Canola Archives - Page 122 of 258 - Manitoba Co-operator

ICE Futures March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

By GFM Network News, Glen Hallick - MarketsFarm January 23, 2020

MarketsFarm — ICE Futures canola traders have been keeping a close eye on this week’s extradition hearings for Huawei executive Meng Wanzhou in Vancouver. The hearing is to determine whether Meng will be extradited to the U.S., which requested her arrest by Canadian authorities in December 2018. China, in the wake of that arrest, detained

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Markets

Rising protein demand expected in 2020

Canada able to serve both plant- and animal-based protein markets

By GFM Network News January 23, 2020

MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by

Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Crops, Weather

Favourable growing conditions forecast for major ag regions

By GFM Network News January 23, 2020

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather

Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)

Markets

Improving global ag trade may not favour Canada

By GFM Network News January 22, 2020

MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, Beijing pledged to significantly increase Chinese purchases of U.S. soybeans and other agriculture goods. “Where does that leave room for Canada, given the demand side

News

KAP pegs carbon tax cost for grain drying at $1.7M

Both Keystone Agricultural Producers and the province are hoping the federal government will give ground on a carbon tax exemption for grain drying

By Alexis Stockford January 21, 2020

Keystone Agricultural Producers says carbon tax cost corn producers $1.7 million in grain drying last fall. It’s money the provincial government says they shouldn’t have to pay. Both the province and Keystone Agricultural Producers (KAP) are pushing for a carbon tax exemption for grain drying, following 2019’s wet harvest. During his comments at Ag Days

Bill Grueul, CEO of Protein Industries Canada, addresses reporters January 10 as Jim Carr, Prime Minister Trudeau’s special representative for the prairies, and Merit Functional Foods co-CEO Ryan Bracken look on.

News

Supercluster pumps $9.5 million into Winnipeg plant

Merit Functional Foods to open world’s first canola protein-processing facility late this year

By Geralyn Wichers January 17, 2020

A Merit Functional Foods canola and pea protein-processing facility near Winnipeg is slated to be up and running by the end of the year with the help of financial investment from Protein Industries Canada, the company announced at a news conference January 10. “Our plan is to build processing closer to production, adding value to

(Photo courtesy Canola Council of Canada)

Crops

CGC revises domestic canola usage downward

By GFM Network News, Phil Franz-Warkentin January 17, 2020

MarketsFarm — Domestic canola demand remained well ahead of exports in the latest Canadian Grain Commission report for the week ended Sunday — but revisions to data now show the crush pace is not quite as active as reported earlier in the month. The original data for the week ended Jan. 5 showed domestic disappearance

Crops, Markets

Funds shift to long side in soybeans, covering canola shorts

By GFM Network News, Phil Franz-Warkentin January 17, 2020

MarketsFarm — Fund traders moved to a small net long position in soybeans and reduced their overall short position in canola during the second week of January, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came

Corteva Agriscience, which spun off from the merged Dow and DuPont in 2019, got its canola seed breeding lab and research station in Saskatoon from the Dow AgroSciences end of the merger. (Video screengrab from Corteva.ca)

Crops

Supercluster backing canola protein production

By GFM Network News, Gfm Staff January 16, 2020

The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, federal Industry Minister Navdeep Bains announced the Protein Industries Canada (PIC) supercluster has approved a new $27.6 million project to breed high-protein canola hybrids for

ICE March 2020 canola with Bollinger (20,2) bands. (Barchart)

Crops, Markets

ICE weekly outlook: Canola off highs, rangebound

By GFM Network News, Phil Franz-Warkentin January 15, 2020

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

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