ICE canola weekly outlook: Tight carryout supportive

ICE canola weekly outlook: Tight carryout supportive

New crop production uncertain

ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.






An aerial view of the "patchwork" of crops showing a high percentage of blooming, yellow canola fields.

Increasing farmland prices blamed on investors

Firm estimates nine to 15 percent of farmland transactions involve ‘non-farming buyers’; an investor disagrees

a major tax and financial services firm says investors are driving up the value of farmland, preventing young farmers from entering the business. Robert Andjelic said that is bullshit.