Oilseeds Archives - Page 21 of 27

A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)

ICE weekly outlook: Canola scale-up selling to temper gains

By GFM Network News July 30, 2020

MarketsFarm – ICE Futures canola contracts climbed above chart resistance to hit their highest levels in six-months on July 29. While there is more room to the upside, farmer selling could temper additional gains. Fund traders adding to long positions together with solid export demand, especially from Europe, accounted for much of the recent strength […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Canola likely to move lower

By GFM Network News June 18, 2020

MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. That could pull the canola […] Read more

File photo of a sunflower crop in Manitoba. (MysticEnergy/Getty Images)

Crops, Markets, Weather

Bigger sunflower crop expected for 2020

By Phil Franz-Warkentin, GFM Network News May 15, 2020

MarketsFarm — Canada will likely see its largest sunflower crop in a number of years in 2020 if weather conditions co-operate, as good end-user demand and solid returns for growers generate increased interest in the crop. Canadian farmers intend to seed 104,400 acres of sunflowers this spring, which would be up 36 per cent on […] Read more

(Photo courtesy Canola Council of Canada)

Crops, Markets, Weather

Grains, oilseeds, pulses hold their own amid pandemic

By GFM Network News May 1, 2020

MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] 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

By Phil Franz-Warkentin, GFM Network News April 29, 2020

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 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

By GFM Network News April 9, 2020

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

Emergence in an Ontario soybean field. (File photo by John Greig)

General, Markets, Weather

Ontario extends RMP deadlines for crops, livestock

Move won't create coverage gaps, Agricorp says

By Glacier FarmMedia staff, GFM Network News April 7, 2020

Ontario grain, oilseed and livestock producers will get extra time to apply for, make changes to or cancel coverage under the provincial Risk Management Program (RMP). Agricorp, the province’s ag program delivery agency, announced Wednesday the new deadline for applications or coverage changes for 2020 will be June 30. The previous deadlines to apply or […] Read more

Crops, Markets

Strong demand supports sunflowers

By GFM Network News February 15, 2020

MarketsFarm — Global demand for sunflower oil is steadily increasing, according to Scoular’s Robert Deraas. Deraas, director of the Scoular Co.’s sunflower and bird food division, explained Wednesday at CropConnect in Winnipeg that the majority of Canadian sunflowers are grown for oil purposes. Increases in demand are driven largely by health-conscious consumers who use sunflower […] Read more

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans, wheat fall as coronavirus spreads

By Mark Weinraub, GFM Network News February 1, 2020

Chicago | Reuters — Chicago Board of Trade soybean futures fell on Friday, their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said. The losing streak marks the longest for the most-active soybean futures contract since a 10-day stretch that […] Read more

Canola, Crops, Markets

Canadian canola crush sets new monthly record

By MarketsFarm Team, GFM Network News January 25, 2020

MarketsFarm — Canadian oilseed crushers set a new monthly record for processing canola in December 2019, crushing 899,301 tonnes of the crop during the month, according to the latest data from Statistics Canada. The crush pace was up by 70,000 tonnes from November and compares with the previous record of 882,301 tonnes, set just two […] Read more

Daily Network News

Canadian aquaculture should be classed as agriculture, industry groups say

CBOT Weekly: April supply and demand report a ‘nothing burger’

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Tag Archives Oilseeds

ICE weekly outlook: Canola scale-up selling to temper gains

ICE weekly outlook: Canola likely to move lower

Bigger sunflower crop expected for 2020

Grains, oilseeds, pulses hold their own amid pandemic

ICE weekly outlook: Demand keeps canola well supported

February’s oilseed crush lower than January’s

Ontario extends RMP deadlines for crops, livestock

Strong demand supports sunflowers

U.S. grains: Soybeans, wheat fall as coronavirus spreads

Canadian canola crush sets new monthly record

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