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Canola

(File photo by Dave Bedard)
Crops, Markets

Canola fund short position grows

Funds also net short in U.S. wheats

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MarketsFarm — The managed money net short position in canola grew in early May as fund traders were busy liquidating long positions and moving more money to the short side of the market, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 2, the net
Markets, News

Survey says…

The numbers we’re seeing may need an asterisk, for various reasons

By
Back in my university days, I had a part-time job conducting market research surveys on evenings and weekends. “On a scale of one to seven, how satisfied are you with the flavour of x-brand toothpaste?” or “In the past month, have you heard any beer ads on the radio?” That kind of thing. It could
Market sensitivities require farmers to carefully manage certain crop protection products to protect trade.
News

Complex patchwork of global MRLs makes vigilance important

Latest Keep It Clean list highlights trade risks to grain sector

By
A consortium of commodity organizations is once again reminding growers to be aware of crop protection products and their potential impact on trade. Keep It Clean is a joint initiative of the Canola Council of Canada, the Prairie Oat Growers Association, Cereals Canada and Pulse Canada. It just released the annual list of crop protection
Is the water in your sprayer neutering your herbicide?
Crops

Is the water in your sprayer neutering your herbicide?

Calcium, magnesium, sodium, iron and potassium cations in sprayer water will bond with herbicide molecules, such as glyphosate, making them ineffective

By
Clint Jurke had never, not once, tested the quality of his sprayer water until a colleague said it would make a good topic for an article. “I like to think I’m pretty good at agronomy,” said Jurke, agronomy director for the Canola Council of Canada and farmer from Lloydminster, Sask. “I scout, follow labels’ rates,
Canola sees short-term gain, long-term pain
Grain Markets, Markets

Canola sees short-term gain, long-term pain

The latest StatCan survey piled on other bearish factors

By
If Statistics Canada estimates are correct, this year’s domestic canola crop will continue the oilseed’s ongoing acreage recovery since Western Canada’s historic 2021 drought. Last week StatCan released its first survey-based seeding intentions report for 2023-24, projecting canola area to increase by 0.9 per cent from 2022-23, to 21.597 million acres. This might be an
ICE July 2023 canola with 20-day moving average and November 2023 canola (yellow open/high/low/close). (Barchart)
Crops, Markets

ICE weekly outlook: Expect canola to climb higher

Seeding reported underway in southern Alberta

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MarketsFarm — As better-than-expected weather across the Canadian Prairies is very likely to spur on farmers to begin their spring seeding, the market is poised to push higher over the next couple of months, according to an analyst. “We have come down to the low end of the range,” said David Derwin, commodity futures advisor
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Crops, Markets, Weather

Rapeseed production expected down in EU

USDA attache sees more soy, sunflower

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MarketsFarm — Rapeseed production in the European Union (EU) is expected to see a small decrease in the 2023-24 marketing year, according to the U.S. Department of Agriculture’s (USDA) European Union attaché in Vienna. In a Global Agricultural Information Network (GAIN) report released Wednesday, the EU’s 2023-24 rapeseed crop is expected to total 19.3 million
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

EU sets Ukraine grain import restrictions in five countries until June 5

Supports pledged for farmers in those countries

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Brussels | Reuters — The European Commission said on Tuesday it set restrictions until June 5 on imports of Ukrainian wheat, maize, rapeseed and sunflower seed to ease the excess supply of these grains in Bulgaria, Hungary, Poland, Romania and Slovakia. The EU executive arm said that during that period, Ukrainian wheat, maize, rapeseed and
We must assume that the situation that developed in 2022 is apt to occur again, and that next time it may not work out as well as it apparently has in 2022.
Op/Ed, Opinion

Opinion: The dodged bullets of 2022

Ag policy needs to be prepared if last year’s lifelines don’t reappear

By
Canadian grain and oilseed producers experienced a surge in major crop input expenses in 2022. At the same time, the market for grains and oilseeds was exceptionally volatile. This dynamic was critical in determining farm incomes in 2022 and has much to say on what farmers need from agricultural policy. To investigate this issue, the
(Dave Bedard photo)
Crops, Markets

Fund short position in canola grows for first time in a month

Corn moves from net long to net short

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MarketsFarm — After covering bearish bets for four straight weeks, managed money fund traders were back on the sell side of the canola market in late April, covering longs and putting on new short positions. According to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC), as of April 25,

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