Winnipeg, MB, Nov. 4, 2014
ICE Futures Canada canola market settled lower on Tuesday, taking some direction from the weakness in CBOT soybeans and soyoil.
Chart-based selling contributed to the declines, with Monday's turn lower shifting the nearby technical bias back to the downside, according to participants. Fund traders were actively covering short positions over the previous week, but were looking less aggressive on the buy side on Tuesday.
Sharp losses in the outside crude oil market were also bearish for the grains and oilseeds in general, according to traders.
On the other side, a lack of significant farmer selling did help limit the losses in canola. With the Canadian canola harvest done for the year, and cash-flow needs met for the time being, producers were said to be looking content to sit and wait for better prices.
Good end user demand, with China reported to be buying more Canadian canola, helped provide some underlying support for canola as well. The weaker Canadian dollar was another supportive price influence.
About 18,673 canola contracts were traded on Tuesday, which compares with Monday when 20,897 contracts changed hands. Spreading accounted for about 9,748 of the contracts traded.
Milling wheat, durum, and barley were all untraded.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Jan 431.10 dn 1.80 Mar 429.10 dn 3.30 May 429.40 dn 4.00 Milling Wheat Dec 225.00 unch Mar 231.00 unch Durum Dec 356.50 unch Mar 357.50 unch Barley Dec 140.00 unch Mar 143.00 unch Spread trade prices are in Canadian dollars and the volume represents the number of spreads:
Months Prices Volume Canola Nov/Jan 13.90 over to 16.00 over 12 Jan/Mar 0.80 under to 2.60 over 2676 Jan/May 0.90 under to 1.90 over 309 Jan/Jul 0.50 over to 2.50 over 239 Jan/Nov 3.70 over to 4.70 over 56 Mar/May 1.70 under to 0.80 under 946 Mar/Jul 0.90 under to 0.60 over 48 May/Jul 1.10 under to 2.10 over 439 Jul/Nov 1.70 over to 6.00 over 149
Commodity News Service
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
30950.00 | + 1150 | 31200.00 | + 1200 |
ПФО |
30310.00 | + 1370 | 31000.00 | + 2000 |
СКФО |
31650.00 | + 2200 | 32000.00 | + 2000 |
ЮФО |
31500.00 | + 2250 | 32000.00 | + 2300 |
СФО |
32000.00 | + 2700 | 33000.00 | + 3500 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
73000.00 | + 1000 | 73500.00 | + 200 |
ЮФО |
72000.00 | + 2200 | 74000.00 | + 0 |
ПФО |
72000.00 | + 500 | 73200.00 | + 100 |
СФО |
73500.00 | + 1000 | 74900.00 | + 0 |
Обсуждение