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Canola

ICE July 2023 canola with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Weather to influence canola price movement

Short-covering seen supporting front months for now

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MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants wait to get a better handle on new-crop prospects. “There’s some concern developing on seeding delays,” said Jamie Wilton of RJ O’Brien in Winnipeg, adding […] Read more
File photo of a rapeseed field in India. (Amlanmathur/iStock/Getty Images)
Canola, Crops, Weather

India’s rapeseed output to be steady

El Nino may be a spoiler

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MarketsFarm — Rapeseed production in India has been forecast to remain quite consistent, according to the U.S. Department of Agriculture (USDA) attaché in New Delhi. The attaché projected rapeseed production for 2023-24 to hold at 11.5 million tonnes, the same in 2022-23. USDA’s official numbers placed India as the world’s No. 4 producer of rapeseed, […] Read more
Mycosphaerella blight (shown in photo) may pose a disease threat to pea crops in Alberta.
Canola, Cereals, Crops, Pulses

Prairie crop disease outlook for 2023

Your provincial experts guide you through disease pressures and risks for this season

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Predicting the crop disease outlook for the Canadian Prairies is never easy. With the wild swings in temperatures and precipitation the region faced over the past couple of years, the task has become even more challenging. “It’s always fun to speculate about what we might see,” says Michael Harding, a plant pathologist and crop health […] Read more
ICE November 2023 canola with Bollinger bands (20,2) and May 2023 canola (black line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: New-crop November canola set to step back

StatCan not expected to sway futures much

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MarketsFarm — There is presently little upside to new-crop November canola on ICE Futures, according to analyst Errol Anderson of ProMarket Communications in Calgary. Anderson pointed to losses in Malaysian palm oil and weakness in China’s soymeal market as weighing on ICE canola values, with more pressure coming out of South America. “The [soybean] production […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Canola, Crops

Louis Dreyfus expanding Yorkton canola crush plant

New expansion would more than double plant's capacity

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Louis Dreyfus’ Yorkton, Sask. canola crushing plant is about to undergo another major expansion. The project, announced Tuesday, is expected to add an additional canola crushing line and more than double the plant’s annual capacity to over two million tonnes upon completion. Construction is due to begin later this year. The crush plant, built in […] Read more
This apomictic process, if successful, allows superior combinations of plant traits to be captured and preserved without any cross-pollination.
Cereals, Columns, Crops

Hybrid wheat and apomixis

Practical Research: Are we any closer?

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Eureka! Not really. In the next year or so, Syngenta will release a hybrid wheat variety using complex crossbreeding systems just ahead of a few rival companies working on the same problem. Hybrid wheat varieties combine the traits of two parent selections. Work started on hybrid wheat around 2010, and by 2023 there will be […] Read more
Willem van Staveren says perennials and winter annuals such as dandelions, thistle and particularly kochia are targeted in the farm’s fall weed control program.
Crops, Features

Weed control timing is important: sooner is better than later

If weeds get the upper hand, a percentage of yield loss can’t be recovered

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Willem van Staveren says you can’t beat early weed control. In fact, every year on the family-run southern Saskatchewan farm, the Van Staverens plan for a post-harvest herbicide application to help control winter annual and perennial weeds in preparation for the following growing season. “It is important for us to make the late fall herbicide […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Canola fund short position shrinking

Managed money is net long on corn, soy

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MarketsFarm — Managed money fund traders continued to cover their large short positions in canola in early April, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of April 4, the net managed money short position in canola futures came in at 49,470 contracts (70,671 short; 21,201 […] Read more
(Screengrab from Merit Functional Foods video via YouTube)
Canola, Crops, Peas

Bidding open for Merit Foods for two more weeks

Stakeholder Burcon plans to put up 'compelling bid'

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The fate of Winnipeg pea- and canola-based protein processor Merit Functional Foods won’t be confirmed until the end of April at the earliest. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership March 1. According to the first […] Read more

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