Winnipeg, MB, Sept. 12, 2014
ICE Futures Canada canola contracts ended slightly higher on Friday, finding some spillover support from the sharp advances seen in Chicago soyoil futures, analysts said.
Significant losses in the value of the Canadian dollar during the week were also bullish, as they made canola more attractive to crushers and exporters.
Worries about possible damage to Canadian canola crops, due to very cold weather and frost this week, were also underpinning prices. Though, forecasts for next week are calling for warmer conditions.
If canola futures were following the US soy markets fully, they would've settled much higher. But, traders were reluctant buyers as they're not sure what side of the market to be on, according to a broker.
Downward pressure came from expectations of record large US soybean production, and a pickup in farmer selling as harvest is underway in some parts of Western Canada.
About 13,023 contracts traded on Friday, which compares with Thursday when 16,401 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 413.70 up 2.50 Jan 418.00 up 2.20 Mar 423.50 up 2.10 Milling Wheat Oct 194.00 unch Dec 201.00 unch Durum Oct 288.80 unch Dec 294.80 unch Barley Oct 124.00 unch Dec 126.00 unch
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 |
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