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Canola

(File photo by Dave Bedard)
Crops, Markets

Fund long position edges higher in canola

Net long in CBOT soybeans down on week

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MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in at 13,904 contracts (41,949 long,
File photo of idled equipment in drought conditions on a farm in New South Wales, Australia. (f.ield_of_vision/iStock/Getty Images)
Crops, Markets, Weather

Australian crop estimates adjusted slightly lower

Crop seen down 34 per cent from last year

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MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, according to the latest crop
Manitoba harvest ahead of five-year average, canola conditions seen mostly fair to good
Crop Report, Crops, Weather

Manitoba harvest ahead of five-year average, canola conditions seen mostly fair to good

Manitoba Crop Report: Issue 17 (week 36)

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Overview  Harvest progress sits at 37 per cent complete across the province, which is ahead of the 5-year average (31 per cent). Winter wheat and fall rye harvest is complete (100 per cent). Yield reports are averaging about 60 bu/acre for winter wheat and 70 bu/acre for fall rye. Harvest continues in spring cereal crops,
A crop scout walks a soybean field in Allen County in northeastern Indiana on Aug. 19, 2019, during the Pro Farmer Midwest Crop Tour.
Grain Markets, Markets

Soy’s struggles could be canola’s gain

Expectations for U.S. soybean carryout may tighten further

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The main part of harvest is set to begin for canola, so you might think the influx of new crop into the market would cause prices to come down. But like any good friend, soyoil is there to give canola prices a pick-me-up. While the ICE futures November canola contract and October Chicago soyoil went
ICE November 2023 canola with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Harvest pressure, farmer selling to guide canola

New StatCan figures 'right around expectations'

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MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report came in right around expectations.
Spring wheat quality rating by region.
Crop Report, Crops, Weather

Winter wheat, fall rye harvest nears completion, waterhemp makes further inroads

Manitoba Crop Report: Issue 16 (week 35)

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Harvest progress sits at 18 per cent complete across the province, which slightly lower than the 5-year average (23 per cent) harvest progress. Winter wheat and fall rye harvest is near completion, with 97 per cent of acres harvested. Early yield reports for winter wheat are averaging about 60 bu/acre and 70 bu/acre for fall
Harvest watch continues
Grain Markets, Markets

Harvest watch continues

Expert’s Radar: After an extremely variable growing season, nobody’s quite sure where production will be

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Harvest is ongoing just about everywhere — the three oak trees on my front yard grew a good crop of acorns this year, with the pitter-patter of falling acorns and chirping of squirrels becoming a near constant sound. The sheer number of squirrels scrambling to bring food for the winter is impressive to say the
Photo: Oleksandr Yuchynskyi/iStock/Getty Images

Crops, Other

The do’s and don’ts of desiccation

As with all herbicide applications, follow the label, especially on application timing

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It is time to think about desiccation and pre-harvest weed control. “We’ve had some really good, hot weather for harvesting, so it really hasn’t been a year that we’ve had to talk much about pre-harvest desiccation or pre-harvest weed management,” provincial weed extension specialist Kim Brown-Livingston says. “But the harvest has just begun, and we’ve
(Viterra.ca)
Crops, Markets

Increases seen in most July grain deliveries

Oats deliveries more than double, canola near double

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MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes,
(Richardson International video screengrab via YouTube)
Crops, Markets

July canola crush sets new records

Soybean crush down slightly from last July

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MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. The federal agency pegged the

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