Winnipeg, MB, July 29, 2014
ICE Futures Canada canola contracts ended weaker on Tuesday, taking some direction from the declines seen in the Chicago soy complex.
A pickup in farmer selling after Monday's rally and improving basis levels made cash prices more attractive also weighed on the futures, according to analysts.
Forecasts calling for beneficial warm and dry weather across the Canadian Prairies this week added to the bearish tone, as did continued expectations of a very large 2014/15 US soybean crop.
However, the sharp downswing in the value of the Canadian dollar limited the losses, as it made canola more attractive to crushers and foreign buyers.
Spillover from the gains in European rapeseed futures and ongoing concerns about crop damage from flooding and dryness in Western Canada this year were also supportive.
About 14,099 contracts traded on Tuesday, which compares with Monday, when 13,747 contracts changed hands. Spreading accounted for 7,510 of the trades.
Milling wheat, durum and barley futures were untraded and unchanged.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 444.10 dn 3.00 Jan 448.30 dn 2.80 Mar 449.00 dn 2.70 Milling Wheat Oct 190.00 unch Dec 195.00 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 4.20 under to 3.60 under 1,632 Nov/Mar 4.90 under to 4.20 under 171 Nov/May 0.60 under to 0.40 under 14 Jan/Mar 0.90 under to 0.10 under 1,231 Jan/May 3.10 over to 4.00 over 9 Jan/Jul 7.20 over 4 Jan/Nov 19.10 over 50 Mar/May 3.70 over to 4.20 over 389 May/Jul 4.10 over to 4.50 over 202 Jul/Nov 11.90 over to 13.20 over 53
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 |
Обсуждение