Canola Archives - Page 137 of 490 - Manitoba Co-operator

Smaller crops likely in StatsCan survey-based report

MarketsFarm — Mindful of the summer drought conditions that seriously cut into crop production across the Prairies, average trade estimates call for downward revisions to Statistics Canada’s already-small forecasts for most crops when the it releases its first survey-based estimates of the marketing year on Friday. While prior reports, in September and August, were compiled

Crops

Grasshoppers and flea beetle key pests of 2021

Conditions encouraged outbreaks, dampened effects of control strategies

By Alexis Stockford November 29, 2021

If producers were hoping for a break on flea beetles and grasshoppers this year, they didn’t get it. Both made the highlight reel for the most serious pest damage in the province, according to a seasonal summary released by Manitoba Agriculture and Resource Development in early November. In both cases, it’s a continuation of a

Flood waters cover the Trans-Canada Highway near Abbotsford, B.C. in an aerial view Nov. 16. Washouts on roads and rail lines effectively severed bulk and container traffic in and out of the Port of Vancouver.

Grain Markets, Markets

Where does January canola go now?

The oilseed contract might not plummet if other edible oils hold up

By Glen Hallick - MarketsFarm November 25, 2021

The big long that has built up in January canola could lead the contract’s price either way on the Intercontinental Exchange (ICE Futures). The January presently remains over $1,000 per tonne, as it’s believed spec funds are keeping at such a high level. However, trading will come to an end in that contract — and

ICE January 2022 canola (candlesticks) with March 2022 (green line) and November 2022 canola (yellow line, left column). (Barchart)

Crops, Markets

ICE weekly outlook: Canola market strong but choppy

By GFM Network News, Phil Franz-Warkentin November 25, 2021

MarketsFarm — Nearby ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, while= deferred months moved lower. The new-crop November 2022 contract had overshot to the upside and was due for a correction, said Keith Ferley of RBC Dominion Securities in Winnipeg. Any weakness would likely be met by commercial buying,

News

Nitrogen shortage threatens yields: CF Industries

Shortages span the globe and could cut crop production next season

By Rod Nickel November 24, 2021

Reuters – A shortage of nitrogen fertilizer due to soaring natural gas prices is threatening to reduce global crop yields next year, CF Industries, a major producer of the crop nutrient, said. European gas prices have jumped amid high demand, as economies recover from the pandemic and with below-average gas storage levels at the start

The concept of soil as a living organism is an idea we’re only just beginning to understand, says Maria DeRosa, a professor at Carleton University.

News

When the plant speaks, nutrients listen

A Canadian researcher may have found a radically new way to fertilize crops

By Jeff Melchior November 24, 2021

Glacier FarmMedia – It sounds like science fiction, but some day there may be a fertilizer that only activates once the plant tells it to. That’s an oversimplification, but it’s the premise behind a researcher’s prototype for a “smart” fertilizer which uses a unique chemical to “listen” to calls for nutrients from the plant roots.

A worker inspects soybeans during the soy harvest near the town of Campos Lindos, Brazil, February 18, 2018.

Farmit Manitoba, News

Global crop production picture improves

Big U.S., Brazil harvests and slowing China demand ease some crop shortage fears

By Marcelo Teixeira, Mark Weinraub November 23, 2021

Big U.S. harvests, near-perfect weather for planting in Brazil and signs of slowing purchases by top buyer China are bolstering supplies of two of the top globally traded commodities: soy and corn. The rising stocks indicate that prices for those key crops, as well as for other staples such as sugar and coffee, may have

Crops, Markets

AAFC lowers canola export forecast

Domestic canola usage raised; other crops largely unchanged

By GFM Network News, Phil Franz-Warkentin November 23, 2021

MarketsFarm — Canadian canola exports during the 2021-22 marketing year are forecast to be smaller than earlier projections, Agriculture and Agri-Food Canada (AAFC) reported late Friday. Domestic usage, however, was raised in the report, keeping ending stocks of the crop steady with the October forecast. Total Canadian canola exports in 2021-22 are now forecast at

Markets, News

Record yields, prices for Australian canola

This year Down Under yields were high while Western Canada was hit with drought

By Adam Peleshaty – MarketsFarm November 22, 2021

While drought in Western Canada cut canola production and supported worldwide prices, Australia’s canola crop had its best year ever. The country produced an all-time best 5.035 million tonnes of canola, surpassing the record set in 2020-21 by 759,000 tonnes or 17.7 per cent, according to estimates from the Australian Oilseeds Federation’s November crop report.

According to industry sources, markets for canola oil and meal are still profitable despite what publicly reported canola margins suggest.

Grain Markets, Markets

ICE canola gains outpace CBOT soybeans

January canola punched above $1,000 before Remembrance Day

By Phil Franz-Warkentin November 18, 2021

A bullish report from the U.S. Department of Agriculture helped soybean futures at the Chicago Board of Trade recover off of 10-month lows during the second week of November — but the ICE canola market easily outpaced the soy complex to the upside, as a number of independent factors helped the Canadian oilseed hit fresh

Daily Network News

Bayer’s proposed Roundup settlement faces first signs of pushback in court

CBOT Weekly: Several unknowns that could affect commodity prices

Incoming Canadian Cattle Association CEO embraces winds of change

Canola