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(Thinkstock photo)
General, Markets

Farm cash receipts up in 2020

Crop receipts and direct payments up, livestock slightly lower

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MarketsFarm — New data from Statistics Canada on Tuesday showed Canadian farm cash receipts went up in 2020, despite the COVID-19 pandemic, on the strength of rising crop prices and exports. The total value of farm cash receipts in the country totalled $71.7 billion in 2020, an 8.1 per cent increase from the previous year. […] Read more
ICE March 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Profit-taking to pressure canola

Market appearing overdone

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MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to the upside and profit-taking came forward to put some pressure on values. “The traders that are still long are playing the game of forcing the […] Read more
NDVI image of canola variety trials.
Canola, Crops, Features

Crop advisor casebook: NDVI map conflicts with eye test

A Crop Advisor's Solution from the February 16, 2020 issue of Grainews

By
It is routine procedure at our office to monitor NDVI satellite images of our canola variety trials using digital ag software. This helps us to react quickly to any problems as well as take note of any differences that may arise between trial treatments over the course of the season. One day in mid-July last […] Read more
(Dave Bedard photo)
Crops, Markets

Canola stocks to tighten below a million tonnes, AAFC says

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MarketsFarm — Canadian canola ending stocks in both the current 2020-21 marketing year and in 2021-22 are forecast to tighten below a million tonnes, according to updated supply/demand estimates from Agriculture and Agri-Food Canada. The tight stocks were largely tied to expectations for increased domestic usage, with projected canola exports left unchanged from the January […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Funds add to net longs in canola, U.S. futures

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MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased 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 were holding a net long position in ICE Futures canola of 43,967 contracts as […] Read more
Tips to optimize your 2021 canola crops
Canola, Crops, News

Tips to optimize your 2021 canola crops

Set yourself and your crop up for success

By
No two growing seasons are alike, but Prairie canola growers can still draw from the mix of familiar and unique challenges they faced last year to better prepare for the season ahead. “For canola, it’s about setting the crop up from the beginning, so it’s things like good trash management and weed control, and ensuring […] Read more
ICE May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Volatility day-to-day in bullish canola market

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MarketsFarm — The ICE Futures canola market saw some large price moves during the week ended Wednesday, hitting fresh contract highs in many months before profit-taking came forward to weigh on values. With canola trading at historically high price levels, the potential volatility in the marketplace can go to extreme levels without much explanation, analyst […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan confirms canola stocks tightening

Wheat stocks also down from previous year-end

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MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more

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