Canola Archives - Page 162 of 490 - Manitoba Co-operator

ICE May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola back where it started

Day-to-day movements seen as tough to predict

By GFM Network News, Glen Hallick - MarketsFarm March 4, 2021

MarketsFarm — ICE canola futures are pretty much back where they were a week ago after losing ground, only to recover by small — and then strong — gains. The May canola contract finished at $765.20 per tonne on Friday and closed Wednesday at $767.30. In between, the lowest close for May was $735.20. That

News

CCGA accepting 2021 advance applications

Online applicants may see new, streamlined features, CCGA says

By Manitoba Co-operator Staff March 3, 2021

The inbox is open for farmers to apply for the Advance Payments Program, the Canadian Canola Growers Association announced February 18. “In more than 35 years of operations, this is the earliest that CCGA has started accepting applications for the Advance Payments Program,” said Dave Gallant, director of finance and operations at CCGA, in a

Markets

Farm cash receipts up in 2020

Crop receipts and direct payments up, livestock slightly lower

By GFM Network News, MarketsFarm Team March 3, 2021

MarketsFarm — New data from Statistics Canada on Tuesday showed Canadian farm cash receipts went up in 2020, despite the COVID-19 pandemic, on the strength of rising crop prices and exports. The total value of farm cash receipts in the country totalled $71.7 billion in 2020, an 8.1 per cent increase from the previous year.

Markets, News

Potash fertilizer producers eye surging demand

By Rod Nickel March 1, 2021

Reuters – Global sales of potash fertilizer look to hit record highs this year, helped by a spike in crop prices, but cautious North American producers are keeping a lid on supplies. Canada’s Nutrien and U.S.-based Mosaic have benefited as crop prices climbed to multi-year highs, helped by strong Chinese demand. “We believe there is

Crops, News, Other

The four horsemen of the crop-pocalypse

Three of the big four crop pests could be poised for a comeback in the coming season

By Gord Leathers March 1, 2021

Four pests caused the most problems last season, and given the right spring conditions, three are poised to return. That’s according to John Gavoloski, provincial entomologist, who says farmers should head into spring watching the weather and with their eyes open. “If I had to predict which three pests farmers could be at a higher

Markets

Farmers’ net cash income improves as crop prices soar

By GFM Network News, Reuters February 26, 2021

Winnipeg | Reuters — Canadian farmers reaped record profits last year and are on track to do the same this year, the federal agriculture ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed

Crops, Markets

Feed weekly outlook: Barley, wheat at par in Alberta

Demand also seen for heated canola

By GFM Network News, Glen Hallick - MarketsFarm February 25, 2021

MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity

Current cash prices suggest a level of desperation among commercial traders to grab whatever canola remains in farmers’ bins.

Grain Markets, Markets

ICE canola futures acting independently

New federal estimates paint a picture of tighter ending stocks

By Glen Hallick - MarketsFarm February 25, 2021

It can happen. Canola was showing a good amount of independent strength this week, shrugging off the ebbs and flows of other edible oils. The main driver behind this rarely seen independence is tight canola ending stocks, which have instilled price rationing in ICE canola futures. As one trader explained, commercials are so desperate to grab whatever canola remains

ICE March 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Profit-taking to pressure canola

Market appearing overdone

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

MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to the upside and profit-taking came forward to put some pressure on values. “The traders that are still long are playing the game of forcing the

Farm Credit Canada’s chief economist says the agriculture sector is well positioned for the future.

Farmit Manitoba, News

Agriculture after the pandemic

It’s a whole alphabet of recovery options, FCC’s chief economist says

By Gord Leathers February 23, 2021

With COVID-19 vaccines rolling out for worldwide distribution and immunization on the horizon, now hopes turn to putting the virus in the rear-view mirror and rebuilding a battered global economy. That’s almost certainly going to mean enduring a sharp recession, says J.P. Gervais, chief economist for Farm Credit Canada. Speaking at the virtual Manitoba Agronomist

Daily Network News

Health Canada stops sales of coccidiosis medication Deccox on procedural issue

Canadian cattle herd sees first annual increase since 2018

Olymel parent company sees increased earnings in 2025

Canola