Speculative fund traders were adding to a recently-established net short position in canola at the end of September, said the first Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) since the end of the U.S. federal government shutdown.
Funds held large net short in canola before U.S. shutdown
ICE Canada Weekly: Canola likely to remain rangebound
Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
ICE Weekly: Trade progress, new data threaten to break canola’s price range
Canola futures could be affected by trade progress between Canada and China as well as the USDA’s November supply and demand estimates.
Notable changes in exports to China, India
China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
ICE canola weekly outlook: Market rangebound
ICE canola futures saw some wide price swings during the week ended Nov. 5, although the market remains stuck in a sideways range overall.
ICE Canada Weekly: Canola could climb higher through to spring
With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
Sigurdson applauds Alberta farmers
With Alberta’s harvest virtually wrapped up for 2025, provincial Agriculture Minister RJ Sigurdson offered the government’s congratulations to the province’s farmers.
Most of Manitoba harvest wraps up for 2025
Manitoba Agriculture issued its final crop report of 2025, showing the overall provincewide harvest at 97 per cent complete as of Oct. 20. Nearly all major crops have finished combining, with 37 per cent of Manitoba’s sunflowers finished, plus 71 per cent of grain corn and small amounts of soybeans and potatoes left to do.
New opportunities for Canadian goods in Mexico
Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
ICE Weekly: No upside for canola if China situation continues: trader
Tony Tryhuk of RBC Dominion Securities said canola should stay rangebound if Canada’s trade war with China continues.