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Oilseeds

New canola varieties for 2021
Canola, Crops, Features

New canola varieties for 2021

Almost two dozen canola hybrids will be coming your way, some with improved shatter and clubroot resistance

By
Looking for the latest canola options? Twenty-three new hybrids will be hitting the market for western Canadian farmers in 2021. Strong standability, improved shatter resistance and clubroot resistance are major themes in the new lineup. Please note, the following list includes only brand new variety releases for 2021. BASF InVigor L357P is a pod shatter-reduction […] Read more
CBOT January 2021 soybeans (candlesticks) with ICE January 2021 canola (yellow line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans hold near four-year high

Focus shifts to Tuesday's USDA report to gauge tightening supply

By ,
Chicago | Reuters — Chicago soybean futures held near a four-year high on Friday as Brazilian dryness and strong demand from leading importer China kept the market focused on the prospect of tightening supplies. Corn and wheat dipped but were underpinned by weather risks and Chinese-fueled international demand. The most-active soybean contract on the Chicago […] Read more
The declaration applies to all the commonly grown grains, as well as most pulse and oilseed crops.
News

New grain declaration one more liability issue

Signing is a regulatory requirement under the Canada Grains Act

By
A new declaration Prairie grain farmers need to sign this fall as they deliver grains, oilseeds and pulse crops to the elevator looks simple enough, but farmers should be aware signing it is now a regulatory requirement that comes with legal consequences if someone messes up with deliveries. It is unlikely, or perhaps even rare, […] Read more
(Photo courtesy Canada Beef Inc.)
General

AgriStability in Bibeau’s sights as ministers’ meeting booked

Removing reference margin limit a palatable option

By
Federal, provincial and territorial (FPT) ministers of agriculture are scheduled to meet Nov. 20 and 27 to discuss improving business risk management (BRM) programs. Federal Agriculture Minister Marie Claude Bibeau said she is confident counterparts from Quebec, Ontario and British Columbia will be willing to contribute their share to make significant improvements to AgriStability, the […] Read more
(PortMetroVancouver.com)
Crops, Markets

Baltic Dry Index at four-month lows

Declining demand seen from China

By ,
MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in the spring when global markets first started reacting to the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved […] Read more
Rep. Collin Peterson, chairman of the House agriculture committee, speaks to reporters at the Reuters Financial Regulation Summit in Washington on April 27, 2009. (File photo: Reuters/Mike Theiler)
General, Reuters

U.S. House ag leader loses election, unsettling Midwest farm sector

By ,
Chicago | Reuters — Democratic U.S. Rep. Collin Peterson, chair for the House of Representatives’ agriculture committee, failed to win re-election in Minnesota on Tuesday, a loss some agriculture leaders said could hurt the U.S. Midwest grain belt. Though Democrats retained control of the House and therefore will again chair the committee, Peterson’s exit could […] Read more
CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans reach four-year high on global supply concerns

Corn, wheat rise to one-week highs

By ,
Chicago | Reuters — Chicago soybean futures reached four-year highs on Thursday as continued dryness in South America’s crop areas raised supply concerns at a time of brisk Chinese demand. Corn and wheat hit their highest in more than one week on strong demand and supply concerns. The most-active soybean contract on the Chicago Board […] Read more
ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola stronger at midweek

By
MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans lift on South American weather concerns

Market weighs U.S. vote, pending WASDE report

By ,
Chicago | Reuters — Chicago soybean futures gained on Wednesday, touching a one-week high as recent rains in South America do little to aid drought-stricken crops, making U.S. beans more attractive on the world market, traders said. Wheat fell slightly as U.S. and global supply outlooks remain strong, while corn was choppy, paring early declines […] Read more

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