Canola Archives - Page 111 of 311

ICE January 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT January 2021 soyoil (green line). (Barchart)

ICE weekly outlook: Canola holds over $600

By GFM Network News December 17, 2020

MarketsFarm — ICE Futures canola contracts were stronger Wednesday, hitting multi-year highs for three consecutive days. The nearby January contract closed at $602.90 per tonne on Wednesday, gaining nearly $10 since Friday’s close of $593.60. Ken Ball of PI Financial in Winnipeg said canola is expected to go higher in order to “kill off some […] Read more

Bourgault is offering an air planter option on its 3820 and 3335 drills.

Equipment, Machinery

Unveiling the air planter

Bourgault introduces an air planter option for its drills

By Scott Garvey December 15, 2020

In the industry, there are a lot of canola producers that are interested in and playing around with planters, says Rob Fagnou, marketing specialist at Bourgault. “(They’re) trying to get their (seeding) rates down as low as possible and control them at low rates to reduce their costs. And we also see more corn and […] Read more

Pea yields are challenged by disease, specifically with aphanomyces, which is a soil-borne disease that has long life in the soil. The creation of a resistant variety would be a game changer in the pea seed market.

Crops, Wheat & Chaff

Farmers’ needs drive variety trends

Q & A with an expert

By Brianna Lummerding December 14, 2020

Q: What makes the biggest little seed on the block? A: New grain varieties are constantly entering the marketplace. These varieties bring new innovations including updated disease resistance and yield improvements. But what makes certain varieties stand out over others and their names well known? It is the balance of all desired traits into varieties […] Read more

ICE January 2021 canola with Bollinger (20,2) bands and 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola entering holiday mode

By Phil Franz-Warkentin, GFM Network News December 10, 2020

MarketsFarm — ICE Futures canola contracts hit fresh multi-year highs following the release of updated production data from Statistics Canada, but the market ran into resistance and could be expected to see some consolidation ahead of the New Year. The most-active January contract touched a session high of $599 per tonne on Friday last week, […] Read more

Corn, Crops, News

Practical corn production tips

A Manitoba producer shares his success secrets for growing corn

By Lee Hart December 7, 2020

A higher seeding rate and narrower row spacing for corn translates into higher input costs, but it should also optimize yields, says Myron Krahn, adding that corn has been part of the rotation on his southern Manitoba family farm as long as he can remember. Krahn and his wife, Jillian, operate Krahn Agri Farms Ltd. […] Read more

Canola, Crops, Markets

Fund net long in canola steady, despite liquidation in U.S.

By Phil Franz-Warkentin, GFM Network News December 5, 2020

MarketsFarm — The large net long position fund traders are holding in canola futures held relatively steady during the week ended Tuesday, despite long liquidation in U.S. grains and oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders on Tuesday were holding […] Read more

Crops, Markets

Grain, oilseed exports well ahead of year-ago

Chinese demand up substantially for Canada's crops

By MarketsFarm Team, GFM Network News December 5, 2020

MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by nearly five […] Read more

Huawei chief financial officer Meng Wanzhou arrives at court in Vancouver on Nov. 23, 2020. (File photo: Reuters/Jennifer Gauthier)

Crops, Reuters

U.S. in talks with Huawei exec on resolving criminal charges, source says

'This would be a great way to end this nightmare'

By GFM Network News December 4, 2020

Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more

CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and CBOT January 2021 soyoil (black line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans up one per cent as soyoil climbs

Corn up; wheat declines on global supply outlooks

By Julie Ingwersen, GFM Network News December 3, 2020

Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Crops, Markets, Reuters

Canada’s canola harvest smallest in five years

Wheat crop a bin-buster, StatsCan report finds

By Rod Nickel, GFM Network News December 3, 2020

Winnipeg | Reuters — Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year. Canola production looked set to reach 18.7 million tonnes, down 4.5 per cent from last year and below trade expectations. It was a […] 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