ICE May 2022 canola (candlesticks, right column) with 20-, 50- and 100-day moving averages (yellow, green and black lines) and NYMEX May 2022 WTI crude oil (grey line, left column). (Barchart)

ICE weekly outlook: Strong canola market to ‘see both sides of rainbow’

MarketsFarm — ICE Futures canola contracts climbed to their highest levels ever during the week ended Wednesday before running into some profit-taking resistance. Its general uptrend remains intact for the time being, but a downturn is also inevitable. The nearby May canola contract hit a session high of $1,177.80 per tonne on Wednesday, before backing

CCA president Bob Lowe speaks at a press conference in Ottawa on March 21, 2022, calling for federal back-to-work legislation to end a work stoppage at Canadian Pacific Railway. (CPAC video screengrab via YouTube)

Ag industry groups seek legislated end to CP stoppage

Feed, fertilizer traffic already way behind, groups say

Warning they don’t have time to wait on negotiation, representatives for cattle feeders, fertilizer producers and grain growers took to Parliament Hill on Monday to press for the federal government to instead legislate Canadian Pacific Railway’s engineers and conductors back to work. Traffic halted on CP lines just after midnight ET Sunday morning as the


(Dave Bedard photo)

AAFC warns of uncertainty in latest crop outlook

MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion






Gas pump.

Comment: Biofuels are a fake climate change solution

There are too many costs of all types to make biofuels a solution to our problems

Biofuels in Canada cannot be produced without a subsidy or a government order called a mandate. The Canadian and various provincial governments are again increasing biofuel mandates as a simple solution to the serious climate change crisis we face. But are biofuels the solution politicians claim? Biofuels sound good and with mandates they cost government




The Roquette pea protein plant near Portage la Prairie. Manitoba’s protein industry has grown significantly since the plant was announced in 2017.

HALFWAY THERE: Manitoba at midpoint of protein strategy goals

The province has rolled out Project ASPIRE to implement its sustainable protein action framework

The province is over halfway to meeting the investment and employment goals within its Protein Advantage Strategy, said Ag Minister Derek Johnson. “This is outstanding,” said Johnson as he opened the virtual Manitoba Protein Summit on February 22. Manitoba attracted around $73 million in new investment in 2021 for a total of $753 million in new protein