Canola Archives - Page 110 of 311

U.S. Supreme Court agrees to hear biofuel waiver case

By Reuters, GFM Network News January 11, 2021

Reuters — The U.S. Supreme Court on Friday agreed to review a lower court ruling that severely limited the government’s powers to exempt small refineries from the nation’s biofuels law, rekindling a long-running dispute between the oil and corn industries. The decision came after appeals by refining companies that argued the 10th Circuit Court’s decision […] Read more

Crops, Machinery

Railways overshoot grain revenue limits for 2019-20

Grain revenues run $5.3 million over caps, CTA rules

By Dave Bedard, GFM Network News January 7, 2021

Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Rallying canola not at top yet

By Phil Franz-Warkentin, GFM Network News January 7, 2021

MarketsFarm — ICE Futures canola contracts continued to climb higher during the first few trading days of 2021 — and could still see more gains before the inevitable correction. “We’re not necessarily at the top,” said analyst Errol Anderson of Pro Market Communications in Calgary, adding “the market is going through intense demand rationing right […] Read more

There were many unhealthy-looking plants with blackened stems that had developed cankers near the soil surface. The plants were also suffering from premature stalk drydown.

Canola, Crops, Features

Crop advisor casebook: Canola shelling out while swathing

A Crop Advisor's Solution from the January 5, 2020 issue of Grainews

By Ty Moffat January 4, 2021

Jeff is a farmer located near Brandon, Man., who grows canola, wheat and soybeans. He was out swathing a canola field in early September when he decided he should give me a call. The crop, which was at 70 per cent seed colour change, appeared to be shelling out while it was being cut and […] Read more

Canola, Markets

ICE canola weekly outlook: Canola dips at midweek

By GFM Network News December 31, 2020

MarketsFarm – ICE Futures canola contracts were weaker on Wednesday, sustaining contract prices around C$630 over the Christmas holidays. The nearby January contract closed at C$629.20 per tonne on Dec. 30, just a few pennies lower than its Dec. 23 close of C$630.90. Ken Ball of PI Financial in Winnipeg, Man., said canola prices will […] Read more

Markets

2020 grain market review: The year that felt like a decade

By GFM Network News December 30, 2020

MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off point for a decade-in-review piece pointing out some of the through lines of the grain markets during the previous ten years. Well, the pandemic hit […] Read more

Canola, Markets, Soybeans

ICE weekly outlook: Canola, soybeans – keep an eye on South America

By GFM Network News December 24, 2020

MarketsFarm – After canola incurred six consecutive sessions of gains in which new contract highs were reached, the Canadian oilseed took a bit of tumble on the Intercontinental Exchange. Such is a sample of the volatility in the market during the holidays. Keith Ferley, a trader with RBC Dominion Securities in Winnipeg, Man., suggested there […] Read more

Canola, Markets, Soybeans

Canadian canola crush running strong

By MarketsFarm Team, GFM Network News December 23, 2020

Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush […] Read more

The Prairies produce approximately 85 to 90 per cent of Canada’s honey with a major reliance on canola flowering.

Columns

Why do we let the tail wag the dog?

Is this a foretaste of livestock and grain farmer harassment in the near future?

By Ieuan Evans December 23, 2020

All kinds of minor groups rail against the vast majority of ordinary citizens; for example, the animal rights group People for the Ethical Treatment of Animals (PETA) or the anti-herbicide or pesticide groups in our cities. Take Edmonton, for example. In the city zoo, they have a long-term elephant called Lucy. The elephant is now […] Read more

Canola, Crops, Markets

Funds sitting on large net long in canola

By Phil Franz-Warkentin, GFM Network News December 19, 2020

MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders as of Tuesday […] 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