A pickup in export demand and a tightening supply outlook have resulted in some improvement in values paid for yellow mustard in Western Canada — but prices will need to increase substantially if end-users want farmers to consider growing the crop next spring. "We’ve seen a small jump in the bids for yellow mustard as […] Read more
Demand for Prairie mustard improves
Canola shortage sparks creative attempts to attract deliveries
ICE-y future Minimal uptake in new milling wheat, durum and barley contracts puts their life in doubt
Reading Time: 3 minutes Steady demand provided canola futures on the ICE Canada platform with plenty of support during the week ended Oct. 26. Much of the demand was associated with the emergence of fresh Chinese buying interest, with at least three cargoes of Canadian canola purchased by the country. There were hints that additional sales were made, but […] Read moreCanola exports now expected to decline
Supply concern Production now forecast lower than last year, and price-conscious buyers expected to cut purchases
Reading Time: 2 minutes Canadian canola exports during the 2012-13 crop year were expected to come in at a record-high level — but smaller-than-anticipated production is now predicted to dim those prospects. Agriculture and Agri-Food Canada, in its September supply/demand outlook, had forecast Canada’s 2012-13 canola export program to come in at a record 8.701 million tonnes, with Japan, […] Read moreICE remains optimistic on Prairie wheat, durum, barley
Milling wheat, durum and barley futures contracts on the ICE Futures Canada trading platform have failed to attract any kind of significant trading interest but officials with the exchange remain optimistic that the contracts will become viable risk management tools. Activity in the milling wheat, durum and barley contracts on the Winnipeg-based exchange’s platform has […] Read more
Canola export outlook changes amid production shortfall
Canadian canola exports during the 2012-13 crop year were expected to come in at a record-high level — but smaller-than-anticipated production is now predicted to dim those prospects. Agriculture and Agri-Food Canada, in its September supply/demand outlook, had forecast Canada’s 2012-13 canola export program to come in at a record 8.701 million tonnes, with Japan, […] Read more
Prairie winter wheat crop off to fairly good start
The early harvest of grain and oilseed crops in Western Canada allowed for increased seeding of winter wheat and for the crop to get off to a good start, according to industry participants. "The opportunity to increase the seeded area to winter wheat on the Canadian Prairies was there this fall," said Bruce Burnett, a […] Read more
Lower-than-expected canola yields push prices higher
Reading Time: 4 minutes Only small gains were experienced by canola contracts on the ICE Futures Canada platform during the week ended Aug. 31, although values did push towards highs not seen in some time. Talk of lower-than-expected yields as the canola harvest advances across the Canadian Prairies provided some of the upward momentum as did the continued push […] Read more
Canola buyers bide time waiting on new-crop supply
Reading Time: 3 minutes Canola contracts on the ICE Futures Canada platform had small losses during the week ended Aug. 17, with the advancing harvest operations on the Prairies and pre-hedging by elevator companies, in anticipation of increased deliveries of old-crop supplies and new canola off the combine, behind some of the price weakness. Canola futures dropped $7.80 to […] Read more
Threats to U.S. soybean crop elevate canola futures
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform continued to benefit greatly from the extremely hot and dry weather conditions in the key growing regions of the U.S. soybean belt during the week ended July 6. The threat of reduced soybean yields in the U.S. definitely maintained the weather-based rally that has pushed ICE […] Read more
Rained-out Saskatchewan canola fields support futures
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform strengthened during the week ended June 22, with gains spurred on by the weather issues in the U.S. Soybean Belt. Fresh Canadian canola export sales to China helped to influence the price advances, as did steady demand from the domestic processing sector. Concern over flooded-out canola […] Read more
Cyber-Savvy Farmer
