Canola Archives - Page 111 of 489 - Manitoba Co-operator

With seasonal harvest pressure waning, extremely wide crush margins continue to make the best case for why canola prices could move higher.

Canola futures remain rangebound for now

Recent weakness in the loonie is supportive for exports

By Phil Franz-Warkentin October 20, 2022

The ICE Futures canola market held rangebound through the first half of October after running into the top end of its months-long trading range. There are plenty of reasons why canola could break higher, but the market doesn’t operate in a vacuum and continued steadiness or even a move lower are also possibilities. The nearby

ICE January 2023 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (black line). (Barchart)

Crops, Markets

ICE weekly outlook: Canola sees choppy, sideways month-end trade

Wide crush margins remain bullish

By GFM Network News, Phil Franz-Warkentin October 19, 2022

MarketsFarm –– ICE Futures canola contracts held within a narrow range during the week ended Wednesday, lacking any clear direction with the rolling of positions out of the nearby November contract ahead of its expiry behind much of the trade volumes. “We’re stuck a little rangebound here,” a Winnipeg-based trader said of the sideways activity,

Crop Report, Crops, News

Manitoba harvest nears completion

Manitoba Crop Report: Issue 24, October 18, 2022

By Manitoba Agriculture October 19, 2022

Overview Harvest progress sits at 90 per cent complete across the province, having caught up to the 5-year average of 91 per cent complete by week 42. Harvest is wrapping up or done in many areas of southern Manitoba, and fall fieldwork, tillage, fertilizer application and drainage is underway. Winter cereal crops appear in good

Canola plants in flower in a field north of Lorette, Man. on July 20, 2022. (Dave Bedard photo)

Crops

Prairie-wide canola variety trial program ending

'Current format' of CPT concludes: commissions

By Dave Bedard, GFM Network News October 19, 2022

The sun is about to set on the current Prairie-wide canola variety evaluation program run by the three Prairie provinces’ canola grower commissions. SaskCanola, the Alberta Canola Producers Commission and the Manitoba Canola Growers Association announced Monday that 2022 is the final year of the Canola Performance Trials (CPT) “in its current format.” “Going forward,

Alex Griffiths from DUC provides on-farm winter wheat advice.

Crops, News

Winter cereals stuck in catch-22 this fall

Conditions were ideal but the timing was off, despite grower interest

By Don Norman October 14, 2022

Conditions were nearly perfect for seeding winter cereals this fall but poor timing will likely temper the growth of seeded acres. Manitoba Agriculture cereals specialist Anne Kirk says seeded acres of winter cereals increased last year but it’s difficult to know whether the trend will continue. “I think that conditions would have been good for

Grain Markets, Markets

Canola flirts with $900 a tonne

A good selling point appears to be around $880 a tonne

By Adam Peleshaty – MarketsFarm October 13, 2022

For a fleeting moment on Oct. 4, it looked like the nearby November canola contract might pierce the $900 per tonne mark. It would have been the culmination of a meteoric $28/tonne intra-day rise for the oilseed, and a $90 rise over the previous eight sessions, if it hadn’t hit a wall and fallen to

ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets

ICE weekly outlook: Canola’s wide crush margins supportive

By GFM Network News, Phil Franz-Warkentin October 12, 2022

MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, but historically wide crush margins should keep the market well supported going forward. “The crush margins are unsustainably high,” said Ken Ball of PI Financial in Winnipeg, pointing to margins that currently work out to over $200 per tonne

Crop Report, Crops, News

Soy harvest hits half-way mark, overall harvest progress varies widely

Manitoba Crop Report: Issue 23, October 11, 2022

By Manitoba Agriculture October 11, 2022

Overview Harvest progress sits at 79 per cent completed across the province, approximately two weeks behind the 5-year average of 89 per cent complete by week 41. Canola continues to be harvested in all regions, but notable progress has been made in the Southwest region, where crops were generally later and more variable than other

Markets

Weekly Canadian canola exports climb higher

By GFM Network News, Phil Franz-Warkentin October 7, 2022

MarketsFarm – An influx of freshly harvested supplies saw weekly Canadian canola exports hit their highest level in nearly two years at the end of September 2022, according to the latest Canadian Grain Commission report. The 300,500 tonnes of canola exported during the week ended Oct. 2 marked the first time exports topped 300,000 tonnes

Crops

Alberta harvest on the verge of completion

By GFM Network News, Glen Hallick - MarketsFarm October 7, 2022

MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11

Daily Network News

USDA defends $12 billion subsidy amid farm economy challenges

Canada December retail sales down 0.4 per cent; seen up 1.5 per cent in January

Feed Grains Weekly: Domestic prices remain flat

Canola