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Canola

Pressure on the loonie helps lift canola futures
Grain Markets, Markets

Pressure on the loonie helps lift canola futures

Conditions in South America add a weather premium

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Contracts on the ICE Futures Canada canola complex continued to strengthen during the week ended Feb. 23, as weather issues in South America and action in the Canadian dollar underpinned the market. Traders were rolling out of the March contract and into May, resulting in a flurry of spread action during the week. The tilt
Lowe Farm farmer Butch Harder told the seed growers’ meeting he opposes additional royalties for cereal breeders, calling the plan a “seed tax.”
Crops, News

The ‘value capture’ conundrum

A proposal to better compensate cereal breeders will almost certainly cost farmers more 
either when they buy seed or when they deliver grain to the elevator

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Some call it a cereals ‘seed tax’ while others say it’s an investment in improved varieties. Either way, Canadian farmers face paying more for new varieties, or when they deliver the crop, if one of two proposed new “value capture” models is implemented by the federal government in 2019. “We want Canada to continue to
Manitoba has more crop choices than many locations on the Prairies, which makes a more diverse crop rotation possible.
Crops

Building a ‘better’ crop rotation

Understand all the interactions within a rotation and their effect on yield

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Manitoba is a unique place to farm in the western Canadian Prairies. We enjoy a relatively long growing season, good rainfall (sometimes too much) and have the support of many industry partners, testing a wide range of crop types with adaptation to our climate. With all the crop options we have, a diverse crop rotation
(Dave Bedard photo)
Crops

U.S. judge halts California plan for warnings on glyphosate

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Chicago | Reuters — A federal judge has temporarily blocked California’s plans to require cancer warnings on products containing glyphosate, in a win for manufacturer Monsanto. U.S. District Judge William Shubb said the warnings would be misleading because glyphosate is not known to cause cancer, according to court documents filed on Monday in California. He
(File photo courtesy Canola Council of Canada)
Crops, Markets

Canola exports slow down in latest weekly report

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CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during
Soybeans’ strength doesn’t sustain canola’s rally
Grain Markets, Markets

Soybeans’ strength doesn’t sustain canola’s rally

Large corn supplies keep cash prices under pressure

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ICE Futures Canada canola contracts hit their best levels in two months during the week ended Feb. 16, but ran out of gas and retreated from those highs despite continued strength in Chicago soybeans. After rallying above the psychological $500-per-tonne mark on Monday (Feb. 12), March canola spent the next few days making attempts at
Crops, Markets

ICE weekly outlook: Canola rides soymeal wave higher

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CNS Canada — ICE Futures Canada canola contracts rode the coattails of a surging soymeal market during the week ended Wednesday, but one big rain in Argentina could halt the rally in its tracks. “If there’s more rain in the forecast we will lose ground,” said Mike Jubinville of ProFarmer Canada. “The attitude is the
Other crops are seven per cent of the 2017 seeded acres.
Crops, Opinion

Worth a look: Annual production estimates a valuable resource

It can help you calculate your own risk and rewards, but only if you use it

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At first glance, the annual Guidelines for Estimating Crop Production Costs released every January looks like good bedtime reading for insomniacs. But sort through the numbers and analysis, and the story that emerges is full of mystery and intrigue. These production estimates are designed to give farmers a reference for determining which crops make the

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