FarmLink Marketing Solutions, a grain marketing company in Winnipeg, expects Canadian canola acreage to increase in 2014/15 (Aug/Jul), a news release from the company said Thursday. They estimated that canola acreage in Canada would increase to 22.05 million acres, up from 19.74 in 2013/14 (according to Statistics Canada) and the five-year average of 18.85 million.
Higher canola acres an 2014/15: FarmLink Marketing Solutions
Higher oil content seen in Canadian canola crop: CGC
Canada’s large canola crop also had a higher than average oil content, according to preliminary sample data compiled by the Canadian Grain Commission (CGC). With 1,140 samples compiled across Manitoba (247), Saskatchewan (538) and Alberta (355) as of October 21, roughly 95.4% of the canola was grading Number 1, reported the CGC, although samples arriving
World Wheat News: U.S. futures mixed
Wheat futures in the U.S. settled mixed on Tuesday. Minneapolis and Kansas City contracts were underpinned by weather-related planting issues in the Black Sea region and solid export demand. Chicago soft wheat contracts, meanwhile, were pulled down by declines in corn. Technical resistance also weighed on the Chicago futures. Prices in US$ per bushel: CBOT
Most Saskatchewan crops in good condition: report
The majority of crops in Saskatchewan were rated in good to excellent condition during the week ended July 29, a crop report from the Saskatchewan Ministry of Agriculture said Thursday. The report noted that 84 per cent of spring wheat crops, 82 per cent of canola, 81 per cent of lentils and 88 per cent of
Southwest Manitoba crops affected by storm: report
A storm system that brought heavy rains, strong winds and hail to the Southwestern region of Manitoba caused some damage to crops during the week ended July 15, a report from Manitoba Agriculture, Food and Rural Initiatives said. According to the report, the storm affected field and forage crops, as well as shelterbelts and farm
CWB to begin marketing canola
CWB announced Thursday that for the first time in 63 years, it will add canola to its marketing program, a release from the organization said. The farmer sign-up for the new CWB canola pool is now open, the release said. CWB added the program to its marketing mix because farmers were interested in using the pool
Prairie wheat commissions under construction
Efforts are underway to create provincial wheat associations in all three Prairie provinces, to focus on research and market development as the looming end of the Canadian Wheat Board’s single desk will result in a void on that front. "We know there will be the need to have a checkoff system to fund research and
“Fairly aggressive” marketings trump strong loonie
Values for cattle sold at the various auction marts in Manitoba continued to hold strong levels during the week ended Feb. 24, as demand from all outlets remained fairly aggressive. Prices for cows also held their own during the reporting period. Marketings of cattle, overall, remained at a pretty healthy pace, with favourable weather conditions
Analysts advise making sales into canola rally
ICE Futures Canada canola contracts remained pointed higher during the week ended Feb. 24, as bullish technicals and solid end-user demand kept values well supported. Canola has moved higher every week for the past month, and while every advance heightens the chance of a profit-taking correction, that inevitable downturn has yet to rear its head.
Expect canola industry to seek even more acres
ICE Futures Canada canola contracts remained pointed decidedly higher during the week ended Feb. 17, showing no real signs of slowing down. Similar gains in the Chicago soy complex did provide some underlying support to the Canadian futures, but canola was also benefiting from its own bullish fundamental and technical factors. Depending on the chart
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