Canola Archives - Page 231 of 492 - Manitoba Co-operator

There’s lots of speculation that Canada's canola dispute with China is caught up in the trade war between China and the U.S.

Canola dispute a signal of new trade era

Times have turned more protectionist and Canadian canola is a casualty

By Allan Dawson June 4, 2019

Canadian canola has had problems in China before, but this time is different, says Jim Everson, president of the Canola Council of Canada. In 2009 China threatened to block imports over fears Canadian canola could infect Chinese rapeseed with Canada’s more virulent strain of blackleg, a fungal disease. In 2016 China wanted Canada to reduce

Ag Minister Marie-Claude Bibeau speaks to media at Cigi in Winnipeg on March 13, 2019. (Dave Bedard photo)

Crops

Cash advance boost to take effect next week

By GFM Network News, Gfm Staff June 3, 2019

Regulations permanently expanding loan limits under the federal Advance Payments Program — and temporarily boosting interest-free advances for canola growers — are in place for applications to begin next Monday at the earliest. Agriculture Minister Marie-Claude Bibeau said Monday amendments to the Agricultural Marketing Programs Regulations are now in place to boost the APP loan

Crops, Markets

Canola funds still short, despite active U.S. covering

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

MarketsFarm — Speculators continue to sit on a large net short position in ICE canola futures, only reducing their holdings slightly in late May, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 71,065 contracts

News, Oilseeds

Canadian canola hits great wall of China

China won’t discuss the situation with Canadian officials

By Allan Dawson May 31, 2019

Despite the ongoing efforts of Canada’s canola industry and the federal and provincial governments, China still is not importing Canadian canola seed, or even willing to discuss its de facto boycott that began in March. “It appears there is no immediate solution to this issue,” Canola Council of Canada president Jim Everson told a webinar

A police officer gestures at the photographer outside Canada’s embassy in Beijing on Dec. 12, 2018. (Photo: Reuters/Thomas Peter)

Crops

China says hopes Canada understands consequences of siding with U.S.

By GFM Network News, Reuters May 31, 2019

Beijing | Reuters — China hopes Canada understands the consequences of siding with the United States and doing its bidding, China’s foreign ministry said on Friday, after U.S. Vice-President Mike Pence called for the release of two Canadians detained in China. Chinese authorities detained Canadian businessman Michael Spavor and former diplomat Michael Kovrig in December,

Grain Markets, Markets

Tariff war, U.S. farm aid spur volatility in canola

Canola also faces pressure from a bearish supply outlook

By Glen Hallick - MarketsFarm May 30, 2019

Canola prices were up and down like a yo-yo last week in what was a volatile commodities market, be it the Intercontinental Exchange (ICE) or the Chicago Board of Trade (CBOT). Coming off the Victoria Day long weekend, ICE canola bids began the week down 20 to 80 cents per tonne, then jumped by about

Crops

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

By GFM Network News, Roberta Rampton May 29, 2019

Washington | Reuters — U.S. Vice-President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their joint dispute with China over Huawei Technologies during a meeting in Ottawa on Thursday, a senior U.S. administration official said. Pence, known for taking a hard line against China, will travel to the Canadian capital to discuss trade

China claimed shipments of Canadian canola were contaminated with weed seeds and plant diseases, but it has yet to show evidence to back up the claim.

News

Quick fix to China canola ban ‘unlikely’

There’s more to it than Huawei, according to a MarketsFarm’s report

By Allan Dawson May 29, 2019

China’s de facto ban on Canadian canola imports has depressed canola prices, which will remain under pressure until the ban is lifted, concludes a report prepared by MarketsFarm, a division of Glacier FarmMedia. “A quick resolution to the Chinese canola import situation is highly unlikely,” the report says. The same holds for Canadian and American

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

Crops, Markets

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

By GFM Network News, Phil Franz-Warkentin May 29, 2019

MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of Trade soy complex provided spillover support. “We have a bit of a short-covering rally going on in canola,” said Jerry Klassen, manager of Canadian operations

Local news

In Your Co-operator this Week: May 30

By Manitoba Co-operator Staff May 29, 2019

In this week’s issue of the Co-operator, our Alexis Stockford goes hog wild and delves into the quickly growing issue of wild pigs in Manitoba. She found there’s little in the way of hard data, but many anecdotal reports suggest the population is growing very quickly. Allan Dawson is keeping on top of the canola

Daily Network News

FCC raises inflation forecast on surging commodity prices

U.S. urges WTO members to rethink core tariff rule in face of China threat

Speculators add to bullish bets in canola

Canola

Canola dispute a signal of new trade era

Cash advance boost to take effect next week

Canola funds still short, despite active U.S. covering

Canadian canola hits great wall of China

China says hopes Canada understands consequences of siding with U.S.

Tariff war, U.S. farm aid spur volatility in canola

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

Quick fix to China canola ban ‘unlikely’

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

In Your Co-operator this Week: May 30

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