Canola Archives - Page 198 of 491 - Manitoba Co-operator

The Chinese government continues to insist the issue of halting canola imports from Canada is a phytosanitary one.

Editor’s Take: One year later, still no traction on canola issue

By Gord Gilmour March 12, 2020

At times Canada’s trade situation brings to mind the one-hit-wonder of the 1970s, Stealers Wheel, and their song “Stuck in the Middle With You.” Instead of clowns to the left and jokers to the right, however, it’s more like canola bans to the east and indifference to the south. As the international geopolitical ground shifts

China continues to produce, import and consume plenty of canola. But for the past year very little has come from Canada.

News

One year after China canola ban, there is still no resolution

No easy resolution to China/Canada trade dispute, says Canola Council of Canada president

By Alexis Kienlen March 12, 2020

March 6, 2020 marked a sombre anniversary for Canada’s canola industry. It’s been a year since China banned the majority of imports of Canadian canola, and an end to the ban is nowhere in sight. “It’s a very frustrating situation for producers and the industry,” said Jim Everson, president of the Canola Council of Canada.

ICE Futures May 2020 canola with 20-day moving average and CBOT May 2020 soyoil (red line). (Barchart)

Crops, Markets

ICE weekly outlook: Volatility hampers canola

By GFM Network News March 11, 2020

MarketsFarm — Canola values have been at the mercy of volatile financial markets this week, trading in lockstep with headlines of plummeting crude oil values and stock indices. “We’re getting into a bit of a pattern in the markets,” Ken Ball of P.I. Financial in Winnipeg said, explaining that prices will show some strength, then

(File photo courtesy Canola Council of Canada)

Crops, Markets

USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

By GFM Network News, MarketsFarm Team March 11, 2020

MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate

The Canadian Grain Commission building on Main Street in Winnipeg. (File photo)

Crops

NFU sees red flags in CUSMA bill for grain growers

Bibeau urged to 'correct mistakes' in NAFTA 2.0-enabling legislation

By GFM Network News, Gfm Staff March 8, 2020

The National Farmers Union is warning of sweeping changes to Canadian grain regulation it sees tucked into federal legislation meant to put through the successor deal to NAFTA. Bill C-4, the implementing legislation for the Canada-U.S.-Mexico Agreement (CUSMA), passed second reading Feb. 6 and came back without amendment Feb. 27 from the Commons standing committee

Markets, Other

Diesel prices expected to trend lower

By GFM Network News March 7, 2020

MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop

Crops, Markets

Fund traders cover some bearish bets in canola, soybeans

By GFM Network News, Phil Franz-Warkentin March 7, 2020

MarketsFarm — Fund traders were buying back short positions in canola, soybeans and corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). In the wheat market, however, they were on the other side. The net managed money short position in ICE

Canada has yet to sign the new three-way trade agreement between itself, United States and Mexico.

News

Lawmakers urged to pass CUSMA quickly

The bulk of concerns were raised by the dairy sector which is losing market share

By D.C. Fraser March 6, 2020

An overwhelming majority of witnesses testifying to the Agriculture and Agri-Food Committee in Ottawa are supporting the quick ratification of the “new NAFTA” trade deal, but the dairy industry continues to voice its opposition. Parliamentarians in Ottawa represent the last of the three countries involved in the Canada-U.S.-Mexico Agreement (CUSMA) to ratify the deal, with the law

A delivery worker checks his mobile phone on an electric bike filled with vegetables on a street in Wuhan in China’s Hubei province on Feb. 28.

Grain Markets, Markets, News, Other

Commodities not immune to risk-off mentality

Coronavirus fears drag grains, oilseeds, equities and energy markets lower

By Phil Franz-Warkentin March 5, 2020

A sharp drop in global equity and energy markets during the last week of February did not spare agricultural commodities, with ICE Futures canola falling to fresh contract lows and Chicago grains and oilseeds also under pressure. Fears over the COVID-19 coronavirus were heightened during the week, as more cases were confirmed outside of China

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

Crops, Markets

ICE weekly outlook: In canola, volatility is order of the day, for now

By GFM Network News, Glen Hallick - MarketsFarm March 5, 2020

MarketsFarm — Expect the canola market, along with other grains and oilseeds, to remain volatile for the time being, said David Derwin of PI Financial in Winnipeg. “A lot of the markets right now are extremely erratic because of the coronavirus. I think it’s being blown out of proportion, but it is what it is,”

Daily Network News

Complexity of being a woman in farming can lead to mental, physical health risks

Federal gov. funds youth employment in agriculture, agri-food

Pulse Weekly: StatCan projects fewer pea and lentil acres

Canola

Editor’s Take: One year later, still no traction on canola issue

One year after China canola ban, there is still no resolution

ICE weekly outlook: Volatility hampers canola

USDA adjusts world rapeseed stocks estimates

NFU sees red flags in CUSMA bill for grain growers

Diesel prices expected to trend lower

Fund traders cover some bearish bets in canola, soybeans

Lawmakers urged to pass CUSMA quickly

Commodities not immune to risk-off mentality

ICE weekly outlook: In canola, volatility is order of the day, for now

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