Canola Archives - Page 133 of 489 - Manitoba Co-operator

A cornfield near Victoria, about 300 km northwest of Buenos Aires, on Jan. 13. Agencies have cut back their forecasts for Argentina’s corn and soybean crops due to recent heat and drought.

Not the best week for canola

Oilseed traders’ eyes are now on South America’s forecasts

By Glen Hallick - MarketsFarm January 20, 2022

Old-crop canola ran into a tough week on ICE Futures with the nearby March contract retreating by more than $50 per tonne. Also, the May 2022 contract gave up over $40 per tonne while new-crop November remained relatively firm. Part of this pullback was that old-crop canola simply became too expensive when compared to other

Renewable diesel is going to be a game changer for Canada’s favourite oilseed. Here’s how.

News, Oilseeds

Canada’s ‘Cinderella crop’ keeps on delivering for farmers

The crop that built a reputation for its high-quality food oil, is expected to see big demand close to home as a low-carbon, renewable fuel

By Allan Dawson January 20, 2022

Canada needs more canola. There’s the traditional food market for canola oil, but the renewable fuel market is catching fire — and that’s good for farmers and Canada’s economy, says Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA). But more canola seed is needed to take full advantage of the new crushing

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

Crops, Markets

ICE weekly outlook: Choppy canola trade expected

Old-crop 'likely pushing the upper limits'

By GFM Network News, Phil Franz-Warkentin January 20, 2022

MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per tonne drop in the nearby

Using gene editing to create a more compact canola with more flowers was the goal of University of Calgary Professor Marcus Samuel and his research team.

News, Oilseeds

Researchers use gene editing to create breakthrough canola variety

Shorter, highly branched canola plants with more pods show the power of the cutting-edge technology

By Jeff Melchior January 19, 2022

Glacier FarmMedia – Researchers have used gene editing to bring to life a new shorter, highly branched variety of canola that has more pods and is easier to harvest. “Based on my conversations with some people in the agriculture industry — including primary producers — they would love to have a crop like this,” said

Federated Co-operatives in November 2021 secured an option on this land north of its Co-op Refinery Complex at Regina. (FCL.crs)

Crops

Co-op, AGT plan to crush canola at Regina

Crusher would feed FCL's planned renewable diesel plant

By Dave Bedard, GFM Network News January 18, 2022

Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that will “look to construct” a

A soybean field in Argentina. Hot and dry weather in soy- and corn-growing areas of Argentina and Brazil has been supporting those commodities in Chicago.

Grain Markets, Markets

Demand rationing still shows in canola market values

Don’t expect much export traffic in Canadian canola for now

By Phil Franz-Warkentin January 13, 2022

The ICE Futures canola market started the new year much the same as it ended the old, trending higher in an ongoing effort to ration demand in the face of tight supplies. That underlying sentiment should remain a supportive influence over the next few months, although outside influences do have the potential to trigger short-covering

ICE March 2022 canola (candlesticks) with 20-day moving average (yellow line) and November 2022 canola (green line, left column). (Barchart)

Crops, Markets, Weather

ICE weekly outlook: Despite declines, signs point to increases for canola

By GFM Network News, Glen Hallick - MarketsFarm January 13, 2022

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the ground until the fall,” he

The increase in world production of canola comes despite a downward revision to the already small Canadian crop.

Markets, News

Canola crunch seen easing: USDA

Large canola and sunflower harvests elsewhere to offset poor Canadian production

By Phil Franz-Warkentin January 10, 2022

MarketsFarm – Good canola/rapeseed crops in Australia and a number of other parts of the world along with large world sunflower seed production should help offset Canada’s small production somewhat, according to the December Oil Crops Outlook from the United States Department of Agriculture. Total global canola/rapeseed production is now forecast at 68.35 million tonnes by the

Crops, Markets

Funds holding record-large net long position in canola

By GFM Network News, Phil Franz-Warkentin January 8, 2022

MarketsFarm — Fund traders remain bullish in the canola market, growing their net long position to a new record in the latest Commitment of Traders report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 68,140 contracts as of Jan.

Manitoba Co-operator reporter Allan Dawson received 2.7 inches of rain at his home near Miami. Man., June 9 — the most rain he received in one event during the 2021 growing season. The tap turned off in July with just 0.8 inch recorded the whole month. While it was dry around Miami, some parts of the province, including the Interlake, received much less.

News

The drought of 2021 won’t soon be forgotten

Dry weather and near-record heat ended a string of bumper Manitoba crops

By Allan Dawson January 6, 2022

Late last winter a farmer friend shared his concern about the 2021 growing season. We’d had almost no snow in southern Manitoba and the previous fall and summer had been dry too. It felt like drought. He was right. As someone present for both I’d say 2021 was the worst drought here since 1988. This

Daily Network News

Mosaic misses profit estimates on weak U.S. phosphate demand

Consultations open on expanded regulations for drone pesticide application

Pulse weekly: USDA to buy US$75 million in pulses as part of support package

Canola