Australian crops to surpass 10-year averages

Australian crops to surpass 10-year averages

Canola 34 per cent above 10-year average

Australian farmers are forecast to grow slightly more canola and barley this year, while wheat production may dip, according to the latest estimates from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).



North American Grain and Oilseed Review: Canola improves

U.S. soybeans, wheat lower as corn bumps up

Intercontinental Exchange canola futures closed higher on Tuesday, following comparable oils to upside. A trader said the slow pace to the Canadian Prairie canola harvest might have contributed to the increases. Alberta reported its canola harvest was 0.4 per cent complete. The November canola contract improved in trying to catch up to its moving averages. […] Read more


ICE Canola Midday: Prices rising in turnaround

Slow start to canola harvest possibly one reason says trader

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned around Tuesday morning and were pushing higher, getting support from gains in comparable oils. Activity resumed after being closed for Labour Day. A trader wasn’t entirely sure as to why the vegetable oils were higher. As for canola, the trader […] Read more



Global Markets: Trump announcement this afternoon

Said to involve defense department

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump said on social media Monday that he will make an announcement at 1 p.m. CDT on Tuesday. Although it’s unclear as to exactly what Trump […] Read more

ICE canola continues lower to start week

Glacier FarmMedia — ICE canola futures were weaker Tuesday morning, seeing a continuation of last week’s losses as activity resumed following the Labour Day long weekend. Expectations for a large crop coupled with concerns over Chinese demand continued to overhang the market. Weakness in Chicago soybeans added to the softer tone in canola, although soyoil […] Read more