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(File photo by Dave Bedard)
Crops, Markets

Canola fund short position holds steady

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CNS Canada — Fund traders maintained their net short position in ICE Futures canola contracts, according to the latest commitment of traders (CoT) report by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position in canola by only 500 contracts, to
(Noel Hendrickson/DigitalVision/Getty Images)
Crops

Richardson to buy Wesson cooking oil brand

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A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail
(File photo by Dave Bedard)
Crops, Markets

Funds reduce short position in canola

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CNS Canada — Fund traders lowered their net short positions in ICE canola futures during the week ended Dec. 4, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola
Canola council’s new priorities aimed at efficiency, effectiveness
News, Oilseeds

Canola council’s new priorities aimed at efficiency, effectiveness

Market access and production still top the list, while changes are coming to promotion, agronomy and funding

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The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support
Why is canola winning acres and not wheat?
Crops

Why is canola winning acres and not wheat?

The percentage increase in yields for both are about the same leaving some to speculate it’s more about demand than genetics or private versus public variety development

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Wheat needs more research money to compete with crops like canola. That’s the message organizers delivered at the first consultation meeting on two new proposed royalty options in Winnipeg Nov. 16. “Cereals are necessary in crop rotations to prevent pest and disease pressures from emerging,” a government slide presentation said. “However, due to declining profitability
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

Tighter StatsCan canola crop won’t affect market, analysts say

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CNS Canada — Canada’s canola production has been revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report, issued Thursday. However, two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a
The decline in wheat acres compared to the increase in canola acres reflects their supply and demand, Stonewall farmer Bill Matheson told the first consultation meeting on proposed new royalties for cereal crops.
Crops, Local news

Why is canola beating wheat?

The prevailing wisdom could have it all wrong

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Wheat needs more research money to compete with crops like canola. That’s the message organizers delivered at the first consultation meeting on two new proposed royalty options in Winnipeg Nov. 16. “Cereals are necessary in crop rotations to prevent pest and disease pressures from emerging,” a government slide presentation said. “However, due to declining profitability
(Dave Bedard photo)
Crops, Markets

Net fund short position grows in canola

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CNS Canada — Fund traders added to their net short positions in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position to roughly 44,000 contracts

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