Manitoba has no room to ride the ‘yellow wave’ as canola prices have spiked.

‘Yellow wave’ unlikely despite high canola prices

Favourable crop prices across the board, high fertilizer costs and dry conditions may keep producers from changing things up

Despite record canola prices, Manitoba is unlikely to see much of a yellow wave this summer, say some farmers and analysts. “There isn’t a whole lot of room to increase acreage without deviating from best practices,” said Bill Nicholson. Nicholson, who farms near Shoal Lake in western Manitoba, figured if farmers had flex in their



With canola prices on the rise, time to make a marketing plan

With canola prices on the rise, time to make a marketing plan

Start by knowing your costs and break-even prices

With canola prices the highest they’ve been in two years, and the added stress of harvest, it’s a good idea to have a marketing plan, says Darren Bond, farm enterprise management specialist with Manitoba Agriculture and Resource Development (MARD) in Teulon. “We have to take that step back when we are marketing our grain and

China’s near-insatiable appetite for canola won’t be met with domestic production.

Political posturing can affect grain prices

China is still buying Canadian canola through the various back doors it’s found to exploit

When you cut through the politics and posturing, China still needs some of what Canada is selling. “They are repopulating their hog herd so they need feed,” Darren Bond, a farm enterprise management specialist with Manitoba Agriculture and Resource Development, told the CropTalk Webinar Sept. 16. “They have developed a taste for canola oil. At