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Canola

Oilseed Rape Pods
Grain Markets, Markets

Canola futures drift lower despite seeding intentions

Other vegetable oil markets also remain under pressure

By
ICE Futures Canada canola futures had every reason to rally sharply higher during the week ended April 27, but ignored all of the bullish news and drifted down instead. Canola had been looking rather expensive compared to other oilseeds, which likely contributed to the softer tone. A drop in Chicago Board of Trade (CBOT) soyoil
(Dave Bedard photo)
Crops, Markets

ICE to move canola trade to U.S. exchange

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The business of trading and clearing canola futures is poised to leave Winnipeg for New York City this summer. Atlanta-based Intercontinental Exchange (ICE), the operator of canola exchange ICE Futures Canada, announced Tuesday it will be “transitioning” the trading and clearing of canola contracts to New York-based ICE Futures U.S. and ICE Clear U.S. ICE
Data represents reported seeding date and crop yields of fields >200 acres (2005-2013).
Crops, Local news

Cool soils? Seed cereals, field peas first

Manitoba soil temperatures are increasing, but vary with soil type and location

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If soil temperatures are cool plant cereals and field peas first, says Manitoba Agriculture Farm Production Advisor Lionel Kaskiw, based in Souris. Soil temperatures are warming, but are still variable depending on soil type and location, he said during the Westman Crop Talk webinar May. 1. Soil temperature readings are available at 109 Manitoba Agriculture
Chart 1.
Currency markets, Markets, Other

Don’t let currencies drive you ‘loonie’

There are a few practical ways to look at managing currency fluctuations

By
A question I often get asked at hedging workshops and marketing presentations is about currency risk management. In particular, how to best manage it from a practical point of view. Farmers ultimately get paid in Canadian dollars, even though their commodity is priced either directly or indirectly in U.S. dollars. Whether it’s a flat price
Opinion

Opinion: Price no reliable indicator

Without independent audits there’s no way to tell what grain sells for


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Allan Dawson’s response to my article about grain movement (Putting a price tag on the grain backlog, Manitoba Co-operator, April 12) was provocative. In it he contends the price and basis doesn’t reflect the issue and trucking prevents farmers from being captive sellers. While I agree that price is important, and with Prof. Richard Gray’s
(iStock/Getty Images)
Crops

EU nations back ban on all outdoor neonic use

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Brussels | Reuters — European Union countries backed a proposal on Friday to ban all use outdoors of insecticides known as neonicotinoids that studies have shown can harm bees. The ban, championed by environmental activists, covers the use of three active substances — imidacloprid, developed by Bayer CropScience; clothianidin, developed by Takeda Chemical Industries and
(Bayer.com)
Crops

BASF set to pick up Bayer’s Poncho, ILeVO treatments

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Bayer’s seed treatments Poncho and ILeVO could soon have a new owner, as part of another deal with fellow German chemical firm BASF. BASF, which last October agreed to buy several Bayer CropScience assets including its global glufosinate-ammonium herbicide business and LibertyLink trait, announced another 1.7 billion-euro (C$2.65 billion) deal Thursday for an additional package

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