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ICE January 2021 canola with 20-day moving average (yellow line) and CBOT January 2021 soymeal (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Bull market in canola’s grasp

That said, watch for cracks in demand side of equation

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MarketsFarm — Canola is deeply in the hold of a bull market that could push nearby contracts to $575-$580 per tonne, according to Errol Anderson of ProMarket Communications in Calgary. “A bull market always needs to be fed and it keeps getting fed,” Anderson said, referencing the November supply and demand report from the U.S. […] Read more
New canola varieties for 2021
Canola, Crops, Features

New canola varieties for 2021

Almost two dozen canola hybrids will be coming your way, some with improved shatter and clubroot resistance

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Looking for the latest canola options? Twenty-three new hybrids will be hitting the market for western Canadian farmers in 2021. Strong standability, improved shatter resistance and clubroot resistance are major themes in the new lineup. Please note, the following list includes only brand new variety releases for 2021. BASF InVigor L357P is a pod shatter-reduction […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Profit-taking cuts into fund net longs in canola, soy

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MarketsFarm — Fund traders were busy liquidating some of their long positions in canola and soybeans 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 […] Read more
ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola stronger at midweek

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MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are […] Read more
Lots of seeds had germinated but failed to emerge from the soil. In some places, the plants had managed to emerge, but only their stems remained above ground.

Canola, Crops, Features

Crop advisor casebook: The case of the desiccated canola

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

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Matt is a grain farmer who grows 7,500 acres of wheat, malt barley, oats and canola at his place near Whitewood, Sask. He was out walking in his canola fields one day in early June when he came across some patches of withered, desiccated canola seedlings that fell apart as soon as they were touched. […] Read more
(Alfio Manciagli/iStock/Getty Images)
Canola, Crops, Markets

Input Capital takeover falls through

Input says U.S. buyer to walk away, pay termination fee

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The Regina company that brought “streaming” to the Prairie canola marketing business is considering its other options now that a friendly cash bid from a U.S. suitor has been taken off the table. Input Capital said Thursday that Washington, D.C.-based investment firm Bridgeway National, which in August proposed to buy Input for about $96.15 million, […] Read more
(Bhofack2/iStock/Getty Images)
Canola, Crops, Soybeans

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

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The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more
(Alfio Manciagli/iStock/Getty Images)
Canola, Crops, Markets

Record-high Canadian canola supplies in commercial pipeline

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MarketsFarm — Visible canola supplies in the Canadian commercial pipeline are sitting at historically high levels, according to Canadian Grain Commission data. A total of 1.75 million tonnes of canola were sitting in commercial hands across Canada during the week ended Oct. 18 — only slightly off the record of 1.786 million tonnes set only […] Read more

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