Canola Archives - Page 113 of 311

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

ICE weekly outlook: Bull market in canola’s grasp

That said, watch for cracks in demand side of equation

By GFM Network News November 13, 2020

MarketsFarm — Canola is deeply in the hold of a bull market that could push nearby contracts to $575-$580 per tonne, according to Errol Anderson of ProMarket Communications in Calgary. “A bull market always needs to be fed and it keeps getting fed,” Anderson said, referencing the November supply and demand report from the U.S. […] Read more

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Crops, Markets, Reuters

Louis Dreyfus to gain first outside investor

Abu Dhabi's ADQ fund to acquire indirect 45 per cent stake

By GFM Network News November 11, 2020

Paris | Reuters — Louis Dreyfus Co. (LDC) has agreed to sell a 45 per cent stake to Abu Dhabi’s ADQ, the companies said on Wednesday, the first outside investment in the family-owned commodity merchant’s 169-year-old history. The deal comes after a search by chairwoman Margarita Louis-Dreyfus for an investor to relieve debt built up […] Read more

Canola, Crops, Features

New canola varieties for 2021

Almost two dozen canola hybrids will be coming your way, some with improved shatter and clubroot resistance

By Madeleine Baerg November 9, 2020

Looking for the latest canola options? Twenty-three new hybrids will be hitting the market for western Canadian farmers in 2021. Strong standability, improved shatter resistance and clubroot resistance are major themes in the new lineup. Please note, the following list includes only brand new variety releases for 2021. BASF InVigor L357P is a pod shatter-reduction […] Read more

Canola, Crops, Markets

Profit-taking cuts into fund net longs in canola, soy

By Phil Franz-Warkentin, GFM Network News November 7, 2020

MarketsFarm — Fund traders were busy liquidating some of their long positions in canola and soybeans 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 as of Tuesday were holding a net long position in ICE Futures canola […] Read more

CBOT January 2021 soybeans (candlesticks) with ICE January 2021 canola (yellow line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans hold near four-year high

Focus shifts to Tuesday's USDA report to gauge tightening supply

By Christopher Walljasper, GFM Network News November 6, 2020

Chicago | Reuters — Chicago soybean futures held near a four-year high on Friday as Brazilian dryness and strong demand from leading importer China kept the market focused on the prospect of tightening supplies. Corn and wheat dipped but were underpinned by weather risks and Chinese-fueled international demand. The most-active soybean contract on the Chicago […] Read more

Crops, Markets

Export demand keeps Thunder Bay grain traffic solid

By MarketsFarm Team, GFM Network News November 5, 2020

MarketsFarm — Grain movement out of Thunder Bay continues to run at a very strong pace, with shipments to Europe, the Middle East and North Africa behind much of the increased movement. As of Saturday, more than two million metric tonnes of grain have been directly exported from Thunder Bay elevators by ocean-going (saltie) vessels […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Canola stronger at midweek

By GFM Network News November 5, 2020

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are […] Read more

Crops, News

Seed growers pick the year’s top performers

Although most crops did quite well in 2020, a few varieties really stood out

By Lee Hart November 4, 2020

On average, 2020 presented a pretty decent growing season, with decent yields and decent grain, oilseed and pulse crop quality, all contributing to a general sense of industry optimism, say seed growers across Western Canada. Region to region it wasn’t perfect — some excessive rains in the central Peace River region and parts of northern […] Read more

Many farmers are interested in data collection but are not sure about the return on investment.

Editor's column, Wheat & Chaff

Editor’s Column: Why bother with data collection? Money, says one Saskatchewan farmer

By Kari Belanger November 3, 2020

If you’ve been taking a closer look at precision ag and data collection, you’re not alone. Farmers are focused on what types of data can be collected, how to collect it and what it can be used for on their farms. Trevor Scherman, a Battleford, Sask.-area grain farmer, started collecting data years ago for a […] Read more

Lots of seeds had germinated but failed to emerge from the soil. In some places, the plants had managed to emerge, but only their stems remained above ground.

Canola, Crops, Features

Crop advisor casebook: The case of the desiccated canola

A Crop Advisor's Solution from the November 2, 2020 issue of Grainews

By Melanie Sopatyk November 2, 2020

Matt is a grain farmer who grows 7,500 acres of wheat, malt barley, oats and canola at his place near Whitewood, Sask. He was out walking in his canola fields one day in early June when he came across some patches of withered, desiccated canola seedlings that fell apart as soon as they were touched. […] 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