Canola Archives - Page 51 of 254 - Manitoba Co-operator

Survey to flesh out Canadian canola storage

The University of Manitoba hopes the survey will provide a full picture of on-farm realities

By Alexis Stockford June 12, 2023

Researchers from the University of Manitoba want to hear all about canola storage on your farm. A survey, also posted through the Canola Council of Canada’s Canola Watch, aims to provide better data on how farmers store the oilseed, how they dry it, the storage and drying issues they face and how they try to solve those problems. Why

Crops, Markets

USDA’s June WASDE report brings few notable changes

Canadian wheat harvest expectation unchanged

By GFM Network News, Marketsfarm June 9, 2023

MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion in the department’s May estimates.

Wheat seedlings emerge from the soil. Wheat crops in Europe are looking positive with big harvests expected.

Grain Markets, Markets

End of spring seeding adds bearish tone to grain markets

Plausible cases can now be made for canola to continue lower or turn higher

By Phil Franz-Warkentin June 8, 2023

ICE Futures canola contracts fell hard in late May, hitting their weakest levels in more than two years on May 31 before uncovering some support to rise above those lows to start June. Where the market goes from here remains to be seen, as a case can be made for either more losses or a

ICE July 2023 canola with 20-day moving average and November 2023 canola (dark green line). (Barchart)

Crops, Markets

ICE weekly outlook: Canola finds support from funds, weather

Crude oil markets also a factor

By Adam Peleshaty, GFM Network News June 7, 2023

MarketsFarm — After being in a steady decline over the past month, the ICE Futures canola market was on the rise for the week ended Wednesday. The July canola contract closed Wednesday at $670.30 per tonne, an increase of $20.70 from the week before. Meanwhile, the November canola contract rose $22.60 per tonne over the

Figure 1: Seeding Progression in 2023 Compared to Previous Years.

Crop Report, Crops, Weather

Seeding in Manitoba nearly complete, hot weather sees heat stress in livestock

Manitoba Crop Report: Issue 4 (week 23)

By Manitoba Agriculture June 6, 2023

Weekly provincial summary Precipitation was variable across agro–Manitoba from May 29 to June 4 with values ranging from 0 to 57.1 mm. Isolated storms brought significant rainfall to areas in the Eastern region, parts of the Interlake, and parts of the Northwest. Teulon (57.1 mm) received the most precipitation in the past seven days. Climate

Crops, Markets

Fund traders add to bearish bets in canola

Funds also net short in MGEX and CBOT wheat, corn

By GFM Network News, Phil Franz-Warkentin June 6, 2023

MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 30, the net managed money short

Crops, Markets, Weather

Repeat of record Australian wheat, canola crops unlikely

ABARES expects 2023-24 crop down on year

By GFM Network News, Marketsfarm June 6, 2023

MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will likely cut rainfall through the growing season, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

If sufficient rain doesn’t reach newly seeded Prairie crops in a timely fashion, canola futures may finally break higher.

Grain Markets, Markets

A short but tough week for canola

Another year of tight canola stocks predicted

By Glen Hallick - MarketsFarm June 3, 2023

There wasn’t much to prop up canola values on ICE futures over the shortened week of May 23. As of May 25, the two most actively traded contracts, old-crop July and new-crop November, fell back by $11.20 and $14.40 per tonne respectively. That’s despite the former poking its head above the psychological level of $700/tonne

ICE July 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Hard to know where canola will go

'Could easily make a case either way'

By GFM Network News, Phil Franz-Warkentin June 1, 2023

MarketsFarm — ICE Futures canola contracts fell hard to end the month of May, dropping to levels not seen in more than two years. While the oversold market may be due for a correction, there could also still be more room to the downside. “It’s hard to have a real solid opinion of whether we’ll

Crops, Markets

April grain deliveries see increases all around

Barley deliveries up sharply

By GFM Network News, Marketsfarm May 29, 2023

MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate the sizeable harvest farmers reaped

Daily Network News

U.S. livestock: CME cattle futures rise on expectations of tight supplies

U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years

ICE Canada Weekly: Canola unlikely to have a good start to 2026

Tag Archives Canola

Survey to flesh out Canadian canola storage

USDA’s June WASDE report brings few notable changes

End of spring seeding adds bearish tone to grain markets

ICE weekly outlook: Canola finds support from funds, weather

Seeding in Manitoba nearly complete, hot weather sees heat stress in livestock

Fund traders add to bearish bets in canola

Repeat of record Australian wheat, canola crops unlikely

A short but tough week for canola

ICE weekly outlook: Hard to know where canola will go

April grain deliveries see increases all around

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