canola Archives - Page 94 of 137

Pulse weekly outlook: Field pea acreage increasing

By GFM Network News July 4, 2019

MarketsFarm — Last week’s report from Statistics Canada estimated that some acreage in Canada’s canola belt will instead go to field peas in 2019. Approximately 4.3 million total acres will be dedicated to field peas, StatsCan said, marking a 300,000-acre increase from estimates earlier in the year, and up from the 3.6 million acres seeded […] Read more

ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: All eyes on King Corn

By GFM Network News July 3, 2019

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more

Agriculture Minister Marie-Claude Bibeau and Trade Diversification Minister Jim Carr meet with Canadian beef and pork industry officials Wednesday in Montreal. (Photo courtesy Agriculture and Agri-Food Canada)

Beef Cattle, Hogs, Livestock, Reuters

Canada proposes China meat export solution

By Rod Nickel, GFM Network News July 3, 2019

Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian government to stop allowing meat […] Read more

A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

General, Markets, Reuters

Trudeau, China’s Xi had ‘positive’ discussions as dispute rages

By Reuters, GFM Network News June 28, 2019

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping had “positive, constructive interactions” on the sidelines of the G20 summit on Friday as a dispute between the two countries rages, Trudeau’s office said. Trudeau spoke “more than once” to Xi during a meeting of the Group of 20 leading economies […] Read more

Crops

Supercluster backs oilseed protein joint venture

By GFM Network News June 27, 2019

A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it […] Read more

Crops, Markets, Weather

StatsCan: Less canola and durum, more barley and oats

By GFM Network News June 26, 2019

MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more

Crops, Pasture, Reuters, Weather

Rain gives farmers relief, for now, from three-year drought

By Rod Nickel, GFM Network News June 25, 2019

Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. Long-awaited rains that swept the […] Read more

Crops, Markets

Less canola, more barley area expected in next StatsCan report

By GFM Network News June 24, 2019

MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more

ICE July 2019 canola futures with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Weather the main factor in canola bids

By GFM Network News June 19, 2019

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, it’s good and the forecasts […] Read more

Crops, Markets

Canola export forecast raised for 2019-20

By GFM Network News June 17, 2019

MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an increase in prevent planting acres […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News