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Canola

Paved with good intentions
Markets

Paved with good intentions

Early production estimates start with seeding intentions, which may or may not materialize


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When I started in the business in 1995 on the floor of the Winnipeg Commodity Exchange, being the rookie, I remember running to get the StatsCan reports from the government office on the day of a big release. Even back then, I thought it was counterproductive to worry too much about those reports. After the
The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops

U.S. biofuels deal reported to be delayed indefinitely

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Reuters — The Trump administration has indefinitely delayed a proposed overhaul of U.S. biofuels policy aimed at reducing costs for the oil industry, under pressure from corn state lawmakers who worry the move would undermine demand for ethanol, according to two sources familiar with the matter. The White House had been poised to announce reforms
Crop Report, Crops, Weather

Rapid crop growth seen, insect pressures on the rise

Manitoba Crop Report and Crop Weather report for June 4

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Seeding progress estimated at 99 per cent complete across Manitoba. Widespread rainfall throughout Manitoba, although amounts variable within each region. The recent rains and warm temperatures have resulted in rapid crop growth. Herbicide applications continue as field conditions allow and crop and weeds reach the appropriate stage. Flea beetle activity reported throughout the province, with
Farmers often don’t pay attention to the fine print in grain contracts until there’s a problem, which is when it’s too late.
News

Read the fine print

Novel grain contracts require closer scrutiny

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A spate of cases involving a Regina-based canola buyer has farmers across the Prairies paying attention to a legal drama between Saskatchewan producers and Input Capital, which has offered long-term “streaming contracts” for canola. In early May, CBC reported on a class-action lawsuit with six producers accusing the company of predatory lending. Morris Feduk, a
Flea beetle. (Photo courtesy Canola Council of Canada)
Crops

Flea beetles take advantage of late seeding

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CNS Canada — A heat wave in late May and a slow start to the planting season have created some ideal conditions for flea beetles. Pest specialists in Saskatchewan and Manitoba say farmers have already begun to spray for the beetle in certain locations. “They’ve been getting good conditions to feed under, they like it
Dry conditions on Prairies underpin canola trading
Grain Markets, Markets

Dry conditions on Prairies underpin canola trading

China’s interest in U.S. soy is both bearish and bullish

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Contracts on the ICE Futures Canada canola complex inched their way higher during the week ended May 25, momentarily threatening to break above major chart resistance at $540 per tonne until traders stepped in and took profits before Friday’s close. Many parts of Western Canada are badly in need of more rain, underpinning trading in
ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Seasonals to weigh on canola

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CNS Canada — ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on values. “Seasonally speaking, we’re in the neighborhood where canola makes the turn down,” said Mike Jubinville of ProFarmer Canada, noting canola typically sees some softness
Crop Report, Crops, Weather

Seeding nears completion, rapid germination, crop growth seen

Manitoba Crop Report and Crop Weather report for May 28

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Seeding is nearing completion for the 2018 season in Manitoba, with progress estimated at 94 per cent complete. Most areas of the province received rainfall, although amounts were variable. Additional precipitation is needed in many areas. The recent rains combined with warm temperatures have resulted in rapid germination, emergence, and crop growth. Herbicide applications are

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