Reading Time: < 1 minute ICE Futures Canada will move to earlier opening and pre-opening times starting next month for trading in its canola and western barley futures and options. The Winnipegbased exchange’s pre-open, currently 7 p.m. CT, will move to 6:30 p.m. CT starting Monday, Feb. 28 for the March 1 trade date for all products. The opening time, […] Read more
Earlier Openings Planned For Ice
Canola Use Stronger Than Expected
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform posted some significant advances during the week ended Feb. 4, with new contract highs established in a number of months. Strong domestic processor demand for canola, along with continued strong export interest, helped to stimulate some of the strength. Adding to the upward price momentum were […] Read more
Russia Could Return To The Wheat Market
Reading Time: 3 minutes Russia can regain its place among the world’s top-three wheat exporters in the coming years as long as it can avoid catastrophes such as last year’s massive drought, which resulted in it banning grain sales abroad. Russia had ploughed capital into its grains infrastructure as part of a longer-term strategy to push into international wheat […] Read more
World Wheat Acres Seen Rising
Reading Time: 2 minutes Canola contracts traded on the ICE Futures Canada platform hit fresh contract highs yet again during the week ended Jan. 21, as the underlying technicals and fundamentals continue to point higher. It’s the same old story in canola as it’s been for the past couple of months. End-user demand is strong, supplies are tightening and […] Read more
Four New Directors For Canola Commission
Reading Time: < 1 minute The Alberta Canola Producers Commission (ACPC) has announced the results of this year’s elections by mail-in ballot for directors in ACPC’s Regions 4 and 10. Elected in Region 4 is Daryl Tuck from Vegreville. Re-elected for a second term in Region 10 is Todd Hames from Marwayne. New directors for ACPC Regions 1 and 7 […] Read more
Grain Price Outlook Good — But Prepare For Ups And Downs
Reading Time: 4 minutes It doesn’t seem to matter whether analysts are studying the market fundamentals, technical charts or the stars these days, they all agree on one thing. Prices are strong and there is plenty of potential for them to get stronger. But there was a caveat attached to the bullish outlook analysts dangled tantalizingly in front of […] Read more
Regulatory Uncertainty Threatens Research Investment In Canada
Reading Time: 3 minutes Syngenta Canada president Jay Bradshaw says wheat is Canada’s next “Cinderella” crop, but warns that the opportunity could be lost if governments stray from science-based regulations, discouraging private research investment. “My biggest competitors are inside our own global research budget,” Bradshaw told the Western Canadian Wheat Growers convention in Vancouver last week. “We need to […] Read more
Rice Prices Stay Relatively Low
Reading Time: < 1 minute Ample rice supplies from top exporters Thailand and Vietnam should keep prices in check through the first quarter, sparing Asia’s staple food from the rally in other commodity prices, analysts said. Vietnam was forecast to enjoy a bumper next crop, while top buyer the Philippines has said it would halve imports in 2011. The benchmark […] Read more
Bullish USDA Report Expected
Reading Time: 3 minutes ICE Futures Canada canola contracts bounced around in a narrow range during the first trading week of the new year, but finished a little weaker than they were to end 2010 as some profit-taking came forward to weigh on values. In the U.S., soybeans, corn and wheat also saw a similar pattern to start the […] Read more
The Year In Review: Canola Chart Ends As A Hockey Stick
Reading Time: 3 minutes Canola contracts traded on the ICE Futures Canada platform are definitely much stronger exiting 2010 then they were going into the year. Anyone making a ‘Top 10’ list of the reasons for that strength would likely cite the adverse weather conditions across the Canadian Prairies first and foremost, but strong demand, activity in outside markets […] Read more
Cyber-Savvy Farmer
