ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Canola rangebound, awaits report

New StatsCan data due out Monday

MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end of their wide sideways range. A new production report from Statistics Canada, due out Monday (Aug. 30), could set the stage for a break one […] Read more

CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)

CBOT weekly outlook: Factors worth watching

Oats showing recent strength

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was going to recommend to the […] Read more


A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)

Imperial Oil lays out Alberta renewable diesel plan

Company would use 'locally grown' canola, soybean oils

Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The project, which still requires final approval, is part of majority-owner Exxon Mobil’s goal of producing more than 40,000 barrels per day of low-emissions fuels by […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Canola remains expensive

MarketsFarm — Concerns over the likelihood of a much smaller canola crop than previously anticipated, coupled with a very tight supply situation, continued to underpin values this week. That price rationing in turn has kept canola more expensive than other edible oils, according to trader Keith Ferley of RBC Dominion Securities in Winnipeg. “The market […] Read more


While it is important to be aware of risks associated with feeding canola forage, it may provide an alternate forage for drought-stricken livestock producers.

Drought-stressed canola possible forage for livestock

It can work as an emergency source, but some risks need to be managed

Drought stress has resulted in poor canola stands that are unable to be harvested. Poor canola stands may provide an alternate forage option. “Livestock producers facing forage shortages may be able to feed their cows canola, provided they take certain precautions,” says Miranda Meehan, North Dakota State University Extension livestock environmental stewardship specialist. “While canola makes palatable feed, it may […] Read more

(Dave Bedard photo)

Richardson buys up veg oil-based drilling lubricant maker

Grain firm supplies canola oil to Control Chemical

The Calgary maker of Matex drilling fluids is under new ownership from one of its minority owners and its biggest supplier of crude canola oil. Winnipeg grain firm Richardson International announced last Tuesday it has bought full ownership of Control Chemical Corp. for an undisclosed amount. Control Chemical is billed as a specialized manufacturer of […] Read more



Photo: iStock

ICE weekly outlook: Major canola supply issues ahead

MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower production. The drought across the Prairies dashed canola production estimates from the initially anticipated 20 million tonnes, to something that could be in the range […] Read more


Insect infestations and mould growth are the main causes of grain quality degradation. For example, insects can increase from being barely noticeable to a major infestation in just three to four weeks during the months with higher temperatures.

Ten tips for successful grain storage

Two storage experts discuss how to preserve cereal crop quality in the bin

Grain farmers can breathe a sigh of relief once harvesting is done, but the job isn’t over until the crop is out of the bin and in the hands of buyers. That’s why preserving the quality and, therefore, the value of stored grain is so important. We asked two storage experts — Ken Hellevang, extension […] Read more