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Canola

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

ICE weekly outlook: Canola stronger at midweek

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MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are
Winter performance will be make-or-break for Canada’s grain industry.
Farmit Manitoba, Other

Will the gusher of grain movement continue this winter?

Shipping records have shattered but the big test comes when the snow flies and temperatures drop

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Glacier FarmMedia – The grain transportation system has been ‘pounding it,’ with monthly records falling like flies through spring, summer and even into harvest. So will it continue? That will depend on sales and demand from other sectors that ship by rail, say experts. “We’ve done very well in the aftermath of everything that’s happened
(Alfio Manciagli/iStock/Getty Images)
Crops, Markets

Input Capital takeover falls through

Input says U.S. buyer to walk away, pay termination fee

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The Regina company that brought “streaming” to the Prairie canola marketing business is considering its other options now that a friendly cash bid from a U.S. suitor has been taken off the table. Input Capital said Thursday that Washington, D.C.-based investment firm Bridgeway National, which in August proposed to buy Input for about $96.15 million,
Every year farmers vote on varieties while sowing their crops, and MASC has just released the latest data.
Crops, News

Manitoba’s top crops in 2020

MASC’s annual 2020 market share report reveals most popular crops and varieties

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[UPDATE: Oct. 30, 2020] Manitoba’s top four insured crops in 2020 are unchanged from 2019, the Manitoba Agricultural Services Corporation’s (MASC) 2020 variety market share report shows. Canola leads the way followed by red spring wheat (varieties in the Canada Western Red Spring class), soybeans and oats. Why it matters: Manitoba Agricultural Services Corporation’s annual
Despite its continuing challenges in the Chinese market, overall export traffic in Canadian canola is way up from last year at this time.
Grain Markets, Markets

‘Strange little rally’ benefits Prairie farmers

Canola values got a boost from traders covering their shorts

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It’s rather rare to see canola show a good measure of independent strength, but that happened this month. Contracts reached highs that haven’t been seen in a number of years. For example, the price of ICE Futures’ January canola contract had climbed almost $30 per tonne since the end of September alone. That was preceded
An Oct. 1 workshop at Bruce Sneesby’s farm near Westbourne, Man., takes attendees through forage ammoniation step by step.
Forages, Livestock

This is your father’s forage treatment

Ammoniating poor-quality feed is an old technique that producers may want to keep in their tool box

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Manitoba’s provincial hay and livestock experts want producers to consider winding back the clock if they have to make the best of poor feed. For many livestock producers, ammoniating forage is something that fell out of vogue decades ago. But now some of those experts want to bring it back to the table, with producers
Understanding basis one of the basics of grain marketing
Grain Markets, Markets

Understanding basis one of the basics of grain marketing

This measure of local demand for grain in the handling system can help your marketing plans

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What’s the basis for your basis decisions? Basis pricing doesn’t get as much attention as it should but is such an important, but often overlooked or misunderstood, piece of the grain-marketing puzzle. While many farmers do pay close attention to basis, others don’t. I initially looked at basis in this column a couple of years ago and
(Bhofack2/iStock/Getty Images)
Crops

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

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The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes

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