Winnipeg, MB, Sept. 15, 2014
ICE Futures Canada canola contracts were stronger on Monday, as a rally in CBOT soyoil provided some underlying support for the Canadian futures.
Soyoil jumped sharply on Friday, but canola lagged to the upside at that time. With soyoil posting big advances again Monday, canola was pulled higher as well, said analysts.
However, the gains in canola were not as pronounced as seen in soyoil. Ongoing uncertainty over the size and quality of the Prairie canola crop kept some caution in the Canadian market, said participants.
While cold and wet conditions caused harvest delays last week, the extent of the damage is unknown and many participants remain of the opinion that actual canola production will still end up above earlier projections.
Nearby forecasts look more favourable across Western Canada, and traders will be watching yield reports closely as the harvest advances.
Bearish technical signals did temper the advances, with any strength seen as a selling opportunity from a chart-standpoint, according to traders.
About 13,338 canola contracts were traded on Monday, which compares with Friday when 13,023 contracts changed hands. Spreading accounted for 9,804 of the contracts traded.
Milling wheat, durum, and barley were all untraded.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 416.00 up 2.30 Jan 420.40 up 2.40 Mar 426.30 up 2.80 Milling Wheat Oct 189.00 unch Dec 196.00 unch Durum Oct 288.80 unch Dec 294.80 unch Barley Oct 123.50 unch Dec 125.50 unch Spread trade prices are in Canadian dollars and the volume represents the number of spreads: Months Prices Volume Canola Nov/Jan 4.80 under to 4.10 under 2,515 Nov/Mar 10.40 under to 9.70 under 157 Nov/May 14.30 under to 13.10 under 33 Nov/Jul 17.00 under to 16.50 under 11 Nov/Nov 9.00 under to 8.00 under 51 Jan/Mar 5.90 under to 5.30 under 1,010 Jan/May 9.40 under to 9.00 under 6 Jan/Nov 4.60 under to 4.50 under 12 Mar/May 4.10 under to 3.60 under 395 Mar/Jul 7.00 under to 6.90 under 28 May/Jul 3.50 under to 3.20 under 318 May/Nov 4.30 over to 5.10 over 4 Jul/Nov 6.10 over to 8.40 over 362
Commodity News Service
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