The Canola Council of Canada is reviewing its priorities in the wake of losing Richardson International, Canada’s largest grain company, says president Jim Everson. The company declined to renew its membership in 2018.

Canola council reviewing priorities

Richardson withdrawal prompts soul-searching session at AGM

Outside the Canola Council of Canada’s annual business meeting March 8 there were palm tress, cacti and deep-blue Kodachrome skies offering a respite from Western Canada’s cold and snow. But inside was an elephant, acknowledged, but never named, called Richardson International. The nod came when council president Jim Everson announced the council is reviewing its

Chicago soy, lower loonie give boost to May canola

Chicago soy, lower loonie give boost to May canola

In U.S. dollars, the commodity’s value is actually down

ICE Futures Canada canola contracts moved to their highest levels in three months during the week ended March 2, having posted gains for 10 straight sessions. Losses in the Canadian dollar and gains in Chicago Board of Trade soybeans helped keep speculators on the buy side. While the May canola contract rose by $25 per


Canada’s International Trade Minister Francois-Phillippe Champagne goes in to sign the Trans-Pacific Partnership (TPP) trade deal on March 8 in Santiago, Chile. (Photo: Reuters/Ivan Alvarado)

Asia-Pacific nations sign sweeping trade deal without U.S.

Santiago | Reuters — Eleven countries including Canada and Japan signed a landmark Asia-Pacific trade agreement without the U.S. on Thursday in what one minister called a powerful signal against protectionism and trade wars. The deal came as U.S. President Donald Trump vowed earlier in the day to press ahead with a plan to impose

Manitoba Canola Growers Association president Chuck Fossay (l) presented Teulon farmer and former seed grower Murray McConnell with the Canola Award of Excellence for 2018 in recognition of his contribution as an early canola seed grower.

Early canola seed grower recognized

The 85-year-old farmer was one of the earliest seed growers to try the new crop

Murray McConnell, a pioneer canola seed grower, received the Canola Award of Excellence for 2018 from the Manitoba Seed Growers Association (MCGA) at the CropConnect banquet in Winnipeg Feb. 14. McConnell, 85, who farms near Teulon, Man., grew some canola plots for Baldur Stefansson, a University of Manitoba plant breeder and one of the developers


Canola nearing chart resistance

CNS Canada — The ICE Futures Canada canola market remains in a steady uptrend from a chart standpoint, with the May contract posting gains Monday for the 11th straight session. However, the futures are getting very close to upper resistance. May canola settled Monday at $530.50 per tonne, after climbing by roughly $30 over the

Soybeans’ strength doesn’t sustain canola’s rally

Soybeans’ strength doesn’t sustain canola’s rally

Large corn supplies keep cash prices under pressure

ICE Futures Canada canola contracts hit their best levels in two months during the week ended Feb. 16, but ran out of gas and retreated from those highs despite continued strength in Chicago soybeans. After rallying above the psychological $500-per-tonne mark on Monday (Feb. 12), March canola spent the next few days making attempts at


(Video screengrab from Innovation, Science and Economic Development Canada via YouTube)

Plant protein supercluster makes cut for federal funding

At the table with artificial intelligence, big data, advanced manufacturing and ocean-based energy, Prairie pulse, oilseed and cereal crops are in for a share of federal support to spur innovation in Canada. Innovation, Science and Economic Development Minister Navdeep Bains on Thursday announced Protein Industries Canada (PIC) as one of five “superclusters” which will receive

Canola rides out turbulence in world financial markets

Canola rides out turbulence in world financial markets

A lower loonie lent support to Canadian canola demand

It was a turbulent week for world financial markets but canola shrugged off much of the volatility and held firm, thanks in large part to weakness in the Canadian dollar. In fact, the market even showed a bit of bullishness as the front-month March contract broke through the psychologically important $500-per-tonne mark during the week


Crop yield records broken across the board

Crop yield records broken across the board

The 2018 edition of Yield Manitoba with this week’s Co-operator has all the details

It’s official. Many Manitoba yield records were broken in 2017, despite a drier-than-normal growing season. That’s what crop insurance data collected by the Manitoba Agricultural Services Corporation (MASC) show. The information is in Yield Manitoba 2018, a supplement to this week’s Manitoba Co-operator. Of the 13 insured crops Yield Manitoba tracks for annual comparisons, eight