Canola futures were weaker on Friday, ending a soybean-driven rally. While soybeans had modest gains, U.S. grains were also lower. Here’s Adam Peleshaty from The Western Producer with your Feb. 6 closing grain and oilseed market update.
Canola sector pleased about U.S. guidance around clean fuel regulations Canada’s canola sector is pleased with guidance around U.S. clean fuel production credits. Proposed regulations were published this week. At first blush, they seem to support Canadian canola’s access to the U.S. market, said Chris Davidson, president of the Canola Council of Canada. Davidson was […] Read more
Canola futures were higher on Thursday, receiving a boost from soybeans still riding high off of U.S. President Donald Trump’s announcement of China buying more U.S. soybeans. Grains were also on the rise. Here’s Adam Peleshaty from The Western Producer with your Feb. 6 closing grain and oilseed market update.
Canola futures strengthened on Wednesday, while the Chicago soy complex received a boost after an announcement from U.S. President Donald Trump. Here’s Adam Peleshaty from The Western Producer with your Feb. 4 closing grain and oilseed market update.
Canola futures bounced back on Tuesday, while U.S. grains and oilseeds were mostly higher. Here’s Adam Peleshaty from The Western Producer with your Feb. 3 closing grain and oilseed market update.
Lower crude oil prices caused a selloff in grains and oilseeds on Monday. However, a weaker Canadian dollar limited canola’s losses. Here’s Adam Peleshaty from The Western Producer with your Feb. 2 closing grain and oilseed market update.
Canola futures traded to both sides of unchanged but settled with small losses after running into upside resistance. Soybean and corn futures in Chicago were also weaker, while wheat was mixed to end the week. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your Jan. 30 closing grain and oilseed market update.
CFIA hit by federal job cuts A union representing Canadian Food Inspection Agency workers says that some 1,370 jobs will be cut at the agency. This comes after Agriculture Agri-Food Canada confirmed it was eliminating 665 positions and closing seven research centres and farms across Canada. The Agriculture Union represents about 4,500 of approximately 6,400 […] Read more
Whether it be wheat, canola or soybeans, what factors go into determining the grade of seed you’ll see on the seed tag before purchasing? In part two of our conversation with KN Singh of the Canadian Food Inspection Agency, Singh talks about how seed grades are determined, what seed label information growers should keep a […] Read more
Canola futures were slightly weaker on Thursday, as the market ran into resistance to the upside and speculative positioning weighed on values. Soybeans were also lower on the day, while corn and wheat found support from crude oil and a weaker U.S. dollar. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your Jan. […] Read more