NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Wed Jan 22, 2014 04:33 PM CST

The canola market, along with other oilseeds and vegetable oil markets, is currently closely tied to the soybean oil futures. While recent highs in the soymeal futures have come close to testing the March contract high reached in December of $440.40/ton, soybean oil futures have been trading sideways while holding above the contract low of 37.42 cents/lb, reached on January 8.

The March canola contract shares a number of similarities with the March soybean oil chart, also trading sideways above its recent contract low of $421/mt reached on January 16, while also failing to overcome resistance at its 20-day moving ...

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