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Canola

ICE July 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola continues its collapse

Limited demand, more farmer selling seen

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MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief on the horizon. Winnipeg-based trader Jerry Klassen of Resilient Commodity Analysis said the massive selloff is the result of farmers realizing there wouldn’t be a […] Read more
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: No floor in sight for overdone canola

'A lot of money playing around in canola right now'

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MarketsFarm — The ICE Futures canola market was in freefall mode through the first half of March, hitting its weakest levels in over a year. While the losses may be looking overdone, the bottom remains to be seen. “This has been a brutal drop in canola,” said Bruce Burnett, director of markets and weather with […] Read more
A look at the damage flea beetles can cause to otherwise healthy canola plants.
Canola, Crops, Features

Tips for flea beetle control

The pros and cons of insecticide seed treatments and in-season foliar sprays, application advice and a concerning trend

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On average, more than 22 million acres of canola are planted in Western Canada each spring.  Flea beetles will damage or destroy a significant portion of those cropped acres in any given year. What can farmers do to best protect their crops? The two most common options are treated seed and insecticide sprays. Insecticide seed […] Read more
(Richardson International video screengrab via YouTube)
Canola, Crops, Markets, Soybeans

Canola crush of 2022 smallest in five years

Meanwhile, soybean crush rose on the year

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MarketsFarm — Statistics Canada (StatCan) reported that 2022 had the smallest domestic canola crush for a calendar year since 2017. As well, 2022 marked the smallest canola oil production in five years and the least amount of canola meal produced in four years. The sharp reduction of canola being crushed was due to the 2021 […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Confirmation of large canola short position slowly appears

CFTC data flow slowly resuming

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MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out from the U.S. Commodity Futures Trading Commission (CFTC). CFTC data has stalled since a ‘cyber-related incident’ delayed the release of the data for weeks. As […] Read more
ICE May 2023 canola with 20-day moving average, RSI and CFTC Commitments of Traders data. (Barchart)
Canola, Crops, Markets

Reading between the lines: Oversold canola due for correction

Technical signs point to possible recovery

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MarketsFarm — Canola futures posted sharp losses over the past week, with the May contract touching its weakest level in six months. While damage was done from a chart standpoint, there are technical signs that a recovery is possible. RSI The relative strength index (RSI) is a technical indicator that provides insight into whether a […] Read more
The HarvestLab grain sensor can be retrofitted to 2018 and newer John Deere S700 series combines to provide real-time grain quality data when harvesting.
Equipment, Machinery

Measure grain protein on the go

John Deere’s HarvestLab offers new features for grain growers

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Most grain producers have spent time at an elevator waiting to find out the protein level of a truckload of wheat after delivering it. That, of course, makes a difference to the size of cheque the elevator manager is willing to write. Today, John Deere is taking the suspense out of that wait by making […] Read more
Canola industry ready to move forward
Canola, General

Canola industry ready to move forward

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The Canola Council of Canada celebrated a return to normalcy at its annual meeting at the Canadian Crops Convention in Ottawa. “Our theme this year is ‘from adversity to opportunity’ and I think that’s very fitting,” said Jim Everson, the group’s president. Production has rebounded following the drought of 2021, meaning there’s opportunity to develop […] Read more
A grasshopper in a canola field near Starbuck, Man. in the summer of 2019. (MarketsFarm photo by Glen Hallick)
Crops

Adama’s lambda-cy products to be available this year

Company to continue selling Silencer, Zivata after recall

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The Canadian arm of ag chem firm Adama says it’s relabelled its inventories of lambda-cyhalothrin insecticide products Silencer and Zivata and will have them available for sale to farmers in 2023. The company had said last November it wasn’t yet sure those products would be available this year under an approaching deadline following a 2021 […] Read more

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