Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Canada’s canola acres up from earlier forecast

Wheat acres up; barley, oats, corn revised lower

MarketsFarm –– Canadian farmers seeded more canola in 2021 than originally intended, with a number of other crops also seeing adjustments higher as dry weather through the planting season allowed for a fast seeding pace. In its June estimates of principal field crop areas, released Tuesday, Statistics Canada pegged total canola planted area at 22.5

CBOT December 2021 corn with 20- and 100-day moving averages (blue and dark green lines) and MGEX, CBOT and K.C. September 2021  wheats (black, yellow and orange lines). (Barchart)

U.S. grains: CBOT corn, soy, wheat rally as hot forecasts trump rains

MGEX September wheat also climbs

Chicago | Reuters — Chicago Board of Trade corn, soybeans and wheat rallied on Monday, with traders focused on forecasts for heat in the western U.S. Midwest that will quickly dry out soils in major production areas. “The forward forecasts have the heat that is presently over the Pacific Northwest to move over the western


(Dave Bedard photo)

Canola, wheat acres in opposite trends before StatsCan report

'Every commodity was offering options that were profitable'

MarketsFarm — Just days prior to Statistics Canada issuing its latest survey-based crop acreage report on Tuesday next week, analysts are estimating a rise in canola acres at the expense of wheat. “Coming through the winter and towards spring seeding, we were looking at canola prices that were at their highest levels of all time,”



(ThamKC/iStock/Getty Images)

U.S. Supreme Court backs refineries in biofuel waiver dispute

Top court overturns ruling against EPA granting waivers

Reuters — The U.S. Supreme Court on Friday made it easier for small oil refineries to win exemptions from a federal law requiring increasing levels of ethanol and other renewable fuels to be blended into their products, a major setback for biofuel producers. The justices overturned a lower court decision that had faulted the U.S.


CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2) and ICE November 2021 canola (yellow line, left column). (Barchart)

U.S. grains: Soybean futures fall after rain

Chicago corn, wheat futures both mixed

Chicago | Reuters — Chicago Board of Trade corn soybean futures fell on Thursday, pressured by rain in key growing areas of the U.S. Midwest this week, traders said. “I think it is probably confirmation of fairly widespread rain in areas that were in really dire straits,” said Chuck Shelby, president of Risk Management Commodities.


Ceres grew its business in Manitoba last year when it bought Delmar Commodities, including Jordan Mills, a small soybean extrusion plant near Roland, Man.

Ceres Global Ag Corp. making its presence known on the oilseed processing stage

Manitoba will continue to be important in this grain company’s growth, says CEO Robert Day

Ceres Global Ag, a publicly traded, Minneapolis-based company, was flying mainly under the radar — until recently. But the newcomer grain company made headlines May 25, announcing plans to build a 1.1-million-tonne, US$350-million canola-crushing plant at Northgate, Sask. That move brought the firm into clearer focus for many market participants, and the picture that’s emerged

Ceres’ plan for canola crushing ‘good news’

Crushers are confident canola sector will produce enough product for new capacity

“Good news all around.” That’s how Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA), responded when asked about Ceres Global Ag Corp.’s plans to build a 1.1-million-tonne canola-crushing plant at Northgate, Sask. Earlier this year two other companies announced they will build new plants, and a third announced it was doubling capacity of an existing facility.