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(Dave Bedard photo)
Crops, Markets

Adjustments likely ahead for StatsCan’s early acreage estimates

Projections still in line with grain trade's expectations

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MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area is expected to see some shifts from the projections released Thursday. “As a result of the timing of the COVID-19 pandemic, these estimates were produced […] Read more
Nuseed has partnered with Federated Cooperatives Ltd. for the introductory launch of the canola hybrid NC355TF in limited quantities for 2020.
Canola, News

First Nuseed canola hybrid registered in Canada

Official registration received from CFIA for Nuseed Canadian canola hybrid

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The registration of Nuseed’s first Canadian canola hybrid, NC355TF, marks the seed company’s entry into the Canadian canola market. It’s the first hybrid resulting from Nuseed’s six-year Canadian canola R&D field program, which is dedicated to developing top-performance hybrids for Canadian conditions, according to the company. “This registration is the first in an exciting new […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds add to short position in canola, move to net long in soy

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MarketsFarm — The net managed money short position in canola rose slightly in late April, while soybean speculators covered some of their bearish bets, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at […] Read more
ICE May 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Demand keeps canola well supported

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MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, holding above major support as end-users showed solid demand. “The demand side of the formula is still quite good,” said Errol Anderson, of Pro Market Communications in Calgary. Domestic crushers were showing the best demand, he said, but added that exporters were […] Read more
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Canola, Crops

Supply chain working but canola groups have concerns

Federal field trials need to continue and growers need protective equipment, they say

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There have been no issues so far with supplies of inputs and parts, transportation or oilseed processing during the pandemic, canola industry officials report. “We’ve been really focused on making sure farmers have access to inputs and resources to get the 2020 crop in the ground,” Canola Council of Canada president Jim Everson said during […] Read more
(Dave Bedard photo)
Crops, Markets

Tighter canola stocks, more wheat in updated ag department tables

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MarketsFarm — Updated supply/demand tables released by Agriculture and Agri-Food Canada on Wednesday include only minor adjustments to stocks and usage numbers, with slightly tighter canola ending stocks and a small increase in wheat supplies. Canola ending stocks for 2020-21 are forecast at 2.7 million tonnes in the updated tables. That would be down from […] Read more

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