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Canola

Grain bins in a Saskatchewan field. (MysticEnergy/iStock/Getty Images)
Crops, Markets

Less Canadian wheat, more canola on hand to end 2023: StatCan

Some had anticipated even larger on-farm canola stocks, given slower export pace

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Canadian wheat stocks at the end of 2023 were considerably tighter compared to the previous year, with oats, corn and pulse crops also seeing supply reductions, according to the latest stocks report from Statistics Canada, released Feb. 8, 2024. However, canola, barley and soybean stocks as of Dec. 31, 2023, were higher compared to the previous year.
Less pressure on canola from South American soybeans
Grain Markets, Markets

Less pressure on canola from South American soybeans

It’s now a wait-and-see game on the Latin American harvest

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The huge South American soybean crop weighing on North American oilseed values has become something of a question mark. The Brazil soybean harvest is well underway and reduced yields indicate the once promising crop of more than 160 million tonnes will almost certainly be less than 150 million tonnes. A dry northern half of Brazil
VIDEO: Mini combine an outsized innovation
Equipment, News

VIDEO: Mini combine an outsized innovation

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Inventors are not often the types of people that rest on their laurels for long, so it’s not surprising that Gerry Devloo, inventor of the Canola Crusher, has a new invention that’s attracting attention. Coined the ‘Miniature Combine,’ this battery powered device makes it easier for growers to gauge the moisture content of their crop
Canola swaths in southern Saskatchewan, August 2023.
Grain Markets, Markets

It’s the little details in DIY, and in canola markets

There can often be lots of small parts to keep track of

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My ‘ancient’ five-year-old smartphone works perfectly fine for everything I need it to do, but the battery stopped holding a charge for more than a few hours. Faced with a $100 service charge for replacing the battery or the option of doing it myself for $20, I opted for the latter. The new battery I
Any two, three, four or five per cent that you can get in terms of efficiency, in terms of productivity, will help on the bottom line, because there’s a multiplicative effect when it comes to lowering your costs...” – J.P. Gervais, Farm Credit Canada.
News, Other

Economic hurdles ahead for farmers

FCC projects sliding revenue fortunes, maintains long-term optimism

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A prominent Canadian ag lender is projecting a 4.8 per cent decline in farm cash receipts in 2024, thanks in part to a softening market. Consequently, its leading economist is urging producers to find any way to save money. “In this environment, I do think that management skills are absolutely critical,” said J.P. Gervais, vice-president
In the U.S. the seasonal ‘battle for acres’ between soybeans and corn could be heating up.
Grain Markets, Markets

Mixed activity in grain markets

From Latin American harvest to AAFC estimates, many factors affected markets

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Activity was mixed in the North American grain and oilseed markets during the last full week of January, as traders were busy looking for direction from South America, where Brazil was in its early stages of harvesting its soybean crop and seeding its next corn crop. The looming influx of recently harvested Brazilian soybeans may
“If these cost estimates hold going forward, and there’s reason to believe that they will, soybeans will remain a relatively low-input crop.” – Daryl Domitruk, Manitoba Pulse and Soybean Growers.
News, Oilseeds

The future of Western Canadian soybeans

Northern soybean seminar looks to profitability on the Prairies

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There are challenges to expanding soybean production to Western Canada, but many, including Manitoba Pulse and Soybean Growers executive director Daryl Domitruk, see the potential for growth. Domitruk was among the speakers at the second Northern Soybean Summit, hosted virtually by Soy Canada in December. Contributors from throughout the value chain discussed the future of

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