Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
Alberta harvest wraps up
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
ICE canola weekly outlook: Weak soybeans a “problem”
The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.
Canadian Grain Commission releases August export report
The Canadian Grain Commission's monthly report on grain exports for August 2024 - the first month of the 2024/25 marketing year.
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Barley, Canola, Cereals, Crops, Lentils, News, Oats, Pasture, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Combining in Saskatchewan ahead of five-year average
Harvesting in Saskatchewan is in the home stretch as warm and dry conditions for the week ended Sept. 30 saw a 12-point gain to 91 per cent complete, the provincial agriculture department reported.
Bayer to acquire HyTech canola facility
Bayer CropScience Inc. announced on Oct. 3 it will purchase the HyTech canola treating and packaging plant near Coaldale, Alta. with the sale to be made final on Nov. 1.
ICE Canada Weekly: Canola’s turnaround a ‘gift’ says broker
The turnaround in canola futures on the Intercontinental Exchange indicates canola traders are ignoring issues with China and the strike among Port of Vancouver grain workers.
Fund traders add to bearish bets in canola
Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
ICE canola weekly outlook: Contracts hovering above lows
The ICE Futures canola market held above major chart support during the week ended Sept. 11, as uncertainty over a Chinese anti-dumping investigation tempered any attempts at moving higher.
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