Canola Archives - Page 70 of 311

ICE January 2023 canola (candlesticks) with 20- and 50-day moving averages. (Barchart)

ICE weekly outlook: Trader sees canola topping $900 mark soon

Crush margins at 'very, very extreme levels'

By GFM Network News November 10, 2022

MarketsFarm — Despite surpassing the $900 per tonne mark at times during the week ended Wednesday, ICE Futures’ January canola contract never settled above that psychological level. Rising prices prior to the weekend later gave away to selling pressure after the weekend due to a correction in vegetable oil prices, according to broker Ken Ball […] Read more

Canola, Crops, Markets

Fund short position in canola dips to four-month low

Net long increases in CBOT soybeans

By Phil Franz-Warkentin, GFM Network News November 8, 2022

MarketsFarm — Speculators were busy covering short positions and putting on some fresh longs in the canola market during the week ended Nov. 1. That lowered the net short position in the ICE Futures canola market to its smallest level since the beginning of July, according to the latest Commitment of Traders (CoT) report compiled […] Read more

A crop of InVigor L350PC at the bolting stage. This high-yielding canola
is one of three new hybrids BASF is releasing for 2023.

Canola, Features

New canola hybrids for 2023

Higher yields, good resistance packages and pod shatter reduction are popular offerings

By Mark Halsall November 4, 2022

[UPDATED: Nov. 10, 2022] Western Canadian farmers looking for a new canola hybrid to try next year will have lots to choose from with 17 new canola options coming out for the 2023 growing season. Here’s a look at what’s coming your way from BASF, BrettYoung, Canterra Seeds, Croplan, Dekalb and Corteva’s Pioneer and Brevant […] Read more

A farmer in China piles wheat. Photo: Reuters/File

Markets, Spring Wheat

China top destination for Canadian wheat through two months

By GFM Network News November 4, 2022

MarketsFarm – China was the main destination for Canadian wheat through the first two months of the 2022/23 (Aug/Jul) marketing year, according to the latest trade data from Statistics Canada. Canada exported 534,000 tonnes of wheat to China in August and September, accounting for about 20 per cent of Canada’s total wheat exports-to-date. Japan, Bangladesh […] Read more

Canola, Markets

Canadian canola oil content up in 2022: Preliminary CGC data

By GFM Network News November 3, 2022

The average oil content of Canada’s canola crop edged higher in 2022 compared to the previous year, according to preliminary data from the Canadian Grain Commission released Nov. 1. Oil content for number one quality canola across Western Canada ranged from 34.9 to 49.2 per cent, with the average coming in at 42.7 per cent. […] Read more

Crops, Markets

ICE weekly outlook: Watch for canola to climb higher

By GFM Network News November 2, 2022

MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola somewhere in the winter months maybe trading close to $1,000 again in January,” he said. Palmer placed his suggestion on the sharp upticks that soyoil […] Read more

A combine in the Interlake runs against the setting sun on Nov. 1, 2022, in an effort to wrap up harvest. Photo: Greg Berg

Crops, Markets

Manitoba nets average crops in 2022 after wet spring

By GFM Network News November 2, 2022

MarketsFarm – Wet spring conditions delayed seeding operations across much of Manitoba to start the 2022 growing season, but warm summer conditions allowed for good development with yields for most crops showing a marked improvement over the drought-stricken 2021 harvest, according to the final crop report of the season from Manitoba Agriculture. On a crop-by-crop […] Read more

Canola, Cereals, Features, Practical Tips

Take these steps to protect the quality of your stored cereal grains and canola

Don’t let malathion residue or OTA development put your stored crops at risk

By Leah Heppenstall October 28, 2022

As crops are coming off the fields and into the bin, Keep it Clean is reminding growers of best management practices to maintain crop quality and reduce storage risk. Two of the biggest risks to stored grain are contamination and spoilage. “Before storing canola, it’s absolutely essential that the bins are clean and malathion-free,” says […] Read more

With the dramatic rise in crush capacity slated for the Prairies, the onus will be on farmers to ensure there is adequate supply to keep up with rising demand for canola seed.

Canola, Crops

Priority No. 1 for canola growers: ‘produce more’

To take advantage of the biofuel boom and all of its benefits, farmers must increase canola productivity on each acre. Which agronomic tools can you lean into for the heavy lifting?

By Mark Halsall October 27, 2022

The biofuel market in North America is rapidly expanding, thanks in part to government regulations promoting clean fuels to drive down greenhouse gas emissions. This, in turn, is driving up demand for biofuel feedstocks like canola oil, which is why Chris Vervaet says grain companies are spending some $2 billion over the next few years […] Read more

Canola, Markets

ICE weekly outlook: Sideways canola market due for a move

By GFM Network News October 26, 2022

MarketsFarm – The ICE Futures canola market largely held within its well-established sideways trading range during the week ended Oct. 26, with only the nearby November contract breaking higher as short-covering ahead of its expiry gave the month a boost. The January contract has held in a narrow range between C$860 and C$880 per tonne […] Read more

GFM Network News

U.S. livestock: Cattle futures gain on higher beef values, tight supplies

Mail strike disrupts grain sample delivery

U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties

Canola