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It’s amazing to think that the work of two plant breeders at publicly funded universities transformed a machine lubricant into an edible oil.
Other

Editor’s Take: Setting research priorities a complex puzzle

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[UPDATED: Nov. 24, 2023] It’s often observed that from tiny acorns, mighty oaks grow. Nowhere in the western Canadian agriculture scene is this truer than in the canola sector. When one pauses to reflect, one can only marvel at what has happened. A relatively obscure crop, grown largely as a machine lubricant, was transformed into one of
Left to right: Mario Tenuta (University of Manitoba), Curtis Rempel (Canola Council of Canada), Lawrence MacAulay, federal agriculture minister, University of Manitoba dean Martin Scanlon. The men spoke during a funding announcement at the Bruce D. Campbell Farm and Food Discovery Centre at Glenlea, Man.
Crops

Canola sector gets research funds boost

The federal government and canola sector team up for another five-year research cluster

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The federal government is putting up $9 million in funding to drive sustainable growth of the canola sector. The money will support a new canola cluster, said Lawrence MacAulay, federal agriculture minister, at a Nov. 14 media event at the University of Manitoba’s Glenlea Research Station. The 2023–2028 Canola AgriScience Research Cluster follows a similar
Funds, weather chop oilseed prices
Crops

Funds, weather chop oilseed prices

Massive selloff of managed money positions drives oilseed prices down

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All was going well for canola early in the week of Nov. 14, with the oilseed continuing on its path to recovery. Then things were shaken by speculative funds. Although those funds drove canola prices lower over much of the last month, managed money was also responsible for bringing things largely back to where they
ICE January 2024 canola with 20- and 200-day moving averages and nine-day exponential moving average. (Barchart)
Crops, Markets

ICE weekly outlook: Purely technical canola market trending up

Activity expected thin until next week

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MarketsFarm — The ICE Futures canola market moved within a wide range during the week ended Wednesday, hitting some of its best levels in a month before running into resistance at the highs. With traders in the United States moving to the sidelines for the U.S. Thanksgiving holiday, activity should be thin and choppy until
Crops, Markets

AAFC tweaks crop supply/demand estimates in November report

Estimates hold for most exports

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MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all other reported crops were left
(Dave Bedard photo)
Crops, Markets

Large speculative short position in canola dips slightly

Net long in CBOT soybeans increases

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MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Nov. 14, the net managed money short position in
University of Manitoba law professor says fatigue management should never have been on the rail dispute bargaining table; it's a matter for government to handle.
Grain Markets, Markets

Grain prices still hang on exports

Expert's Radar: Our wheat export pace is up despite smaller production

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Canada is a country whose main exports are hockey players and cold fronts,” according to a quote attributed to former Prime Minister Pierre Elliot Trudeau who jokingly added “our main imports are baseball players and acid rain.” Looking at the current Winnipeg Jets lineup at least, it’s safe to say the trade balance on hockey
A soybean sprout at a plantation affected by drought at Soledade in Brazil’s Rio Grande do Sul state on Jan. 8, 2022.
Grain Markets, Markets

Canola looks to soybeans for guidance

Demand for U.S. soy is strong; supply from Brazil is uncertain

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The soy complex at the Chicago Board of Trade is usually a bellwether as to where canola prices will go, with support from gains in soyoil and soymeal countered by losses in soybeans during the week ended Nov. 9. There are at least a couple of bearish indicators for soybeans. First is the projected Brazilian
“If you think about removing greenhouse gases from the atmosphere, the best thing you can do is increase agricultural yields.” – Curtis Rempel, Canola Council of Canada.
News, Oilseeds

Biofuels drive canola demand

Canola Council of Canada aims for yield research to meet demand

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The Canola Council of Canada is seeking ways to increase yields to meet the rising demand for biofuels. “Biofuels seem to be taking the front-and-centre space for the oilseed sector, at least in Western Canada,” said Curtis Rempel, vice-president of crop production and innovation. Why it matters: The canola industry represents 207,000 jobs, $12 billion in wages and nearly

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