GFM Network News









Canola futures continue their slide

CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies. […] Read more



There are a lot of ships, like this one at Tiplam terminal in Santos, loading Brazilian soybeans for shipment to China this spring. The country has been the largest purchaser of American soybeans but stopped buying in early April after being threatened with U.S. tariffs.

While U.S. soybean growers fret, canola keeps shining

China has stopped buying American soybeans, while canola trade is comfortably boring

A potential U.S.-China trade war has American soybean growers anxiously watching the horizon, but it looks like smooth sailing for canola markets. “Canola is a high-quality oil that processors would use more of if they could get their hands on it. This does encourage more growth and also the increase of crush capacity we’ve seen […] Read more


ICE weekly outlook: Canola futures linked to NAFTA

CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] Read more