Canola Archives - Page 227 of 492 - Manitoba Co-operator

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

ICE weekly outlook: Not much faith in USDA’s WASDE

By GFM Network News, Glen Hallick - MarketsFarm July 10, 2019

MarketsFarm — For one trader, the monthly world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA), aren’t something he spends a lot of time dealing with. “I don’t put a lot of faith in them,” said David Derwin of PI Financial in Winnipeg. This month’s WASDE could be something toward

Crops, Markets

Fund short position grows in canola

By GFM Network News, Phil Franz-Warkentin July 10, 2019

MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in July 2 at 65,022, an increase of nearly

Crop Report, Weather

Alfalfa weevil, grasshoppers cause for concern, rainfall offers some crop relief

Manitoba Crop Report and Crop Weather report for July 9

By Manitoba Agriculture July 10, 2019

Southwest Region Normal to above normal temperature in past week has benefitted the crop development. Rainfall was very spotty and in thundershowers with varied amounts. Deloraine (20mm), Shoal Lake (16mm) but most of areas in other parts of the region got 5 to 15mm range. Crops like soybean, corn and sunflower can use significant moisture

Crops

U.S. EPA proposes hike in 2020 biofuel mandate

By GFM Network News, Humeyra Pamuk July 6, 2019

Washington | Reuters — The U.S. Environmental Protection Agency (EPA) on Friday proposed refiners increase the volume of biofuels blended into their annual fuel output but did not reallocate the waived amounts under the hardship program, drawing ire from powerful corn and biofuel groups as well as Republican senators. The EPA is charged with setting

ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

Crops, Markets

ICE weekly outlook: All eyes on King Corn

By GFM Network News, Phil Franz-Warkentin July 3, 2019

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to

Agriculture Minister Marie-Claude Bibeau and Trade Diversification Minister Jim Carr meet with Canadian beef and pork industry officials Wednesday in Montreal. (Photo courtesy Agriculture and Agri-Food Canada)

Beef cattle, Hogs, Livestock

Canada proposes China meat export solution

By David Ljunggren, GFM Network News, Rod Nickel July 3, 2019

Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian government to stop allowing meat

Politics and a renewed vigour of nationalism are making it increasingly difficult for international trade.

News, Other

Agricultural trade looms as election issue

By Allan Dawson July 3, 2019

Farmers, most of whom rely on exports know it, and so does Ottawa as both face rising protectionism

Continuing trade turmoil is top of mind for Canadian farmers and the federal government heading into the October federal election. The Western Canadian Wheat Growers Association (WCWGA) is demanding the government bulldoze barriers to Canadian agricultural exports. The Canadian Agri-Food Trade Alliance (CAFTA) has issued recommendations to protect and enhance Canadian agriculture and food exports.

A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

Markets

Trudeau, China’s Xi had ‘positive’ discussions as dispute rages

By GFM Network News, Reuters June 28, 2019

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping had “positive, constructive interactions” on the sidelines of the G20 summit on Friday as a dispute between the two countries rages, Trudeau’s office said. Trudeau spoke “more than once” to Xi during a meeting of the Group of 20 leading economies

Crops

Supercluster backs oilseed protein joint venture

By GFM Network News, Gfm Staff June 27, 2019

A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it

News, Other

Evolving commodity supergroup searches for a moniker

Deciding what to call an organization made up of five is more complicated than you might think

By Allan Dawson June 27, 2019

What’s in a name? As Shakespeare wrote, “… a rose by any other name would smell as sweet… ” But five Manitoba crop commodity groups considering a merger beg to differ. The Manitoba Wheat and Barley Growers Association (MWBGA), Manitoba Corn Growers Association, Manitoba Flax Growers Association, National Sunflower Association of Canada and Winter Cereals

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

Canola