ICE May 2019 canola with 20- and 50-day moving averages. (Barchart)

ICE weekly outlook: Oversold canola still fundamentally bearish

ICE canola futures are starting to look oversold after falling contract lows during the week ended Wednesday. While a short-term technical correction is possible, the underlying fundamentals remain bearish. “Canola might be a little bit short-term oversold,” said Ken Ball of PI Financial in Winnipeg. Signs that exports were perking up could also be supportive,

Planning ahead will help your farm, but part of that planning should be for the unknown and unexpected.

Adopt, adapt, improve to help ensure crop success

Your management strategy will likely only last until your first brush with Mother Nature

Farming is all about adapting the plan of attack in the face of ever-changing conditions. The right mix of equipment and new fertilizer technologies can help when it comes to making these on-the-fly adjustments, according to two Manitoba agronomists. Brunel Sabourin, owner of Antara Agronomy Services and Taralea Simpson, of Shur-Gro Farm Services, explained how


Company logo at the office of Huawei in Beijing.

Huawei? No way

Canadian canola runs into Chinese delays after Huawei CFO arrest

A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports. That’s causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief financial officer Meng Wanzhou in December for extradition to

One dollar Canadian coin pattern

A weaker Canadian dollar lifts ICE canola futures

Healthy crush margins should keep processors rolling steady

ICE Futures canola contracts held within a narrow range during the week ended Feb. 8, but trended higher overall, with a weaker tone in the Canadian dollar providing some support. The currency lost roughly a full cent relative to its U.S. counterpart over the course of the week, settling at 75.36 U.S. cents on Feb.


ICE March 2019 canola futures with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola grinding lower

ICE Futures canola contracts held relatively steady during the week ended Wednesday, with a softer tone in old-crop contracts and strength in new-crop months. The general trend is likely pointed lower in the near future, with any developments in trade talks between the U.S. and China likely to provide some direction. “The market is awaiting

Manitoba Agriculture’s Roy Arnott says organic production has a strong business case for the farmers who go this direction.

Organic production an economic winner

The latest cost-of-production estimates for organic crops paint a picture of resilience

Manitoba Agriculture has released its latest organic crops cost-of-production figures and once again the production system is stacking up well against conventional agriculture. Higher production costs are typically met by higher prices, which more than offset the production lag organic growers can experience, Roy Arnott, a farm management specialist with Manitoba Agriculture’s Killarney office, told


Canola remains rangebound against various pressures

Canola remains rangebound against various pressures

Market watchers await upcoming data dumps from USDA

ICE Futures canola contracts trended lower for most of the week ended Feb. 1 as a number of factors conspired against them. However, prices remain rangebound overall and the market managed to end the week on a minor positive note. The nearby March contract lost roughly $6 per tonne during the last week of January,

Farmers could consider partnering with plant breeders to fund new varieties as an alternative to the current seed royalty options being proposed.

If farmers must pay more for seed, they want more say

A third option has emerged for funding new crop varieties — one that keeps farmers in the driver’s seat. An agricultural economist says it has merit

[UPDATED: Feb. 22, 2019]* When it comes to funding the development of new crops varieties, there could be a third way. Western Canadian farmers collectively should consider partnering with plant breeders to fund new varieties as an alternative to the two new seed royalty options farm leaders say lack widespread farmer support. The idea has merit,