GFM Network News

More News →

Canola

Canola, Crops, Markets, Weather

Canola production paths diverge for Canada, Australia

Issues seen in Canadian crop quality, logistics

By ,
MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service (FAS) published the reports Monday, […] Read more
Canola, Crops, Markets, Reuters

China yet to resume all canola imports from Canada, officials say

No correction measures yet shown, Chinese foreign ministry says

By ,
Beijing | Reuters — China has yet to resume all canola imports from Canada, the foreign ministry said on Friday, after suspensions were imposed on some suppliers last year. Canola imports from some Canadian exporters were suspended by China because of quality reports and it has not received any correction measures, so imports have not […] Read more
Canola, Crops, Markets

Funds covering shorts in canola

Traders also move to net long in Chicago soybeans

By ,
MarketsFarm — Fund traders covered short positions in canola and moved to a net long position in Chicago soybeans during the week ended Wednesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Wednesday at […] Read more
Canola, Crops, Markets

ICE weekly outlook: Canola loses strength at midweek

By ,
MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the […] Read more
Canola, Crops, Markets

Canola dockage agreement with China expires, but limited exports to continue

Most remaining shipments meet Beijing's requirement

By ,
Exports of Canadian canola seed exports to China will continue, at the same reduced pace seen since March last year — but only if it contains less than one per cent dockage. A memorandum of understanding (MOU) between the two countries allowing higher dockage ends Tuesday (March 31), a Canadian government official said in an […] Read more
Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola, soy crush margins up sharply

By ,
MarketsFarm — As canola and other ag commodities made strong gains over the last week, there was something a little strange about them, according to Winnipeg-based trader Bill Craddock. Crush margins, he said, follow prices for edible oils and meal, as well as the Canadian dollar. It’s all part of the formula used to calculate […] Read more
Canola, Crops, Markets

Fund traders cover canola shorts, liquidate corn longs

By ,
MarketsFarm — Fund traders were covering short positions in canola and liquidating longs in corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 58,455 contracts (2,163 long/60,618 […] Read more

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 3, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.