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Canola

There were many unhealthy-looking plants with blackened stems that had developed cankers near the soil surface. The plants were also suffering from premature stalk drydown.
Canola, Crops, Features

Crop advisor casebook: Canola shelling out while swathing

A Crop Advisor's Solution from the January 5, 2020 issue of Grainews

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Jeff is a farmer located near Brandon, Man., who grows canola, wheat and soybeans. He was out swathing a canola field in early September when he decided he should give me a call. The crop, which was at 70 per cent seed colour change, appeared to be shelling out while it was being cut and […] Read more
Photo: iStock/Getty Images
Canola, Markets

ICE canola weekly outlook: Canola dips at midweek

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MarketsFarm – ICE Futures canola contracts were weaker on Wednesday, sustaining contract prices around C$630 over the Christmas holidays. The nearby January contract closed at C$629.20 per tonne on Dec. 30, just a few pennies lower than its Dec. 23 close of C$630.90. Ken Ball of PI Financial in Winnipeg, Man., said canola prices will […] Read more
Photo: iStock
Canola, Markets, Soybeans

Canadian canola crush running strong

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Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush […] Read more
ICE January 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT January 2021 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola holds over $600

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MarketsFarm — ICE Futures canola contracts were stronger Wednesday, hitting multi-year highs for three consecutive days. The nearby January contract closed at $602.90 per tonne on Wednesday, gaining nearly $10 since Friday’s close of $593.60. Ken Ball of PI Financial in Winnipeg said canola is expected to go higher in order to “kill off some […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund net long in canola steady, despite liquidation in U.S.

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MarketsFarm — The large net long position fund traders are holding in canola futures held relatively steady during the week ended Tuesday, despite long liquidation in U.S. grains and oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders on Tuesday were holding […] Read more
ICE January 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT January 2021 soyoil (blue line). (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 $578.90 per tonne, gaining a few dollars after losing $7 in the prior day’s trade. Keith Ferley of RBC Dominion Securities in Winnipeg said canola’s losses were due to chart […] Read more

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