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ICE Futures May 2020 canola (candlesticks) and CBOT May 2020 soybean oil (yellow line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola gains strength at midweek

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MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold due to bearish sentiments from outside markets earlier in the week, but prices were steadily bouncing back. Nearby ICE Futures canola was down Monday by […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Soybeans

February’s oilseed crush lower than January’s

Canola, soybean crush down on month, StatsCan reports

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MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, for a drop of 10.7 […] Read more
ICE May 2020 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola market floating headline to headline

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MarketsFarm — The ICE Futures canola market moved lower during the week ended Wednesday, but activity was choppy as futures reacted to broad swings in global financial markets. While the looming growing season should be starting to garner some attention, the COVID-19 pandemic “has grabbed all of the headlines and all of the oxygen out […] Read more
Fresh snowfall in Winnipeg’s Fort Rouge area on April 8, 2020. (GFM Staff)
Crops, Weather

Cold spring weather expected for Prairies

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MarketsFarm — Temperatures in the Prairie provinces are expected to be colder than average this spring. “There’s no indication that temperatures will be above normal,” said Bruce Burnett, director of markets and weather for MarketsFarm in Winnipeg. Low temperatures will likely cause issues for seeding in areas of the Prairies that have received late-spring snowstorms. […] Read more
In oilseed crops like canola, 
herbicide and fungicide application timing is crucial.
Crops, Features

What to look for when staging canola and flax crops

Tips for herbicide and fungicide applications in oilseeds

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In oilseed crops like canola and flax, timing is crucial for application of herbicides and fungicides to help protect yield. Proper herbicide and fungicide application timing based on the product label often comes down to a grower’s experience and knowledge of what growth stage is appropriate — and what that actually looks like in the […] Read more
A canola field blooms in Manitoba’s Interlake on July 11, 2019. (Greg Berg photo)
Canola, Crops, Markets, Weather

Canola production paths diverge for Canada, Australia

Issues seen in Canadian crop quality, logistics

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MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service (FAS) published the reports Monday, […] Read more
(Gassen/iStock/Getty Images)
Canola, Crops, Markets, Reuters

China yet to resume all canola imports from Canada, officials say

No correction measures yet shown, Chinese foreign ministry says

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Beijing | Reuters — China has yet to resume all canola imports from Canada, the foreign ministry said on Friday, after suspensions were imposed on some suppliers last year. Canola imports from some Canadian exporters were suspended by China because of quality reports and it has not received any correction measures, so imports have not […] Read more

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