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Canola

Flush farmers have a reputation for reinvesting in their operations, which has a positive impact on the economy. (Luca Piccini Basile/iStock/Getty Images)
General, Machinery, Markets

StatsCan shows 2020 farm income up significantly

Farm cash receipts were up more than expenses

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Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw farmers take in $9.9 billion, […] Read more
ICE November 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT December 2021 soyoil (green line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Swings ahead for canola

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MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the […] Read more
Lees insight

Another canola crushing project planned for the Prairies

Ceres plans new canola crush plant near its Northgate, SK grain handling terminal.

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Two years is long enough, but boy the canola tide has sure turned since early 2019. In May 2019 the Canadian canola industry — canola growers, buyers and processors — was wringing its hands trying to figure out where to market the Canadian canola crop after China put a freeze on imports that affected about […] Read more
A view of Ceres Global Ag’s Northgate, Sask. facility as seen from its fertilizer shed in 2018. (Grainews photo by Lisa Guenther)
Canola, Crops

Ceres plans southern Saskatchewan canola crush plant

U.S. firm to build plant at border grain terminal

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U.S. ag commodities firm Ceres Global Ag, which in recent years has built up a Prairie grain and oilseed origination hub near the North Dakota border in southeastern Saskatchewan, now plans to crush canola there also. The Minneapolis company said Tuesday it plans to spend US$350 million to build an integrated crush plant with capacity […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Net long position in canola edging down

Net long increases in Chicago, K.C. wheat

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MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE […] Read more
Creep feeding may be a necessity
Cattleman’s Corner, Cow-Calf, Livestock

Creep feeding may be a necessity

With dry growing conditions, supplemental feed may be needed to make up for milk and grass shortfall

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Bridging the nutrient gap between mothers’ milk and pastures has always been the traditional purpose for creep feeding spring calves on many commercial cow-calf operations. Some producers put creep feeders out during the late summer when pasture is mature and milk of the average cow can only meet 50 per cent of her growing calf’s […] Read more
ICE November 2021 canola (candlesticks) with 20-day moving average (green line) and July 2021 canola (yellow open/high/low/close). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Attention turns to new-crop canola

'Somebody's feet will be held to the fire'

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MarketsFarm — Wide price swings in the nearby ICE Futures July canola contract over the past few weeks have sent most commercial trade into the new-crop November, with direction in the front month hard to predict given recent volatility. “Where (July canola) finally goes off the board, I have no idea, but I wouldn’t be […] Read more
Reports of spraying for diamond-back moths were very low in Alberta and Saskatchewan in 2020 and limited to only a few fields in Manitoba.
Canola, Crops

Your 2020 canola insect roundup

How big of a bite did pests take out of canola crops last year?

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Mother Nature rarely gives an easy ride on the Prairie pest front. And 2020 was no exception, said James Tansey, Saskatchewan Agriculture’s provincial insect and vertebrate pest specialist, at Canola Council of Canada’s Canola Week 2020 held last December. Though some key canola pest species showed relatively low population densities in 2020, other pests caused […] Read more

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