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Federal report expects canola output down, wheat up

MarketsFarm — Expectations for canola production in Canada were revised downward Friday by Agriculture and Agri-Food Canada (AAFC). AAFC has now estimated Canadian farmers will produce 18.575 million tonnes of canola in 2019, down about 8.7 per cent from its previous estimate. Earlier this week, MarketsFarm analyst Bruce Burnett predicted canola production would be down


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Editor’s Take: Canada at a crossroads

According to the Organization for Economic Co-operation and Development (OECD), Canada remains either a leader or laggard in the realm of support for its agriculture sector, depending on how one approaches the problem. A free market idealist who favours letting the invisible hand sort it all out might think less support to producers is a



Derwin: Dollar direction signals hard to decipher

Derwin: Dollar direction signals hard to decipher

Every week the Commodity Futures Trading Commission (CFTC) releases its Commitments of Traders (COT) report. But just how committed are the traders shown in those trading activity reports? When you look at what traders can also do in the cash, over-the-counter and physical markets associated with those futures contracts, it’s difficult to say for sure. This

Weather in Manitoba this year has raised sclerotinia questions as producers weigh a bone-dry start with rains that may have put the fungus back in the game.

Decision time on sclerotinia control

The yearly decision may be harder than normal as rain finally falls on Manitoba

Producers are scratching their heads on sclerotinia spray this year. On one hand, the weather has been dry for most of the growing season. Much of agricultural Manitoba still sat at around two-thirds or less of normal rainfall as of June 25, according to Manitoba Agriculture, despite a series of rains since late May. The


Canada, along with other industrialized countries, is the victim in the issue of fraudulent documents in China. Food fraud is rampant throughout that country.

Comment: China clearly has Canada’s number on food safety

They’re using every tool they can to undermine Canada’s quality food brand, and we're losing the battle

Canada is losing the game of food safety optics against China. While Canada has demonstrated many times that its food safety record is outstanding, in fact, one of the best in the world, none of it matters now. Since Meng Wanzhou, the vice-president of Huawei, was arrested in Vancouver in December 2018, China has been

(File photo by Dave Bedard)

Funds remain short canola and soybeans

MarketsFarm — Fund traders continue to hold onto a large net short position in the canola market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in Tuesday at 57,512,an increase of roughly 5,000 contracts from the previous week. Open


Canadian canola started the spring off dry, but has seen some beneficial moisture in many areas since.

Weather supportive for canola crops, albeit not for prices

Uncertainty also continues over U.S. soybean acreage

ICE canola futures fell hard during the week ended July 5, hitting fresh contract lows in the process as improving North American weather conditions weighed on prices and bearish technical signals had speculators adding to their short positions. The canola market was closed Monday for Canada Day while the Chicago futures market was closed on