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Canola

(Alfio Manciagli/iStock/Getty Images)
Crops, Markets

Australian canola production heading downward, but still sizeable

New second-biggest harvest expected, USDA predicts

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MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be
The Port of Kherson in the city of Kherson, Ukraine. Is it realistic to think Russia’s invasion of Ukraine can be resolved with a truce or will the fighting continue?
Markets, News

The big numbers of the Ukraine war

Both players are major resource providers that will cast a long shadow on economies

By
”There are decades when nothing happens; and there are weeks when decades happen.” – V.I. Lenin Ever since Russia invaded Ukraine, news stories, analysis and opinions have been flying around the clock non-stop. I believe there are three sides to every story: what one side says, what the other side says and then reality somewhere
Farmers face a nutrient shortfall that could harm food security across the globe.
News

As sanctions bite Russia, fertilizer shortage imperils world food supply

From Mato Grosso to Manitoba, farmers are fretting over high prices, lack of supply

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Reuters – Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning of food shortages. Western sanctions on Russia, a major exporter of potash, ammonia, urea and other soil nutrients, have disrupted shipments of those
Sunflowers near the Ukrainian village of Grebeni on July 14, 2016. Expectations for a drastically reduced sunflower crop from Ukraine this year have led to contract highs in the European rapeseed market.
Grain Markets, Markets

Someday we’ll see it, the rainbow contraction

A bull market still needs to be fed every day

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Why are there so many songs about rainbows, and what’s on the other side? The best quote I heard while covering the agricultural markets over the week ended March 25 was from an analyst rephrasing the age-old saying of ‘What comes up, must come down.’ He noted grains and oilseeds will eventually ‘see both sides
“I don’t think farmers realize how vulnerable they are,” said Les Wedderburn. “We didn’t.”
News

Canola theft sees Rivers farmer warn others to secure farmyards

Thieves made off with a B-train load of canola, an estimated value of $40,000

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A Rivers-area farmer is warning others to take farm security seriously after thieves made off with about $40,000 worth of his canola. “I don’t think farmers realize how vulnerable they are,” said Les Wedderburn. “We didn’t.” Wedderburn farms southwest of Rivers, growing grain and oilseeds with his brother.  In early March, they opened up a
The winter snowpack has been a turnaround for Manitoba farmers, but there’s still a moisture deficit out there.
News

Overwhelming uncertainty this spring’s constant

Despite high prices and glitchy supply chains, farmers aren’t without optimism

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In the face of volatility on all sides, some Manitoba farmers are leaving nothing to chance — and that’s a good call, says one expert. “It’s overwhelming uncertainty,” said Darren Bond, a farm management specialist with the province. At the midpoint of March, hulking heaps of snow had just begun to melt. Despite flood predictions
When seeders roll in a few short weeks, farmers will be seeding into a volatile market and weather uncertainty.
Markets, News

Current market picture hangs in the balance

It’s an even murkier picture than usual this spring for farmers

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Market analyst Bruce Burnett says he’s officially in uncharted territory. As director of weather and crops information for MarketsFarm (a division of Glacier FarmMedia) and an experienced market analyst, he’s used to seeing the effect of war on grain markets. But this time, things are different, as Ukraine and Russia square off in what is
Wheat in a field near the village of Hrebeni in Ukraine’s Kyiv region on July 17, 2020.
Grain Markets, Markets

Canola’s wild ride ends up near where it started

Oilseeds are caught up in crude oil values’ ebb and flow

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Despite all the volatility in the markets over the last seven days, ICE Futures canola values ended up pretty much where they started. On March 10, the nearby May canola contract closed at $1,130.70 per tonne; a week later it finished at $1,130.20. It was a similar story for the July contract, at $1,096.40 per

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 20, 2026

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