Winnipeg, MB, Sept. 10, 2014
ICE Futures Canada canola contracts ended lower on Wednesday, despite forecasts calling for frost in some Prairie growing regions this week, as traders bet the adverse conditions wouldn't do much damage to canola, analysts said.
Expectations that canola production will be larger than earlier expectations and some farmer hedging added to the bearish tone.
Selling ahead of Thursday's monthly USDA production and supply and demand report and the unwinding of some canola/soy spreads further undermined values.
However, some spillover support came from the firmer tone seen in the Chicago soy complex on Wednesday.
Prices were testing recent lows during the session, but chart support held, preventing further downside.
Activity continued to be quiet, with only about 6,711 contracts traded on Wednesday, which compares with Tuesday when 8,412 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 414.70 dn 1.80 Jan 419.20 dn 2.10 Mar 424.20 dn 2.50 Milling Wheat Oct 196.00 unch Dec 202.00 unch Durum Oct 284.80 unch Dec 290.80 unch Barley Oct 124.00 unch Dec 126.00 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 |
Обсуждение