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(Dave Bedard photo)
Canola, Crops, Markets

Fund long position drops in canola

Net long in CBOT soybeans also down on week

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MarketsFarm — Fund traders have been busy liquidating long positions and putting on new bearish canola bets in early September. The net managed money long position in the ICE Futures market dropping sharply during the week ended Tuesday (Sept. 12), according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission […] Read more
(Brett Holmes Photography/iStock/Getty Images)
Crops, Markets

Few surprises in StatCan report, analyst says

Downward revision on canola among those few

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MarketsFarm PRO analyst Mike Jubinville said Statistics Canada’s principal field crop production report, released Thursday, did not contain too many surprises. The agency’s previous report on Aug. 29 already provided insight as to what production numbers were going to be, he said, but still warned the model-based projections in the latest report will not be […] Read more
(File photo by Dave Bedard)
Crops, Markets, Weather

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

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Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more
ICE November 2023 canola with 20- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Harvest pressure to weigh on canola

StatCan report not expected to cause much stir

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MarketsFarm — The ICE Futures canola market posted gains for the first time in more than a week on Wednesday, but damage was done from a chart standpoint with mounting harvest pressure amid relatively favourable Prairie weather conditions likely to weigh on values over the next few weeks. “It’s that time of year,” said Jamie […] Read more
Courtney Welch says Canterra Seeds works with a number of different genetics partners to develop new varieties of canola, which presents the company with a unique opportunity.
2023 Canola Guide, Canola

What’s in the canola pipeline?

Product managers of some of the country’s leading seed companies share their insights

By
Canola has been called a Canadian success story, and for good reason. It’s estimated the country’s canola value chain generates nearly $30 billion in economic activity annually. But even the best success stories sometimes must change with the times. That’s why the agriculture industry spends millions of dollars each year to develop new canola varieties […] Read more
PV 661 LCM is Proven Seed’s newest LibertyLink canola hybrid, which provides yield performance in all growing zones across Western Canada.
2023 Canola Guide, Canola

New canola hybrids for 2024

Eleven new options for Prairie producers

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Farmers in Western Canada will have 11 new canola hybrids to choose from next year, courtesy of BASF, BrettYoung, Cargill, Dekalb, Proven Seed and Corteva’s Pioneer and Brevant seed brands. Here’s our annual list of new canola releases for 2024. BASF InVigor Health L358HPC offers close to a 10 per cent yield improvement over InVigor […] Read more
Blackleg testing is relatively new and it can be difficult to understand or interpret the test results.
2023 Canola Guide, Canola, Canola Production Guide

Disease testing uptake low despite benefits

Canola disease tests help growers better manage their fields

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Canola disease testing is available free of charge in much of the Prairies, but uptake among growers and agronomists remains relatively low, according to industry officials. In Manitoba, the Pest Surveillance Initiative (PSI) lab has been offering free clubroot testing since 2014. The Manitoba Canola Growers Association lab also offers free blackleg and verticillium stripe […] Read more
(OceanFishing/iStock/Getty Images)
Canola, Crops, Markets

Numerous revisions to USDA’s data on Canadian canola

Outlooks raised for ending stocks, cut for domestic use

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MarketsFarm — Canola production numbers for Canada as estimated by the U.S. Department of Agriculture underwent several changes for the 2022-23 and 2023-24 crop years. The data for Canada was among the estimates USDA’s Foreign Agricultural Service (FAS) put in its monthly report, Oilseeds: World Market and Trade. The FAS dropped its production estimates on […] Read more
File photo of a federal office building in downtown Winnipeg. (Dave Bedard photo)
Crops, Markets

Canada’s canola carryout up on year, wheat down slightly

Barley, oats, peas also up on year

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MarketsFarm — Canadian canola ending stocks edged higher in 2022-23, while wheat carryout was slightly lower, according to the latest stocks data from Statistics Canada, released Friday. Barley, oats and peas also saw increases on the year, while lentil supplies tightened. Total wheat stocks as of July 31, at 3.58 million tonnes were down by […] Read more
ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little downside for canola, trader says

'I wouldn’t look for a big collapse'

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MarketsFarm — After trading rangebound during the week before the Labour Day long weekend, canola started the month of September by taking a tumble. The November canola contract stayed between $800-$821 per tonne from Aug. 24 to Sept. 1, with closing prices between $809-$812/tonne. When ICE Futures resumed trading Tuesday, the price dropped $13.90, to […] Read more

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