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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

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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
On the left of this NDVI (normalized difference vegetation index) satellite image is a 40-acre block recently purchased and cropped for the first time by the producer and on the right of the image is his previously cropped land.
Crops, Features

Crop advisor casebook: Why is this canola crop greener on one side of the field?

A Crop Advisor's Solution from the February 2, 2020 issue of Grainews

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David has a 2,000-acre farming operation in southeastern Manitoba where he grows corn, soybeans, canola, wheat and winter wheat. The producer had added to his farm the previous year by purchasing a 40-acre block from one of his neighbours. This was his first year cropping his newly obtained land. Since the field was right beside […] Read more
ICE March 2021 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola entering uncharted waters

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MarketsFarm — ICE Futures canola contracts climbed sharply higher in the front months during the week ended Wednesday, hitting their highest levels since 2008. The March contract settled Wednesday at $717.80 per tonne, marking the first close above the $700 per tonne level since March 2008. “Everybody is long, and everybody won’t make a profit […] Read more
Many of the injured plants had leaves turning dark-green to black in colour, while the leaves of others were a translucent yellowish-orange.
Canola, Crops, Features

Crop advisor casebook: The case of the ailing canola

A Crop Advisor's Solution from the January 19, 2020 issue of Grainews

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Harry is a grain farmer from Elstow, Sask., who called me last year in mid-June to discuss one of his crops. He’d been out inspecting his canola when he saw there was a serious problem — fields that looked fine only a few days before were now littered with some very sickly-looking canola plants. Harry […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

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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 March 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: WASDE spillover boosts canola

Canola may soon become price-sensitive, analyst says

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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

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