Canola Archives - Page 153 of 490 - Manitoba Co-operator

Frost falls on agro-Manitoba, reseeding efforts take shape

Manitoba Crop Report and Crop Weather report for June 1

By Manitoba Agriculture June 1, 2021

Southwest Region Cooler than normal temperatures continued from the previous week. All parts of the region had temperatures drop below freezing last week, down to -5 C for several hours in some areas. There are some reports of reseeding canola, but damage is not widespread. Increasing temperatures this week will spur new growth. Daytime temperatures

Frost-damaged canola seedlings in a field near St. Francois Xavier.

Crops, Weather

Frost damage widespread, but too soon yet to plan reseeding

Temperatures stayed well below freezing province-wide for several hours overnight on May 26 and 27

By Geralyn Wichers May 28, 2021

[UPDATED: May 31, 2021] Severe frost, particularly in the northwest and Interlake hammered emerging crops and forage stands between May 26 and 27, but experts are warning not to pull the plug too soon. “Frost events by nature are extremely patchy,” said Dane Froese, oilseed specialist with the province. “One part of the field may

Flush farmers have a reputation for reinvesting in their operations, which has a positive impact on the economy. (Luca Piccini Basile/iStock/Getty Images)

Markets

StatsCan shows 2020 farm income up significantly

Farm cash receipts were up more than expenses

By Allan Dawson, GFM Network News May 28, 2021

Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw farmers take in $9.9 billion,

Recent rain may help crops with germination but so far isn’t likely to improve dryness at subsoil levels.

Grain Markets, Markets

Canola trade’s focus turns now to new-crop prospects

A stronger loonie may limit export interest

By Phil Franz-Warkentin May 27, 2021

The ICE Futures canola market was mixed during the week ended May 21, with the bias lower in the most active new-crop months as commercial traders turn their attention away from the volatile old-crop July contract. July canola futures saw both limit-up and limit-down moves during the week, as traders on both sides of the

ICE November 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT December 2021 soyoil (green line, left column). (Barchart)

Crops, Markets

ICE weekly outlook: Swings ahead for canola

By GFM Network News, Glen Hallick - MarketsFarm May 27, 2021

MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the

Crop Report, Crops, News

Area rainfall provides critical moisture, potential frost conditions ahead

Manitoba Crop Report and Crop Weather report for May 25

By Manitoba Agriculture May 25, 2021

Southwest Region Most of the Southwest region received rainfall over the past week. Recorded amounts ranged between 25 to 35 mm for the most part, though showers were extremely spotty, with some areas winning the thunderstorm lottery, while weather stations a few miles away recorded only a few millimeters rain. Glenboro and Ninette received the

A view of Ceres Global Ag’s Northgate, Sask. facility as seen from its fertilizer shed in 2018. (Grainews photo by Lisa Guenther)

Crops

Ceres plans southern Saskatchewan canola crush plant

U.S. firm to build plant at border grain terminal

By Dave Bedard, GFM Network News May 25, 2021

U.S. ag commodities firm Ceres Global Ag, which in recent years has built up a Prairie grain and oilseed origination hub near the North Dakota border in southeastern Saskatchewan, now plans to crush canola there also. The Minneapolis company said Tuesday it plans to spend US$350 million to build an integrated crush plant with capacity

Crops, Markets

Net long position in canola edging down

Net long increases in Chicago, K.C. wheat

By GFM Network News, Phil Franz-Warkentin May 22, 2021

MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE

The supply concerns now facing canola could become more problematic if there’s little rain to be had in coming weeks.

Grain Markets, Markets

Days are numbered for old-crop canola

July canola is now way down off that $1,000-plus peak

By Glen Hallick - MarketsFarm May 20, 2021

It has been downhill for old-crop canola after it topped the $1,000-per-tonne mark last week. On May 13, the July contract closed at $857.30, tumbling nearly $150 on the week. During its dramatic slide, July bottomed out at ICE Futures’ daily limit three times at the close, including hitting the expanded limit of $45 per

“It appears as though kind of the worst-case scenario for spring conditions has developed.” – Tyler Fulton, Manitoba Beef Producers.

News, Weather

The dreaded ‘D’ word: drought

Producers eye desiccated fields and dropping dugouts while worriedly watching for rain

By Alexis Stockford May 20, 2021

When asked how he’s feeling about the season, all Tyler Fulton, president of the Manitoba Beef Producers, can say is “anxious.” He has reason to be. Like most farmers in Manitoba, Fulton is watching his early concern over a looming drought year come into sharp focus. Why it matters: Producers were worried the province was

Daily Network News

Olymel parent company sees increased earnings in 2025

Spain alerts WHO of swine flu virus believed to have been transmitted between people

China suspends some agricultural tariffs on Canada

Canola