Winnipeg, MB, August 28, 2014
ICE Futures Canada canola contracts ended stronger on Thursday, as speculators were buying amid uncertainty surrounding how large 2014/15 Canadian canola supplies will be, analysts said.
That uncertainty stems from extremely variable growing conditions seen throughout the summer, as well as a lack of news about how recent cool, wet conditions in some areas have impacted canola crops.
Steady commercial demand, slow farmer selling and sentiment that the market is due for a corrective bounce added to the bullish tone.
Some spillover support also came from the gains seen in Chicago soybean futures.
However, ongoing expectations of record large 2014/15 US soybean production helped to cap the advances.
Some downward pressure also came from the stronger Canadian dollar, as it makes canola more expensive for crushers and exporters.
About 15,689 contracts traded on Thursday, which compares with Wednesday when 15,265 contracts changed hands.
Milling wheat and durum futures were untraded and unchanged. Barley futures saw some activity, with 25 October contracts traded at a lower price.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 425.20 up 3.30 Jan 431.00 up 3.50 Mar 436.10 up 3.70 Milling Wheat Oct 204.00 unch Dec 209.00 unch Durum Oct 250.00 unch Dec 256.00 unch Barley Oct 125.00 dn 10.00 Dec 137.00 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 |
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