Canola Archives - Page 107 of 311

ICE March 2021 canola with 20- and 50-day moving averages and CBOT May 2021 soybean oil (dark green line). (Barchart)

ICE weekly outlook: March canola contract not quite out of game

By GFM Network News February 18, 2021

MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, according to Keith Ferley of RBC Dominion Securities in Winnipeg. Open interest in the March contract was around 15,000 as of Feb. 17. Ferley noted […] Read more

Crops, Markets

Canola stocks to tighten below a million tonnes, AAFC says

By Phil Franz-Warkentin, GFM Network News February 17, 2021

MarketsFarm — Canadian canola ending stocks in both the current 2020-21 marketing year and in 2021-22 are forecast to tighten below a million tonnes, according to updated supply/demand estimates from Agriculture and Agri-Food Canada. The tight stocks were largely tied to expectations for increased domestic usage, with projected canola exports left unchanged from the January […] Read more

Canola, Crops, Markets

Funds add to net longs in canola, U.S. futures

By Phil Franz-Warkentin, GFM Network News February 15, 2021

MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 43,967 contracts as […] Read more

Editor's column, Wheat & Chaff

Editor’s Column: All eyes on Argentina

By Kari Belanger February 12, 2021

As I write this column on Jan. 25, the world still doesn’t know if Argentina will get the precipitation it needs for average corn and soybean crop yields or if it will continue to be dry, and the country headed for below-average crop yields. I’ll come back to that in a moment. Let’s take a […] Read more

Canola, Crops, News

Tips to optimize your 2021 canola crops

Set yourself and your crop up for success

By Angela Lovell February 11, 2021

No two growing seasons are alike, but Prairie canola growers can still draw from the mix of familiar and unique challenges they faced last year to better prepare for the season ahead. “For canola, it’s about setting the crop up from the beginning, so it’s things like good trash management and weed control, and ensuring […] Read more

ICE May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Volatility day-to-day in bullish canola market

By Phil Franz-Warkentin, GFM Network News February 11, 2021

MarketsFarm — The ICE Futures canola market saw some large price moves during the week ended Wednesday, hitting fresh contract highs in many months before profit-taking came forward to weigh on values. With canola trading at historically high price levels, the potential volatility in the marketplace can go to extreme levels without much explanation, analyst […] Read more

Proteins and starches are the end game, says Bill Greuel, PIC’s chief executive officer. For too long, Canada has been selling commodities and buying back end products. The types of investments being made will change that, he adds.

Features, News

New plant protein projects open up opportunities

Investments should benefit farmers down the road

By Madeleine Baerg February 10, 2021

On November 10, 2020, Protein Industries Canada (PIC) announced its 12th major new plant protein partnership project. The six-partner, $25.7 million tech-innovation effort is PIC’s sixth major project announcement in the last five months alone. Together, the 12 projects add up to an impressive $272 million investment in Canadian agriculture since PIC formed in November […] Read more

Snow on March 28, 2013, at my Dundurn farm. My asparagus patch is between the quonset and the trees. Snow was four to six feet deep.

Columns, Crops

Les Henry: A snow job

Snow as a water source for crops

By Les Henry February 8, 2021

When we made the first-ever Soil Moisture Map in 1978, it was early days in the quest to get rid of as much summerfallow as possible. Those with Henry’s Handbook can check out page 109 to see that first map. The legend has stayed much the same. The objective of the map was to let […] Read more

Crops, Markets

StatsCan confirms canola stocks tightening

Wheat stocks also down from previous year-end

By Phil Franz-Warkentin, GFM Network News February 5, 2021

MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more

Features, News

Rebate roundup 2021

Program details to maximize your input dollars and put cash back in your pocket

By Treena Hein February 4, 2021

Once again, it’s time for the Grainews annual rebate roundup. While rebate programs aren’t the main factor in decision-making for the crop protection process, producers need to know their options. Without further ado, and in alphabetical order, here’s our annual roundup of available rebates in Western Canada for the 2021 growing season. BASF The 2021 […] Read more

GFM Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Canola