Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Wed Jan 15, 2014 10:52 AM CST

Historically, canola prices have been highly sensitive to the direction of the soybean market. At last year's Grainworld conference in Winnipeg, a highly respected canola trader flashed a picture of the Endeavor space shuttle being transported on top of a much larger jumbo jet, suggesting that the huge soybean market would control the overall direction of travel as did the jumbo jet hauling the space shuttle.

This is not the case with the present market. As recently as Nov. 21, the March canola contract traded at a modest $4.11 per metric tonne premium to soybeans in Canadian dollars per metric ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Interswitching Criticized
Canada's Grain Transport Conundrum
Railcar Shortage Complicated