Winnipeg, MB, Oct. 1, 2014
ICE Futures Canada canola contracts settled narrowly mixed on Wednesday, retreating from earlier advances by the close as farmer hedges and a lack of buying interest weighed on values.
Gains in CBOT soybeans and soyoil provided some spillover support for canola throughout the session. The November canola contract briefly moved above the psychological C$400 per tonne level, but it was unable to sustain a move above that key chart point. The general technical downtrend remains in place, which made the early gains a good selling opportunity, according to participants.
Hedges also came forward late in the day, and were not met with any significant buying interest, according to traders.
The uncertainty over the size of the Canadian canola crop did keep some caution in the market.
Statistics Canada releases updated production estimates on Friday, October 3. While most industry participants anticipate a slight upward revision to the size of the canola crop, actual yield reports have been highly variable as the harvest moves forward.
About 16,095 canola contracts were traded on Wednesday, which compares with Tuesday when 18,927 contracts changed hands. Spreading was a feature, accounting for 14,556 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 395.90 unch Jan 402.30 dn 0.20 Mar 409.30 dn 0.20 Milling Wheat Dec 192.00 unch Mar 201.00 unch Durum Oct 309.70 unch Dec 310.70 unch Barley Oct 118.00 unch Dec 119.00 unch Spread trade prices are in Canadian dollars and the volume represents the number of spreads: Months Prices Volume Canola Nov/Jan 7.00 under to 6.30 under 3,771 Nov/Mar 14.00 under to 13.00 under 972 Nov/May 20.40 under to 20.30 under 151 Nov/Jul 26.00 under 7 Nov/Nov 32.70 under 5 Jan/Mar 7.20 under to 6.80 under 866 Jan/May 13.70 under to 13.60 under 257 Jan/Jul 19.70 under to 19.50 under 6 Mar/May 6.80 under to 6.60 under 610 May/Jul 6.60 under to 5.70 under 328 Jul/Nov 7.00 under to 5.00 under 305
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