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Canola

Canola draws strength from weaker Canadian currency
Grain Markets, Markets

Canola draws strength from weaker Canadian currency

Rain for U.S. Plains and Argentina drags on futures

By
ICE Futures Canada canola contracts saw some choppy activity over the course of the week ended March 16, but trended higher overall with much of the relative strength coming from weakness in the Canadian dollar. The currency fell by about 1.5 cents relative to its U.S. counterpart over the course of the week, which helped
The Open Kitchen at Warren is a privately owned rent-a-processing-plant and part of an expanding number of facilities in Manitoba 
towards encouraging more value-added food development, says the site’s co-owner Doug Langrell.
Country Crossroads, Other

The Open Kitchen

Manitoba’s only privately owned, rural state-of-the-art processing facility supports new food entrepreneurs

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Peter Fehr was looking to expand his sauce-making company when he discovered The Open Kitchen last spring. Now the gourmet chef and entrepreneur attributes the growth spurt of his business Gourmet Inspirations to having come here to bottle his product. “It’s been a valuable stepping stone in growing my business,” said Fehr whose finishing and
Agronomist Peter Johnson doesn’t like Manitoba’s tight rotations.
Crops, Other

Tight crop rotations in the hot seat

Rotations were a major point as discussions turned to blackleg during this year’s BASF Knowledge Harvest

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It’s all but impossible to eliminate sclerotinia and blackleg from the field, but it’s also a mistake to assume crop genetics alone will manage the problem. BASF technical service specialist Colleen Redlick said farmers need to broaden their approach during the BASF Knowledge Harvest in Brandon earlier this winter. Resistance breakdown, something the industry has
Differential tariffs: Some countries such as Japan have tariffs which give preference to raw seed over oil. Canola Council of Canada
Crops, News

Poor rail service hitting canola crushers too

Some plants have had to shut down for a couple of days because trains have been delayed

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Poor rail service is hurting value-added agriculture too. Some of Canada’s canola-crushing plants have had to shut down from one to three days because the railways are failing to move oil and meal fast enough, with the biggest disruptions in the West and on CN Rail lines. The crushers say that is costing millions of
Canola Growers kick-starts cash advance program
News, Oilseeds

Canola Growers kick-starts cash advance program

Earlier applications, better service and lower costs on offer this year

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The Canadian Canola Growers Association is reminding farmers 2018-19 cash advance applications are now available. CCGA says it’s giving farmers a jump-start on spring with the group’s earliest-ever pre-application period and a reduced administration fee for its Advance Payments Program. “Many farmers take advantage of an intended seeded advance, which provides them with cash flow
U.S. soybean stocks ground high-flying canola futures
Grain Markets, Markets

U.S. soybean stocks ground high-flying canola futures

A dump of snow over the Prairies also put prices in flux

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Canola contracts on the ICE Futures Canada platform soared to their highest levels in months during the week ended March 9, but ultimately fell back to earth after the U.S. Department of Agriculture hiked its estimate for U.S. ending stocks of soybeans. The agency pegged the carry-out at 555 million bushels, about 25 million bushels
Richardson International's oilseed processing facility at Yorkton, Sask.
News, Oilseeds

Perhaps more could’ve been done to address Richardson’s concerns

In hindsight rising council membership fees and declining commodity prices probably contributed 
to the grain company’s decision to leave, says canola council chair

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In hindsight the Canola Council of Canada might have been able to do more to address Richardson International’s concerns with the rising cost of council membership, council chair David Dzisiak told reporters March 8. Dzisiak told reporters following the council’s annual general meeting that an agriculture sector downturn has everyone looking harder at the bottom
The Canola Council of Canada is reviewing its priorities in the wake of losing Richardson International, Canada’s largest grain company, says president Jim Everson. The company declined to renew its membership in 2018.
News, Oilseeds

Canola council reviewing priorities

Richardson withdrawal prompts soul-searching session at AGM

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Outside the Canola Council of Canada’s annual business meeting March 8 there were palm tress, cacti and deep-blue Kodachrome skies offering a respite from Western Canada’s cold and snow. But inside was an elephant, acknowledged, but never named, called Richardson International. The nod came when council president Jim Everson announced the council is reviewing its

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