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Canola

File photo of canola under snow in October 2016. (Lisa Guenther photo)
Crops, Markets, Weather

Unharvested crops skew StatsCan stocks data

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MarketsFarm — Canadian canola stocks were slightly tighter at the end of the 2019 calendar year compared to the previous year, according to updated Statistics Canada data. However, adverse harvest conditions left a large amount of the crop unaccounted for in the survey, which skews the overall supply/demand outlook. “Because of poor weather conditions during […] Read more
(Dave Bedard photo)
Crops, Reuters

Bayer considers new tactic in Roundup settlement talks

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Reuters — As Bayer tries to settle U.S. lawsuits claiming that its Roundup herbicide causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter. Bayer has said it is engaged in mediation to resolve the […] Read more
ICE Futures July 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola values steady after losses

Weaker loonie supportive for canola

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MarketsFarm — Canola prices started the week plagued by reports of the rapidly-spreading coronavirus in China, but managed to shake off some of that resistance. At midweek, nearby ICE Futures canola contracts were between $461 and $470, after falling by over $8 on Monday. Crush margins have maintained strength, which supported canola values. Crush margins […] Read more
Finding the fit for premium fertilizer products
Crops, Features

Finding the fit for premium fertilizer products

Good for reducing the environmental footprint, crop production and management

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Enhanced efficiency fertilizer (EEF) products that provide a range of benefits in terms of crop production and management, as well as environmental benefits, are likely to play an increasingly important role in coming years of Western Canadian crop production, says Mario Tenuta, a University of Manitoba soil scientist. The products, with familiar brand names such […] Read more
ICE Futures March 2020 canola with 20- and 50-day moving averages. (Barchart)
Canola, Crops, Markets

High stocks-to-use ratio weighs on canola

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MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada (FCC), explained during his presentation […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets, Soybeans

Large funds back on short side in soybeans

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MarketsFarm — Large fund traders have moved back to the short side in soybeans while only making small adjustments in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 20,366 contracts on […] Read more

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