China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
Canola
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
Canadian canola ending stocks largest since 2020
Canadian canola ending stocks for 2023/24 were up significantly from the carryout the previous year, while revisions to the year-ago data saw wheat stocks tighten, according to the latest data from Statistics Canada released Sept. 9.
China begins anti-dumping probe into Canadian canola
China announced on Monday the start of a one-year anti-dumping investigation into imports of canola from Canada, just weeks before Ottawa's 100 per cent tariffs on Chinese-made electric vehicles and other products come into force.
Alberta harvest progressing rapidly
Warm temperatures and only minor rain delays allowed farmers in Alberta to make good harvest progress during the week ended Sept. 3, according to the latest provincial crop report. Total harvest progress for major crops came in at 31.5 per cent, which was up from 18.2 per cent the previous week and roughly double the […] Read more
Hail, strong winds damage Prairie crops
A series of storms left a path of destruction in all three Prairie provinces from Aug. 19 to 25. More than one million acres were either damaged or destroyed by the storms bringing hail and strong winds, leading to more than 2,800 claims of crop damage, according to the Canadian Crop Hail Association (CCHA). “This […] Read more
Solid Canadian grain/oilseed exports to start 2024/25
Canadian grain and oilseed exports through the first month of the 2024/25 marketing year are running well ahead of what moved during the same time the previous year, with just over a million tonnes of canola already moved, according to the latest data from the Canadian Grain Commission. Total exports of all the major grain, […] Read more
Strip tillage reducing erosion risk
For this Alberta farmer, the practice is one tool to protect vulnerable crops from the blast of prevailing winds
John Kolk hasn’t ironed out all the wrinkles involved in getting a crop seeded and growing while reducing or eliminating the risk of soil erosion, but the southern Alberta farmer has made “significant progress.” In recent years, a combination of practices that include cover crops and strip tillage have helped to hold the soil in […] Read more
Saskatchewan farmers making good harvest progress: report
Saskatchewan farmers made good harvest progress during the week ended Sep. 2, according to the latest provincial crop report. An estimated 42 per cent of the 2024 crop was harvested across the province, which was up from 25 per cent the previous week and ahead of the five-year average of 34 per cent done. The […] Read more
ICE Weekly: Canola market suddenly in a very bad position
China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This […] Read more
Manitoba Crop Report: Harvest nearly one-quarter complete
Manitoba’s harvest continued to progress, reaching 24 per cent completion as of Sept. 2 despite light to moderate precipitation in most areas, according to the latest provincial crop report. Combining for winter wheat and fall rye was near complete at 97 per cent with a few fields in the northwest and Interlake regions yet to […] Read more
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