Canola Archives - Page 166 of 490 - Manitoba Co-operator

Concerns over world soybean stocks, driven partly by concern for growing conditions in South America, are lending even more support to canola values.

Canola values’ climb likely to continue

Crush margins are around the widest levels seen in the past year

By Phil Franz-Warkentin January 14, 2021

ICE Futures canola continued its months-long rally during the first week of 2021, hitting fresh contract highs to trade at levels not seen in more than seven years. While a profit-taking correction is always possible, the trend appears intact for the time being. The most active March contract had faced some resistance at the psychological $650-per-tonne mark during

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

Crops, Markets

ICE weekly outlook: WASDE spillover boosts canola

Canola may soon become price-sensitive, analyst says

By GFM Network News, Glen Hallick - MarketsFarm January 14, 2021

MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in turn spilled over into canola. The most significant factors in USDA’s world agricultural supply and demand estimates (WASDE) were further reductions to ending stocks for

Alvin Iverson has been a familiar face for field day attendees at the Ian N. Morrison Research Farm, near Carman.

Faces of ag, Farmit Manitoba

People, relationships the highlight of a long career

Faces of Ag: Alvin Iverson retired in January after managing the Ian N. Morrison Research Farm since its inception

By Geralyn Wichers January 13, 2021

Since the ’90s a lot of new knowledge and agricultural solutions have come out of the Ian N. Morrison Research Farm at Carman. But looking back at his career there, that’s not what Alvin Iverson thinks of. “It’s exciting to see new research and development and learn new things,” he said. “But in the end

Railways were able to overcome a bad start to the shipping year after capacity opened up due to the COVID slowdown.

News

COVID surprise comes to grain movement in 2020

How the pandemic helped Canada set a grain shipping record and what’s to come

By Allan Dawson January 12, 2021

When it comes to the grain transportation file in 2020, it was a story of extremes. Record western Canadian grain shipments in the 2019-20 crop year ending July 31, belies poor rail performance, much of it beyond their control, during the first six months of that period. “When we were in week 28 (Feb. 9-15,

News, Other, Weather

No getting off the carbon reduction train

Farmers might be able to sway government but Mr. Market is speaking loud and clear

By Don Norman January 12, 2021

Climate change initiatives such as carbon taxes might elicit a lot of negativity in the Canadian agriculture sector. But ignoring them could also mean ignoring big opportunities, according to Alastair Handley, president of Radicle (formerly Carbon Credit Solutions). He’s been involved in carbon markets since 2007, when he started developing a system for Alberta farmers

We don’t know exactly how interest rate trends will evolve nor what the consequences will be. – David Derwin.

Markets, News

As the calendar turns

2020 illustrated volatility in stunning fashion for market watchers

By David Derwin January 11, 2021

It’s that time of year again, as another calendar page turns. I’m sure we’re glad to see the end to this year, although that doesn’t mean things have magically changed on January 1. At least now we can take a look back with a better understanding of where we’ve been to help figure out where

Crops

U.S. Supreme Court agrees to hear biofuel waiver case

By GFM Network News, Reuters January 11, 2021

Reuters — The U.S. Supreme Court on Friday agreed to review a lower court ruling that severely limited the government’s powers to exempt small refineries from the nation’s biofuels law, rekindling a long-running dispute between the oil and corn industries. The decision came after appeals by refining companies that argued the 10th Circuit Court’s decision

News, Oilseeds

Canola ending stocks forecast lowered

By Phil Franz-Warkentin January 7, 2021

Canadian canola ending stocks for the 2020-21 marketing year could be their tightest in eight years, according to updated supply/demand data from Agriculture and Agri-Food Canada, released late Dec. 18. The government agency cut its forecast for canola ending stocks for 2020-21 to only 1.20 million tonnes. That was down by roughly a million tonnes

Crops

Railways overshoot grain revenue limits for 2019-20

Grain revenues run $5.3 million over caps, CTA rules

By Dave Bedard, GFM Network News January 7, 2021

Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the

Crops, Markets

ICE weekly outlook: Rallying canola not at top yet

By GFM Network News, Phil Franz-Warkentin January 7, 2021

MarketsFarm — ICE Futures canola contracts continued to climb higher during the first few trading days of 2021 — and could still see more gains before the inevitable correction. “We’re not necessarily at the top,” said analyst Errol Anderson of Pro Market Communications in Calgary, adding “the market is going through intense demand rationing right

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