Winnipeg, MB, Oct. 29, 2014
ICE Futures Canada canola market moved sharply higher on Wednesday, as a rally in the CBOT soy complex provided the catalyst for some speculative short-covering in the Winnipeg market as well.
Soymeal led to the upside in the US, due to tight supplies of the livestock feed and logistics issues in the Midwest, said traders. Soybeans and soyoil were also higher, while overnight advances in Malaysian palm oil and European rapeseed contributed to the general strength in the oilseeds.
Speculative short-covering was a feature of the canola trade, as some buy stops were hit and the funds worked to cover some of their large short positions, according to a broker.
The rally did encourage some farmer selling on the other side, which tempered the gains.
The advancing US soybean harvest and improving weather conditions for soybeans in Brazil were also said to have put some pressure on values.
About 32,146 canola contracts were traded on Wednesday, which compares with Tuesday when 34,283 contracts changed hands.
Milling wheat, durum, and barley were all untraded.
Settlement prices are in Canadian dollars per metric ton.
Price Change Canola Nov 444.40 up 10.70 Jan 431.50 up 6.50 Mar 431.50 up 6.80 Milling Wheat Dec 225.00 unch Mar 231.00 unch Durum Dec 356.50 unch Mar 357.50 unch Barley Dec 140.00 unch Mar 143.00 unch
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