GFM Network News


Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed-money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about […] Read more

ICE weekly outlook: WASDE spillover boosts canola

Canola may soon become price-sensitive, analyst says

MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in turn spilled over into canola. The most significant factors in USDA’s world agricultural supply and demand estimates (WASDE) were further reductions to ending stocks for […] Read more


In addition to yield potential and pod integrity, consider herbicide- resistance traits when choosing canola varieties for your farm.

Consider herbicide-resistance traits when choosing canola varieties

Q & A with an expert

[UPDATED: Jan. 14, 2021] Q: Should weed populations in my field affect my canola decision? A: When selecting canola varieties for your operation in 2021, yield potential and pod integrity are front of mind. However, different varieties utilize different herbicide-resistance traits, and this, too, should be considered. Canola varieties utilizing glufosinate (LibertyLink or LL), glyphosate […] Read more

ICE weekly outlook: Rallying canola not at top yet

MarketsFarm — ICE Futures canola contracts continued to climb higher during the first few trading days of 2021 — and could still see more gains before the inevitable correction. “We’re not necessarily at the top,” said analyst Errol Anderson of Pro Market Communications in Calgary, adding “the market is going through intense demand rationing right […] Read more


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.

Crop advisor casebook: Canola shelling out while swathing

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

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

ICE canola weekly outlook: Canola dips at midweek

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





Canadian canola crush running strong

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