Funds, weather chop oilseed prices

Funds, weather chop oilseed prices

Massive selloff of managed money positions drives oilseed prices down

All was going well for canola early in the week of Nov. 14, with the oilseed continuing on its path to recovery. Then things were shaken by speculative funds. Although those funds drove canola prices lower over much of the last month, managed money was also responsible for bringing things largely back to where they

ICE January 2024 canola with 20- and 200-day moving averages and nine-day exponential moving average. (Barchart)

ICE weekly outlook: Purely technical canola market trending up

Activity expected thin until next week

MarketsFarm — The ICE Futures canola market moved within a wide range during the week ended Wednesday, hitting some of its best levels in a month before running into resistance at the highs. With traders in the United States moving to the sidelines for the U.S. Thanksgiving holiday, activity should be thin and choppy until


“The thought behind [this study] is that perhaps not every individual in the herd will need to be fed a feed supplement to reduce methane emissions.” – Katie Wood, University of Guelph.

On-pasture feed efficiency can reduce cattle emissions

University of Guelph uses unique technology to measure feed efficiency and enteric methane emissions

Feeding canola oil to beef cows could be one way to reduce their enteric methane emissions and increase feed efficiency. That’s among the takeaways from work at the University of Guelph’s Elora Research Station. Researchers there have adopted unique technology to investigate the link between feed efficiency and enteric methane emissions. Why it matters: Feed-efficient

(Dave Bedard photo)

Large speculative short position in canola dips slightly

Net long in CBOT soybeans increases

MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Nov. 14, the net managed money short position in


University of Manitoba law professor says fatigue management should never have been on the rail dispute bargaining table; it's a matter for government to handle.

Grain prices still hang on exports

Expert's Radar: Our wheat export pace is up despite smaller production

Canada is a country whose main exports are hockey players and cold fronts,” according to a quote attributed to former Prime Minister Pierre Elliot Trudeau who jokingly added “our main imports are baseball players and acid rain.” Looking at the current Winnipeg Jets lineup at least, it’s safe to say the trade balance on hockey

A soybean sprout at a plantation affected by drought at Soledade in Brazil’s Rio Grande do Sul state on Jan. 8, 2022.

Canola looks to soybeans for guidance

Demand for U.S. soy is strong; supply from Brazil is uncertain

The soy complex at the Chicago Board of Trade is usually a bellwether as to where canola prices will go, with support from gains in soyoil and soymeal countered by losses in soybeans during the week ended Nov. 9. There are at least a couple of bearish indicators for soybeans. First is the projected Brazilian





“If you think about removing greenhouse gases from the atmosphere, the best thing you can do is increase agricultural yields.” – Curtis Rempel, Canola Council of Canada.

Biofuels drive canola demand

Canola Council of Canada aims for yield research to meet demand

The Canola Council of Canada is seeking ways to increase yields to meet the rising demand for biofuels. “Biofuels seem to be taking the front-and-centre space for the oilseed sector, at least in Western Canada,” said Curtis Rempel, vice-president of crop production and innovation. Why it matters: The canola industry represents 207,000 jobs, $12 billion in wages and nearly

Joe Gardiner of Covers & Co. (left) and Scott Chalmers of the Westman Agricultural Diversification Organization 
near Melita.

Matchmaking intercrops: forage soybean and corn

Residual nitrogen, soil health and extended grazing among the potential benefits being tested with the oddball intercrop

Glacier FarmMedia – The Westman Agricultural Diversification Organization has done a lot of work with intercrops, from honing the agronomy of more established companions like ‘peaola’ (peas and canola), to trying out new mixes like pulses and flax. A novel trial at the research farm’s site near Melita this year put soybeans amid the corn.