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Canola

(Screengrab from Merit Functional Foods video via YouTube)
Canola, Crops, Peas

Plant protein processor Merit Foods in receivership

Company owes $95 million to EDC, FCC

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The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers (PwC) on Wednesday announced it’s the receiver for both Merit Functional Foods Corp. and the numbered company that owns Merit’s processing plant and property in […] Read more
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola drifts downward with soybeans

Wheat's recent decline may spur canola acres

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MarketsFarm — The ICE Futures canola market drifted downward during the week ended Wednesday largely due to macroeconomic activity in the markets, according to one analyst. Jerry Klassen from Resilient Commodity Analysis in Winnipeg said canola prices have mostly followed the lead of the Chicago soy complex, while rains fell on Brazil as its soybean […] Read more
Marla Riekman says building a soil’s resilience will help it meet challenges during the growing season and improve overall crop growth.
Crops, Features

Strategies to increase your field’s potential

A panel discusses the importance of soil structure, tile drainage benefits and using precision ag and conservation to increase farm profitability

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Farming has existed in one shape or form for more than 10,000 years. While farming methods have evolved considerably over that time, one thing that has remained the same is a desire among producers to get the most possible out of their land. Improving every acre was the focus of a panel discussion at Canola […] Read more
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Rising canola market runs into resistance

Resistance seen around $835, support around $820

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MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but ran into some resistance to the upside as values held rangebound overall. “Technicals, short-covering, fund buying and a lack of selling,” were all providing support during the week along with spillover from advances in Chicago soyoil, according to Jamie Wilton of […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC revises crop estimates

Export, new-crop production outlooks revised lower for flax

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MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday released its February supply and demand estimates with numerous small changes. AAFC held its projections for 2022-23 grains and oilseeds production at 89.489 million tonnes. As for exports, the department reduced them from 45.715 million tonnes last month to now 45.49 million. Furthermore, domestic usage was […] Read more
This is a good example of a uniform canola plant stand. The even germination across the field indicates the crop was seeded properly and is making efficient use of fertility. With this uniform stand, producers will get effective use and good coverage of fungicide and insecticide applications. The uniform stand also ensures even maturity at harvest.
Canola, Crops, Features

Tips to achieve a uniform canola crop

Slow down and pay attention to details to get the most out of crop inputs

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There are all kinds of factors that will affect the success of any seeded crop. Some factors can be controlled, others can’t. Getting proper stand establishment certainly tops the list of key production practices for all crops, especially for optimizing canola yields, says an agronomist with the Canola Council of Canada (CCC). Having the proper […] Read more
Four years of plot and field research by Farming Smarter to study the use of a precision planter, such as this Monosem planter to seed grains, oilseeds and pulse crops, show overall the planters produce an even crop stand and good yields particularly on 12-inch row spacing.
Crops, Features

In search of a uniform crop stand

Seeding research and technology are working to help farmers increase yields with potential to reduce input costs

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If uniformity of stand establishment is a key element to optimizing crop yield, is one seeding system better than another? Should you run out and buy something new? According to Jason Casselman, an agronomy specialist with the Canola Council of Canada, farmers can make gains in the uniformity of their canola stands just by paying […] Read more
ICE March 2023 canola with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola drifting lower

Near-record soy still expected from South America

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MarketsFarm — ICE Futures canola contracts drifted lower during the week ended Wednesday, although values remained rangebound overall. “The market is maybe coming to the realization that we still have near-record South American (soybean) supplies on hand,” Ken Ball of PI Financial in Winnipeg said of the downtrend. While Argentina has suffered crop losses from […] Read more
ICE March 2023 canola with 20-day moving average (yellow line, right column) and Canadian dollar value in U.S. dollars (red line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: March canola unchanged from last week

Loonie's relative strength seen as drag on values

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MarketsFarm — The ICE Futures canola market was once again trading rangebound for the week ended Wednesday, as the March contract was left unchanged from one week earlier at $828.20. The contract oscillated between a range of $819.40 and $837 per tonne during the week, all the while seemingly immune from larger price ranges seen […] Read more
Western Canada’s Brown soil zone stretches north from the Canada-U.S. border through south-central Alberta and southwestern Saskatchewan.
Canola, Crops, Features

More canola in the Brown soil zone?

While it may not be an ideal fit for this oilseed crop, farms in the area known as Palliser’s Triangle could see a big boost in canola acreage. Here’s why

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Palliser’s Triangle is considered one of the most arid sections of the Canadian Prairies and led the man for whom it is named to once remark the area wasn’t fit for man nor beast due to its sandy soil and unpredictable rainfall. Although that may have been true when Capt. John Palliser mapped the area […] Read more

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