Canola firms up, wheat lower

ICE Futures canola contracts were weaker in choppy activity for most of Wednesday’s session, but managed to settle with small gains. Losses in Chicago Board of Trade (CBOT) soybeans weighed on values for most of the session. Ample supplies in the commercial pipeline and only routine demand also pressured values. However, a slowdown in farmer […] Read more

Lower Canadian dollar helps canola

ICE Futures canola contracts ended higher on Tuesday, as weakness in the Canadian dollar provided support. The currency fell to its lowest levels relative to its United States counterpart since June 2017, which helped crush margins improve. Speculators covering short positions, spillover from Chicago Board of Trade soybeans and a seasonal slowdown in farmer selling […] Read more

Canola mixed, wheat shows stronger

ICE Futures canola contracts ended mixed on Monday, with a firmer tone in the front months and losses in the more deferred positions. While gains in Chicago Board of Trade soybeans were supportive, soyoil was lower and canola traders showed a reluctance to push values too far one way or the other. End-user demand provided […] Read more


Ample supplies keep canola weaker

ICE Futures canola contracts weaker in the most active months at Friday’s close, after trading to both sides of unchanged in choppy activity. Strength in the Canadian dollar accounted for some of the selling pressure in canola, according to participants. The currency was up by roughly half of a cent relative to its United States […] Read more

Canola stronger on lower StatsCan estimate

ICE Futures canola contracts were stronger in the most active months on Thursday, although activity was choppy as a number of conflicting influences pulled on the market. A downward revision to Statistics Canada’s canola production estimate provided underlying support. The government agency pegged the 2018-19 crop at 20.3 million tonnes, which was at the lower […] Read more


Weak Cdn $ a boost to canola

ICE Futures canola contracts were stronger on Wednesday, as weakness in the Canadian dollar provided support. The Bank of Canada kept its key overnight interest rate unchanged at 1.75 per cent on Wednesday while lowering its expectations for future rate hikes in the accompanying statement. The Canadian dollar lost two-thirds of a cent relative to […] Read more

Canola futures stronger

ICE Futures canola contracts were stronger on Tuesday, taking some direction from the gains in Chicago Board of Trade soybeans and soyoil. Speculative short covering and weakness in the Canadian dollar contributed to the firmer tone in canola, according to a broker. However, losses in the outside equity markets and reduced optimism over the tentative […] Read more

Oils rise with buoyant markets

ICE Futures canola contracts were stronger on Monday, as sharp gains in Chicago Board of Trade soyoil and soybean contracts provided spillover support. The United States markets strengthened on news that the U.S. and China had reached a trade truce over the weekend. While there was little concrete information beyond an agreement to delay additional […] Read more


Canola stronger ahead of U.S. Thanksgiving

ICE Futures canola contracts were stronger on Wednesday, as spillover from a rally in Chicago Board of Trade soyoil provided support. Speculative short-covering contributed to the gains, as traders squared positions ahead of the Thanksgiving holiday in the United States. Markets in the country will be closed Thursday, while canola will trade its normal hours. […] Read more

Cash Canadian oats solid, acreage increase likely in 2019

Recent volatility in the lightly traded Chicago Board of Trade oats futures has not been felt in the Canadian cash market, where values look solid heading through the winter months.   March oats in Chicago hit a contract high of US$3.1750 per bushel on Nov. 19, but was back trading at around US$2.90 per tonne […] Read more