canola acres Archives - Alberta Farmer Express

ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola’s uptrend still intact

By Phil Franz-Warkentin, GFM Network News April 22, 2021

MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in the middle of a demand-pull market… and the market has not yet done what it needs to do to accomplish the task of curtailing demand,” […] Read more

ICE July 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark yellow and green lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: For canola, the only certainty is volatility

"The market has to feel comfortable there’s a crop on the way"

By Glen Hallick - MarketsFarm, GFM Network News April 15, 2021

MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. Errol Anderson, an analyst with ProMarket Communications in Calgary, emphasized there will be a good amount of volatility in the markets, with wide swings possible […] Read more

Statistics Canada’s March preliminary estimates of principal field crop areas, including 2019 acreage forecast released April 24, 2019. (Statcan.gc.ca)

Crops, Markets, Reuters, Weather

Canadian farmers to reduce canola plantings by seven per cent

By Rod Nickel April 24, 2019

Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more

ICE July 2019 canola (candlesticks) with CBOT July 2019 soybeans (green) and 20-day moving average (yellow). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola sideways, waiting for news

By Phil Franz-Warkentin - MarketsFarm April 17, 2019

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is usually the quietest month of the year for us,” said Ken Ball of PI Financial in Winnipeg. In addition to large world oilseed supplies overhanging […] Read more

ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola bearish with or without China

By Phil Franz-Warkentin - MarketsFarm April 3, 2019

MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies and uncertain export prospects overhanging the market. Canadian canola exports to China are effectively non-existent right now, with the absence of that major customer casting […] Read more

Canola, Crops, Markets, Spring Wheat

StatsCan: Canola area narrows, wheat sowings expand

By Rod Nickel June 29, 2018

Reuters — Canadian farmers seeded less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. In spring, Statscan estimated […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola ‘stuck in neutral’

By Phil Franz-Warkentin - MarketsFarm May 2, 2018

CNS Canada — ICE Futures Canada canola contracts are lacking any clear direction at the beginning of May, and may stay rangebound through the seeding period. “Canola is stuck in neutral,” said Wayne Palmer, senior market analyst with Agri-Trend Marketing. “We’re at that stage where it’s rangebound, waiting for news, and watching the weather across […] Read more

Farmer Brian Derksen seeds wheat on May 2, 2017 near Miami, Man., about 80 km south of Portage la Prairie. (Screengrab from Allan Dawson video)

Crops, Markets

Grain trade skeptical of StatsCan’s acreage outlook

By Ashley Robinson - MarketsFarm April 27, 2018

CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken […] Read more

Canola, Crops, Markets

ICE weekly outlook: Sturdy canola watching weather

By Phil Franz-Warkentin - MarketsFarm April 18, 2018

CNS Canada — Canola futures are trading at roughly the same level they were a month ago, but the commodity is looking much more expensive from an end-user’s perspective, as crush margins have lost about $25 per tonne since the middle of March. “The Canadian dollar has been going up and bean oil is making […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola consolidates as crush margins deteriorate

By Dave Sims July 19, 2017

CNS Canada — Participants in the canola market have their rain gauges out this week to see if heat-blasted sections of the Prairies get enough moisture to help the beleaguered crop. “Many pockets of Western Canada are in desperate need of rain so that’s the feature right now,” said Keith Ferley of RBC Dominion Securities […] Read more

Iqaluit confirms ‘exceedingly high levels’ of fuel in water supply

Olymel CEO dies of ‘sudden’ cancer

Prairie cash wheat: CWRS bids up with U.S. futures

GFM Network News

Iqaluit confirms ‘exceedingly high levels’ of fuel in water supply

Olymel CEO dies of ‘sudden’ cancer

Prairie cash wheat: CWRS bids up with U.S. futures

Tag Archives canola acres

ICE weekly outlook: Canola’s uptrend still intact

ICE weekly outlook: For canola, the only certainty is volatility

Canadian farmers to reduce canola plantings by seven per cent

ICE weekly outlook: Canola sideways, waiting for news

ICE weekly outlook: Canola bearish with or without China

StatsCan: Canola area narrows, wheat sowings expand

ICE weekly outlook: Canola ‘stuck in neutral’

Grain trade skeptical of StatsCan’s acreage outlook

ICE weekly outlook: Sturdy canola watching weather

ICE weekly outlook: Canola consolidates as crush margins deteriorate

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