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Canola

five steel grain bins sitting in canola field.
Grain Markets, Markets

Canola trading kept choppy as agencies estimate acres

Markets will watch where soybeans go as tariffs kick in

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ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity on the
Editorial, Opinion, Other

Editorial: CAPI report focuses on quality of export growth

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There was heady excitement last year when the federal government’s Advisory Council on Economic Growth, led by Dominic Barton, identified agriculture as one of six sectors that could lead this country’s economy over the next decade. The prevailing response from within the sector was that ‘finally,’ agriculture is being acknowledged for the economic powerhouse it
Crop Report, Crops, Weather

Weather sees rise in crop development, dugout levels improve

Manitoba Crop Report and Crop Weather report for July 3

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Warm conditions and rainfall over the past week welcomed and has advanced crop development. Herbicide applications are mostly complete. Fungicide applications occurring where disease risk high, crop stage correct and stands looking good. First cut of hay/alfalfa compete or underway with lower than average yields. Pastures and hay/alfalfa have good regrowth where rainfall occurring, dugout
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops

Canola prices vulnerable after StatsCan report

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CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday
(Dave Bedard photo)
Crops, Markets

StatsCan: Canola area narrows, wheat sowings expand

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Reuters — Canadian farmers seeded less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. In spring, Statscan estimated
The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)
Crops

U.S. EPA proposes higher 2019 biofuels mandate

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Reuters — The U.S. Environmental Protection Agency on Tuesday proposed setting a blending mandate of 19.88 billion gallons for 2019 under the Renewable Fuel Standard (RFS), three per cent higher from this year’s and in line with expectations. The agency also said it is considering a number of measures to bring some transparency to the
(Dave Bedard photo)
Crops, Markets

Canadian canola area likely above earlier projection

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CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions.
Manitoba’s canola stands took a beating with hail in southern Manitoba June 14, but experts are optimistic about the chance of recovery.
Crops, Local news, Weather

Canola dodges the worst of the damage

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The canola fields may look grim, but both Manitoba Agriculture and local agronomists from the Canola Council of Canada (CCC) say most fields will recover from a June 14 storm that dropped hail over southern Manitoba. “It almost hit it at an ideal time, because it’s just a visual impact right now,” Justine Cornelsen, CCC
Fields show the aftermath after a devastating hailstorm hit parts of southern Manitoba June 14.
Crops, Local news, Weather

To seed or not to reseed?

Soybeans were among the greatest concern after a June 14 storm dropped up to softball-sized hail on southern Manitoba, but anyone looking to reseed had to look to other options as seeding windows closed

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Severe storms June 14 put producers up against the clock recently as hail-damaged fields clashed with looming seeding deadlines. The storm may have forced producers into a shotgun decision on reseeding, Manitoba Agriculture pulse specialist Dennis Lange said during a June 20 Crop Talk webinar. Soybeans were among the largest concerns after the June 14

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