canola Archives - Page 80 of 143

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola steady at midweek

By GFM Network News August 20, 2020

MarketsFarm — Canola contracts at ICE Futures showed strength earlier in the week, due to comparable strength in Chicago soyoil. “Bean oil is keeping it firm,” said Ken Ball of P.I. Financial in Winnipeg — but canola was still lagging behind. “It won’t go up as much as United States markets.” Soybean oil started to […] Read more

An artists’ rendition of the Merit Functional Foods plant under construction in Winnipeg. (Meritfoods.com)

Canola, Crops, Peas

Plant-protein processor’s new processing plant gets grant

Feds, province put up cash for new equipment

By Dave Bedard, GFM Network News August 18, 2020

The federal and Manitoba governments have added a seven-figure contribution to their support for a new facility to process plant proteins from canola and peas. Merit Functional Foods will put the additional money toward “new equipment purchases that will support the transformation of raw inputs into value-added goods.” The unspecified new technology is expected to […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

U.S. investor to buy Prairie canola ‘streaming’ firm

All-cash deal offers $97.5 million for Input Capital

By Dave Bedard, GFM Network News August 13, 2020

A U.S. investor has stepped forward with an all-cash bid for the Regina company that brought “streaming” to the Prairie canola marketing business. Input Capital, which in February last year began to review options such as a sale or merger to “enhance shareholder value,” said Wednesday it has a deal to sell all of itself […] Read more

ICE November 2020 canola with Bollinger (20,2) bands. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola facing resistance ahead of harvest

By Phil Franz-Warkentin, GFM Network News August 13, 2020

MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, signalling that the top may be in for the time being as the harvest gets started. “There’s clearly been a shift in canola,” Ken Ball of PI Financial in Winnipeg said of the move away from the early August […] Read more

File photo of a cooking oil bottling line in Spain. (Sabor de España/iStock/Getty Images)

Canola, Crops, Markets, Reuters

Canadian canola prices spike as shippers find back door to China

'Profits are extravagant... It is like gold oil now'

By Rod Nickel, GFM Network News August 10, 2020

Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police […] Read more

Canola, Crops, Markets

Managed money’s net long position grows in canola

By Phil Franz-Warkentin, GFM Network News August 7, 2020

MarketsFarm — Fund traders remained on the buy side in canola in early August, adding to their recently established net long position, 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 24,489 […] Read more

Crops, Markets

Canola exports top 10 million tonnes in 2019-20

By MarketsFarm Team, GFM Network News August 7, 2020

MarketsFarm — Total Canadian canola exports during the 2019-20 crop year were up nine per cent on the year, and slightly above the five-year average, according to the latest weekly data from the Canadian Grain Commission (CGC). With 229,800 tonnes exported during the final week of the 2019-20 marketing year, the preliminary total canola exports […] Read more

File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)

Crops, Markets, Weather

Crop tour suggests record-large wheat harvest ahead

By Reuters, GFM Network News August 6, 2020

Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We expected a big crop and […] Read more

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Weaker U.S. dollar ripples into canola

By GFM Network News August 6, 2020

MarketsFarm — As the Canadian dollar continues its rise, the adverse effects on canola could become more pronounced, according to Errol Anderson of ProMarket Communications in Calgary. Anderson’s expectations are for the loonie to hit a range of 75-77 U.S. cents, which could see canola drop $5-$10 per tonne. “The loonie, even though our economy […] Read more

Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)

Canola, Crops, Reuters

Canada says requirements for Huawei exec’s extradition to U.S. met

By GFM Network News August 4, 2020

Reuters — Canada’s attorney general says the requirements for extraditing Huawei chief financial officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show. Meng, 48, was arrested in December 2018 on a warrant from the United States, which alleges that she misled […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Tag Archives canola

ICE weekly outlook: Canola steady at midweek

Plant-protein processor’s new processing plant gets grant

U.S. investor to buy Prairie canola ‘streaming’ firm

ICE weekly outlook: Canola facing resistance ahead of harvest

Canadian canola prices spike as shippers find back door to China

Managed money’s net long position grows in canola

Canola exports top 10 million tonnes in 2019-20

Crop tour suggests record-large wheat harvest ahead

ICE weekly outlook: Weaker U.S. dollar ripples into canola

Canada says requirements for Huawei exec’s extradition to U.S. met

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