Canola Archives - Page 178 of 490 - Manitoba Co-operator

Fund long position in canola hits new record

By GFM Network News, Phil Franz-Warkentin September 15, 2020

MarketsFarm — Fund traders added to their sizeable long positions in canola during the week ended Tuesday (Sept. 8), hitting the largest net long position in the two years of available data. The latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC) showed managed money fund traders were holding

(Photo: Alexandrum79/iStock/Getty Images)

Crops, Markets

Statistics Canada trims wheat production estimate

Lentil crop estimate up from August

By GFM Network News, MarketsFarm Team September 15, 2020

MarketsFarm — Canadian farmers grew less wheat in 2020-21 than earlier thought, according to updated production estimates Statistics Canada released Monday. However, the country’s wheat crop would still be the second-largest on record and well above the five-year average. Using yield models based on satellite imagery, total wheat production in the country for 2020-21 is

Combines and trucks roll north of Deerwood, Man., Aug. 26.

Crops, News

Cereal harvest nears the finish line as canola lags

Cereal harvest is creeping closer to complete, while canola and peas are still well behind three-year averages

By Spencer Myers September 11, 2020

Harvest progress in Manitoba is still behind the three-year norm. According to the Sept. 1 provincial crop report, Manitoba’s cereal harvest is starting to wrap up. In winter cereals, winter wheat sat 95 per cent finished and fall rye topped off at 97 per cent complete. Spring wheat, meanwhile, was about half done as of

StatsCan opted for satellite imagery and computer modelling to compile its latest estimates on Canadian crop production.

Grain Markets, Markets

StatsCan’s data from orbit may keep canola grounded

U.S. soybeans are up on strong export demand and concerns over crop damage

By Phil Franz-Warkentin September 10, 2020

Canola futures hit some of their best levels in two years during the first week of September, but ran into resistance to the upside as investors also contemplated updated data from Statistics Canada. Statistics Canada had two reports out during the week, with production numbers on Aug. 31 and old-crop ending stocks on Sept. 4.

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Weather

ICE weekly outlook: Canola shows volatility after long weekend

By GFM Network News, Glen Hallick - MarketsFarm September 9, 2020

MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell off of the combine or shortly after, probably have done so already,” said Jerry Klassen, an independent Winnipeg commodities trader. There will still be some

Annual ryegrass harvest underway east of Altamont, Man., Aug. 26.

News

Harvest in Manitoba starts slow, but with bright spots

About 13 per cent of harvest was complete in the province as of Aug. 25

By Spencer Myers September 9, 2020

Harvest was slow to take off across the province but farmers are reporting good progress getting it into the bin. “Harvest has been off to a good start,” according to Dwight McGill, who farms near Pleasant Valley, Man. “It’s been, ‘Hurry up and wait,’ as it was in the spring with how fields dried up

Crop Report, Crops, News

High winds, frost make for difficult harvest conditions

Manitoba Crop Report and Crop Weather report for September 8

By Manitoba Agriculture September 9, 2020

Southwest Region Cold temperatures and rain in some areas stopped harvest last week. Very strong winds on Saturday and severe frost Monday night have been extremely hard on some crops, and posing a serious challenge to farmers’ mental health. Wind caused damage to standing and swathed crops. Multiple reports of shattered canola and blown swaths

Crops, Markets

Fund traders add to net long in canola, soybeans

By GFM Network News, Phil Franz-Warkentin September 9, 2020

MarketsFarm — Fund traders remain bullish on soybeans and canola, adding to their net long positions in the two oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 37,682 contracts as

Karen Klassen and her father, George, farm near Manitou, Man.

Farmit Manitoba, Other

Group calls for climate-resilient ag in COVID-19 recovery

Farmers faced a ‘double whammy’ of extreme weather and the pandemic this year, according to the group Farmers for Climate Solutions

By Geralyn Wichers September 7, 2020

Farmers for Climate Solutions is calling for the federal government to back financial incentives for climate-friendly farming practices as part of its COVID-19 response. “We think that new investments through this economic recovery plan must also prioritize climate resilience so it’s lasting,” said the coalition’s director, Karen Ross. This year, she added, farmers have faced

U.S. soybean and soyoil futures are currently guiding canola’s fortunes.

Grain Markets, Markets

Canola futures follow soy complex higher

China's increased purchases of U.S. soybeans bode well for canola values

By Glen Hallick - MarketsFarm September 5, 2020

As long as there are gains in the soy complex at the Chicago Board of Trade, canola prices will continue to find support — and that’s been fuelling the rally in canola this week. Of the major edible oils that influence canola, Chicago soyoil is the most prevalent. As said before, where bean oil goes,

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