NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Wed Apr 23, 2014 05:04 PM CDT

As shown on the attached chart, the Vancouver cash basis for canola has widened from $80 over the May to $45 over the May in less than a month, according to reporting by the ICE exchange.

A combination of increasing supplies on the west coast along with growing weakness in oilseed demand, led by actions in China, may be behind the move.

The average weekly unloads for canola at west coast terminals was just shy of 198,000 mt over the past five weeks (week 32 to week 36), with three of the five weeks seeing unloads top 200,000 mt. This ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • Study Your Farm Bill Options Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Canada Markets
Canada Markets
Canada Markets
DTN Fertilizer Outlook
Sask., Ont. Crop Reports
Manitoba Crop Report
Canada Markets
Rail Problems Unlikely in 2014/15
Canada Markets
Canada Markets