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Canola

(File photo by Dave Bedard)
Crops, Markets

Net short position keeps growing in canola

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MarketsFarm — The large speculative short position in ICE Futures canola contracts continued to grow during the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had
The political tensions between China and Canada are increasing day by day, and Canadian canola producers want the federal government to make their move.
News, Oilseeds

Restoring canola exports to China ‘chess, not checkers’

Canadian captives complicate things, nevertheless, some farmers have lost patience and confidence in Ottawa

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Some Canadian farmers, no closer to knowing when they’ll regain access to their biggest canola customer, are going from feelings of uncertainty and anxiety to anger and frustration. “We demand action,” Ian Steppler, who farms near Deerwood, Man., wrote on Facebook last week. The federal government and grain industry are committed to restoring Canadian canola
Cash advance changes to help canola farmers’ cash flow
News, Oilseeds

Cash advance changes to help canola farmers’ cash flow

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A host of changes to the cash advance program are aimed at addressing market loss for canola producers, but some frustrated farmers say it’s just a band-aid, not a solution. For 2019 the maximum cash advance — loans issued to farmers against growing or stored crops and livestock — will be $1 million instead of
The working group created to restore canola seed exports to China and find other markets is discussing establishing a trade office in Asia.
News, Oilseeds

Canola trade missions start in Japan, Korea in June

Canada is also trying to save the WTO, which enforces rules-based trade

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China’s Canadian canola seed boycott demonstrates Canada is too dependent on one country. That’s why Trade Diversification Minister Jim Carr, along with Canada’s canola industry, is kicking off a canola trade mission in Japan and South Korea in June. “We will be working closely with the sector to identify other opportunities for trade missions in
Crop Report, Local news, Weather

Cold, damp conditions slow field operations

Manitoba Crop Report and Crop Weather report for May 7

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Southwest Region Very little precipitation over the last week, but some localized showers on both sides of the Trans-Canada Highway. Below normal temperatures throughout the week, with hard frosts and some snowfall. Minimum overnight temperature reached -8 C in some parts of the region. Most seeding done in southern areas, but in northern region is
Federal Conservative leader Andrew Scheer speaks during Question Period in the House of Commons in Ottawa on April 10, 2019. (Photo: Reuters/Chris Wattie)
Markets

Canada needs ‘reset’ on China, Scheer says

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Ottawa | Reuters — Canada’s opposition leader on Tuesday attacked Prime Minister Justin Trudeau for being too soft on China and said there needs to be a “total reset” on relations with the Asian powerhouse. Conservative Party leader Andrew Scheer spoke amid an escalating diplomatic dispute that has followed Canada’s arrest of Huawei Technologies chief
(Dave Bedard photo)
Crops, Markets

Net short position climbs in canola

By ,
MarketsFarm — The large speculative short position in ICE Futures canola contracts widened the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators on Tuesday had a net

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