Canola Archives - Page 223 of 492 - Manitoba Co-operator

Funds add to canola short position in early August

MarketsFarm — Fund traders added to their large net short position in canola during the first week of the new crop year, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in at 69,062 on Tuesday (Aug. 6),

ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola carryover looms ahead of harvest

By GFM Network News, Glen Hallick - MarketsFarm August 7, 2019

MarketsFarm — There’s a large canola carryover on farms and little of the soon-to-come 2019 crop has been sold, according to Winnipeg-based analyst Bill Craddock. “Farmers think the price is too cheap,” he said. However, the price has come down, from about $11 per bushel to around $9.50, he added, noting there likely won’t be

Crop Report, Weather

Cereal harvest begins in Manitoba, hay, forage yields well below average

Manitoba Crop Report and Crop Weather report for August 6

By Manitoba Agriculture August 6, 2019

Southwest Region Higher than normal temperatures prevailed with very little to no rain across the region. Scattered showers in Russell and Birtle areas amounted to less than 5 mm. Crops are showing symptoms of prolonged dry weather and in some cases, soils are close to the permanent wilting point. Most winter cereals are close to

U.S. President Donald Trump appears with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka on June 29, 2019. (File photo: Reuters/Kevin Lamarque)

Markets

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

By GFM Network News, Hallie Gu August 5, 2019

Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s

A canola field blooms in Manitoba’s Interlake on July 11, 2019. (Greg Berg photo)

Crops

Canada crop tour sees smaller canola crop after reduced plantings, dry spring

By GFM Network News, Rod Nickel August 1, 2019

Winnipeg | Reuters – Canadian farmers are likely to reap a smaller canola crop in 2019-20 due to reduced plantings and dry conditions, consultancy FarmLink Marketing Solutions said on Thursday after a crop tour of the prairie provinces. The Grain World tour on Tuesday and Wednesday, organized by FarmLink, visited fields in Alberta, Saskatchewan and Manitoba to observe

Since March Canadian canola exports have increased to some other countries, but not enough to offset what’s expected to be an extra million tonnes of potentially price-depressing canola carry-over at the end of the crop year July 31.

News, Oilseeds

New Canadian canola seed sales made to China

Details are few but the canola council says normal canola trade with China has not been restored

By Allan Dawson August 1, 2019

Canada has made a “small amount” of new canola seed sales to China, but exports to Canada’s biggest canola customer aren’t back to normal. Not even close. “We are aware of a small amount of (canola seed) sales that have occurred (to China),” Brian Innes, the Canola Council of Canada’s vice-president of communications said in

Canada exported just 112,000 tonnes of canola to China in May based on sales made before the current dispute, down 79 per cent compared to May 2018.

News, Oilseeds

Escalation of canola dispute with China won’t work

Market analyst Mike Jubinville doesn’t see a resolution any time soon

By Allan Dawson August 1, 2019

Retaliating against China over its import restrictions on Canadian canola will only make the dispute harder to resolve, according to MarketsFarm analyst Mike Jubinville. Some commentators and farmers are demanding Canada retaliate, for example, by subjecting Chinese imports to intense inspections. “Taking an aggressive position with China is absolutely pointless,” he said in an interview

The next WASDE report due to be released in less than two weeks will provide the long-awaited numbers on corn, soybean and unplanted acres.

Grain Markets, Markets

Little direction in grain markets until August 12

USDA’s WASDE report will provide long-awaited numbers on corn, soybean and acres which were prevented from planting

By Glen Hallick - MarketsFarm August 1, 2019

Until August 12, the central story surrounding canola will be a lack of direction. There has been little to influence prices either up or down and this will likely remain the situation until the United States Department of Agriculture (USDA) issues monthly World Agricultural Supply and Demand Estimates (WASDE). In that report due August 12

Markets

ICE weekly outlook: Canola bids not moving much

By GFM Network News, Glen Hallick - MarketsFarm August 1, 2019

Winnipeg | MarketsFarm – So far this summer, canola prices have continued to remain range-bound, said David Derwin of PI Financial in Winnipeg, Man. “On a week to week basis, we’re kind of at the low end of the range,” Derwin commented, noting C$450 per tonne has been near the low end of that range.

Keep it Clean wants farmers to hear the message that glyphosate and other crop protection products need to be applied only according to the label.

Cereals, Crops, Oilseeds

If farmers keep misusing glyphosate, they may lose it

The warnings from the ‘Keep it Clean’ campaign are taking on a more urgent tone

By Allan Dawson July 31, 2019

If Canadian farmers want to keep using glyphosate they must stop misusing glyphosate. That blunt message was delivered earlier this summer during a ‘Keep it Clean’ webinar to agronomists and retailers, who were urged to pass it on to their farmer-clients. “We all know the value of glyphosate, but to be very blunt about it,

Daily Network News

Proposed Sask. poultry research facility gets funding influx

Agriculture Canada makes small balance sheet adjustments

Federal government funds Quebec organic fertilizer company

Canola