Winnipeg, MB, July 28, 2014
ICE Futures Canada canola contracts ended stronger on Monday, following the sharp gains seen in the Chicago soy complex.
But, canola futures lagged soybeans and soyoil to the upside as traders were being cautious, waiting for fresh news on the state of the western Canadian canola crop, analysts said. CWB is conducting a tour of Prairie crops this week, with conclusive results expected on Thursday.
Canola futures also found some spillover support from the advances seen in Malaysian palm oil and European rapeseed futures.
Steady demand, slow farmer selling and the need to keep a weather premium built into prices were also bullish.
However, forecasts calling for improving weather that will benefit western Canadian crops this week limited the advances.
Continued expectations of a large 2014/15 US soybean crop were also bearish.
About 13,747 contracts traded on Monday, which compares with Friday, when 10,123 contracts changed hands. Spreading accounted for 9,714 of the trades made.
Milling wheat, durum and barley futures were untraded and unchanged.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 447.10 up 4.60 Jan 451.10 up 5.10 Mar 451.70 up 4.90 Milling Wheat Oct 192.00 unch Dec 197.00 unch Durum Oct 250.00 unch Dec 256.00 unch Barley Oct 137.50 unch Dec 139.50 unch
Months Prices Volume Canola Nov/Jan 4.00 under to 3.30 under 1,335 Nov/Mar 4.40 under to 3.90 under 300 Nov/May 1.20 under to 0.40 under 158 Nov/Jul 4.50 over 14 Nov/Nov 14.90 over 1 Jan/Mar 0.90 under to 0.10 under 917 Jan/May 2.80 over to 4.00 over 130 Mar/May 3.10 over to 4.40 over 987 May/Jul 4.10 over to 4.40 over 414 Jul/Nov 11.80 over to 13.30 over 601
Terryn Shiells, 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 |
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