GFM Network News

Input Capital steps back from mortgage expansion plans

Up against the current canola market, “commodity streaming” firm Input Capital has put off plans to ramp up its mortgage business with canola growers. The publicly traded Regina company in February announced a “comprehensive review of strategic alternatives to enhance shareholder value” and said it was in “an ongoing search for appropriate scalable sources of […] Read more

Net short position keeps growing in canola

MarketsFarm — The large speculative short position in ICE Futures canola contracts continued to grow during the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had […] Read more

A working group is looking at opportunities to sell canola to new markets in light of China’s recent export ban on Canadian canola.

United effort to overturn China’s canola ban, say industry leaders

Call for action has been heard ‘loud and clear,’ but there are no quick fixes, warn canola groups

Call for action has been heard ‘loud and clear,’ but there are no quick fixes, 
warn canola groups

Industry leaders say Ottawa is acting on farmers’ concerns, but are warning there won’t be a quick resolution to China’s de facto ban on Canadian canola seed imports. “Several actions have been taken by both industry and government in addressing this issue in the past month,” Canola Council of Canada president Jim Everson said during […] Read more

ICE weekly outlook: Bearish funds keep canola pointed lower

MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to their large net short positions […] Read more

APP pumped up, AgriStability deadline extended against China canola ban

The federal Advance Payments Program’s loan limits and interest-free portions will be raised and the deadline for AgriStability enrolment extended in a bid to help Canadian canola growers with cash flow. Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr on Wednesday announced the expansions and extensions along with plans to engage other […] Read more