ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Benign weather weighs on canola

MarketsFarm — ICE Futures canola contracts were seeing choppy activity in mid-July but were under pressure overall, closing at their weakest levels in six months on Wednesday. Relatively favourable Prairie weather, speculative long-liquidation, and pressure from outside markets all weighed on values with more losses likely if no weather concerns develop. “The weather looks fairly […] Read more


Canola plants in flower in a field north of Lorette, Man. on July 20, 2022. (Dave Bedard photo)

Good ratings seen for Manitoba’s spring wheat, canola

MarketsFarm — Crops in Manitoba remain in good shape, according to the latest weekly report from the province’s agriculture ministry. In particular, Manitoba Agriculture and Resource Development (MARD) found spring wheat across the province rated 85 per cent good to excellent — but with crops not doing as well in the province’s Interlake region. While […] Read more




File photo of a rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

USDA attaché alters call on China’s ending stocks

MarketsFarm — Ahead of the July world supply and demand estimates from the U.S. Department of Agriculture (USDA), due out Tuesday, the department’s attaché in Beijing put forth its forecast changes. The attaché lowered ending stocks for China’s new-crop soybeans and rapeseed, while it increased the carryover for new-crop corn and wheat, in reports released […] Read more



Flea beetles in canola seedlings. (Canola Council of Canada video screengrab via YouTube)

Flea beetles an issue in parts of Saskatchewan

MarketsFarm — Delays to spring seeding in some regions of Saskatchewan, such as the northeast, have opened the door for infestations of flea beetles, according to provincial pest management specialist James Tansey. Canola crops that were planted later than normal are suffering from flea beetles, he said. Extremely late-seeded canola has been relatively free from […] Read more


Photo: File

BASF pegs InVigor canola woes

BASF says they are aware of the issues farmers are seeing in some of their canola varieties. A statement from the company, released in mid-June, noted that some InVigor hybrids “may be encountering various challenges that could be hindering crop establishment this season.” The issue had been noted in “select geographies” in Western Canada, according […] Read more

Alberta cereal crops lead the way in terms of favourable development in the latest provincial crop report.  Photo: File

Crop conditions in Alberta see remarkable turnaround

MarketsFarm – As the heydays of summer approach, Alberta reported that its crops were in good shape. The crop report placed all crops in the province at 75 per cent good to excellent, slightly above the five-year average. The rains throughout June were credited with the turnaround, but overall growth and development remained somewhat behind […] Read more