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Canola

(Dave Bedard photo)
Crops, Markets

StatCan’s canola call in line with expectations

Agency also boosts wheat projection

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MarketsFarm — While Statistics Canada (StatCan) cut its projection for canola production in 2022-23 by 400,000 tonnes, FarmLink Marketing Solutions senior analyst Neil Townsend said the number could go lower. StatCan on Wednesday issued its latest production estimates and lowered its call on canola from the 19.5 million tonnes forecast in its Aug. 29 report
Past week sees rapid harvest progress
Crop Report, Crops, News

Past week sees rapid harvest progress

Manitoba Crop Report: Issue 19, September 13, 2022

By
Overview Harvest progress sits at 32 per cent completed across the province, with rapid progress over the past seven days. This puts harvest completion approximately 10 harvesting days behind the 5-year average of 65 per cent completed by this time.  Cereals Winter cereal grains  Fall rye harvest is complete. Reported yields were between 45 to
An InVigor canola demonstration plot at Ag in Motion in 2019.
Crops, News

BASF announces InVigor seed treatment switch

Performance complaints earlier this spring led the company to switch gears on a recently debuted protection product

By
BASF will change the base seed treatment for InVigor canola hybrids in 2023 out of an “abundance of caution,” Brent Collins, BASF Canada head of seeds and traits, said Aug. 31. The company will remove Vercorace, debuted by BASF for the 2022 season as a broad-spectrum fungicide and flea beetle control, and release a seed
(Dave Bedard photo)
Crops, Markets

Funds add to bearish bets in canola

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MarketsFarm — The speculative net short position in the ICE Futures canola market grew during the week ended Tuesday, as fund traders added more bearish bets, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in
Weather forecasts and models suggest farmers will catch up after a slow start to the season.
News

Manitoba’s outlook good for drydown, harvest

Late summer and early fall weather look good; yields expected to bounce back to normal

By
Delayed seeding and other factors put this year’s crop well behind the five-year average but there’s reason for optimism heading into harvest time. After the agonizing wait for fields to dry this spring, followed by heavy rains through summer, harvest has been delayed by several weeks. Now it looks like the conditions are improving as the summer winds
A cooking oil production line at Lianyungang in China’s Jiangsu province on Jan. 9, 2019. Concerns over COVID-19 have again raised uncertainty about vegetable oil demand.
Grain Markets, Markets

Canola falls back

Flagging fortunes for crude and vegetable oils alike have added pressure

By
Canola continued to fall back during the week ended Sept. 1, pulled lower by a number of factors. Over the course of the week, the nearby November contract lost $21.70 per tonne, to close at $812/tonne on Sept. 1. The January 2023 contract was down pretty much the same amount, losing $21.30 at $821/tonne. In
(Dave Bedard photo)
Crops, Markets, Weather

Ending stocks tumble due to drought: StatCan

Canola stocks are below 'pipeline levels'

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MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of the 2021-22 marketing year, according to Statistics Canada. Canada’s central data agency released a report Wednesday presenting total ending stocks for the country’s major crops
ICE November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Canola trending lower

November down below $800

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MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and could be due for more weakness as seasonal harvest pressure picks up over the next few weeks. “That $800 level has been a very important price support point,” said David Derwin, commodities investment advisor with PI Financial in Winnipeg, pointing to
Harvest progress behind five-year average, crop conditions good
Crop Report, Crops, News

Harvest progress behind five-year average, crop conditions good

Manitoba Crop Report: Issue 18, September 6, 2022

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Overview Harvest progress sits at 15 per cent completed across the province, well behind the 5-year average of 51 per cent completed by this time. The effect of delayed seeding, high humidity and frequent rains have had an impact delaying harvest. Ideal harvesting conditions allowed for significant progress this past week. Crop condition looks good
A high risk area at field level.
Crops

Clubroot makes a resurgence

Favourable conditions for disease development cause concern for canola growers

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The early trickle of reported clubroot infections this year could soon become a flood, says Manitoba Agriculture oilseed specialist Dane Froese. “We have favourable conditions for the development of clubroot this year,” he said. “As with most diseases, warm moist conditions favour disease development and infection.” Clubroot is a soil-borne disease that affects canola and

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