Winnipeg, MB, July 21, 2014
ICE Futures Canada canola contracts ended sharply lower on Monday, with the November future nearing its mid-February contract low of $431.50 per tonne. Prices were finding some spillover pressure from the losses seen in the Chicago soybean complex.
The declines in canola were also linked to speculative selling, as they added to their already large short position, analysts said.
The market's technical bias remains pointed lower, which also contributed to some of the price softness, traders said.
Good weather for US soybean crops and improving forecasts in Western Canada added to the bearish tone.
However, slow farmer selling and uncertainty about how large the Canadian canola crop will be due to weather problems this year limited the declines.
About 23,679 contracts traded on Monday, which compares with Friday when 17,011 contracts changed hands.
Milling wheat, durum and barley futures were untraded and unchanged.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 433.90 dn 9.40 Jan 437.20 dn 9.60 Mar 437.10 dn 9.30 Milling Wheat Oct 188.00 unch Dec 193.00 unch Durum Oct 250.00 unch Dec 256.10 unch Barley Oct 137.50 unch Dec 139.50 unch
Commodity News Service Canada
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29150.00 | + 700 | 29160.00 | + 660 |
ПФО |
27950.00 | + 300 | 28050.00 | + 50 |
СКФО |
28700.00 | + 500 | 28950.00 | - 50 |
ЮФО |
28150.00 | - 200 | 28950.00 | - 50 |
СФО |
28400.00 | - 100 | 28300.00 | - 200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
71000.00 | + 850 | 73250.00 | + 1380 |
ЮФО |
69800.00 | + 200 | 74000.00 | + 3500 |
ПФО |
71000.00 | + 1450 | 73000.00 | + 2950 |
СФО |
72000.00 | + 1800 | 75000.00 | + 4500 |
Обсуждение