Municipalities and irrigation districts in Alberta have agreed to use less water this summer to combat a severe ongoing drought, the provincial government said on Friday.
Canola
Alberta municipalities, farmers agree to cut water use as drought persists
Canola prices fall, but still remain rangebound
High drought risk could kickstart the canola market this summer
Canola took a tumble to close out the week ended April 11, pressured by losses in Chicago soyoil and other oilseeds. The old crop May canola contract fell back from the week’s high of $643.10 per tonne at the close on April 5, and fell to $624.30 on April 11. Declines for the new crop
ICE canola weekly outlook: Trends shift lower once again
Canola futures broke below major chart support levels in mid-April, with nearby price trends all turning lower as attention in the market turns to the upcoming crop.
Crude oil correction could corral canola markets
Black gold underpins all commodity markets, including agriculture
In the world of commodities, crude oil rules, even when it comes to agriculture. It is needed to power the tools and the equipment to seed, harvest, transport and, in some cases, turn crops into final products. Some of those products are also in competition with crude oil itself. As a result, oilseeds and vegetable
Calling grain farmers: Feedback needed on seed modernization next steps
Online survey next step in debate over who should control what under seed regulations, and how that will affect farmers
[UPDATED: Apr. 23, 2024] As farmers enter one of their busiest times, they’re being asked to help shape Canada’s future seed regulations via online survey. The survey (found at the Government of Canada website) closes May 1 and is part of the seed regulatory modernization (SRM) process launched in September 2020 by the Canadian Food
ICE Canada Weekly: Canola looking to S&D report for direction
While the start of the week of Apr. 8 saw canola futures on the Intercontinental Exchange trade in a very narrow range, broker Jamie Wilton of RJ O’Brien in Winnipeg said that could soon change.
Australian canola a ‘thorn in our side’
The country has become a major competitive threat to Canada’s canola sector
Glacier FarmMedia – Canada is facing stiff competition from Australia in many canola export markets. “They’re here to stay,” said Jarrett Beatty, an exporter with Parrish & Heimbecker, during the Canola Council of Canada’s Canola Utilization Forum earlier this year. “Unless they have an environmental issue, they’re going to continue to be a bit of
Mixed outlook on global canola production
Australian canola production is expected to rise in 2024/25, while the European rapeseed crop will likely be smaller on the year, according to updated estimates from the United States Department of Agriculture’s Foreign Agricultural Service.
Net short position in canola continues to shrink
Managed money fund traders continue to chip away at the large net short position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE Weekly: More room to the upside for canola
After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.