follow
Reading Time: 4 minutes Grain and oilseed futures at the ICE Canada futures market have moved higher since my last column. Canola advanced in the wake of sharp gains in the U. S. soy complex. Commercial demand lifted the market with crushers the best buyers as crush margins improved to the best levels in five years. There was some […] Read more
USDA Reports Generally Friendly
Reading Time: 4 minutes Grain and oilseed futures at the ICE Canada futures market have been mixed since my last column, with canola higher and barley lower. Canola was lifted by gains in the U. S. soy complex, a friendly U. S. acreage report, increased export activity and bullish technical signals. Pakistan and Mexico were both in the canola […] Read more
U. S. Creates Over $1 Trillion, Sends Markets Higher
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended March 20 higher, with strength in the Chicago markets giving good support to prices. Canola was boosted by a disciplined slow approach to farmer selling, talk of Chinese export interest and […] Read more
Canola 2009-10 Outlook Weakening
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed futures at the ICE Canada futures market have generally worked lower since my last column. Canola saw bigger losses in the new crop than the old crop as tightness in the cash market on strong demand and disciplined farmer selling kept supplies […] Read more
2009 to see strength, acreage the big question
Reading Time: 4 minutes It’s Your Business For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed futures at the ICE Canada futures market closed the year with a lightly traded choppy tone as prices generally firmed. There was little fresh news. Canola climbed above the $400 per tonne level in the March contract. However, demand […] Read more
WCE close: Canola up on spec buying
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Friday’s session higher as canola was boosted by speculative buying prompted by bullish technical signals, brokers said. Canola saw a very active trade with most of the volume comprised of intermonth spreading as commercials and commodity funds continued to roll their futures contracts forward. Traders […] Read more
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