Daily Network News

More News →

Tag Archives Canola

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
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
(Dave Bedard photo)
Crops, Markets

Fund traders add to bearish bets in canola

Funds also net short in MGEX and CBOT wheat, corn

By ,
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
Photo: File
Crops, Markets, Weather

Repeat of record Australian wheat, canola crops unlikely

ABARES expects 2023-24 crop down on year

By ,
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
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
(Viterra.ca)
Crops, Markets

April grain deliveries see increases all around

Barley deliveries up sharply

By ,
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
ICE November 2023 canola with Bollinger bands (20,2) and July 2023 canola (green line). (Barchart)
Crops, Markets

ICE weekly outlook: Don’t bank on $700 canola, analyst suggests

Fresh bullish news not yet in view

By ,
MarketsFarm — New-crop canola prices on ICE Futures seemed to be destined to remain well below $700 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. “The market tends to be back where it came from,” Anderson said, stressing that chances of canola pushing higher requires fresh bullish news. “It’s got to
(File photo by Dave Bedard)
Crops, Markets

Speculative short position declines in canola

Traders' net long in CBOT soy also reduced

By ,
MarketsFarm — The speculative short position in canola continued to shrink during the week ended May 15, as speculators bought back short positions and put on new longs, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 15, 2023, the net managed money short position
Farmer Steve Timmer plants corn near Shelby in Richland County, Ohio, about 110 km north of Columbus, 
on April 19.
Grain Markets, Markets

Grain traders cover some risk as planting continues

Canola contracts show strength independent of other oilseeds

By
North American grain and oilseed contracts saw choppy activity during the second week of May, moving up and down as the growing season for most crops got underway and traders looked to cover some risk in the face of uncertainty. For its part, the ICE Futures canola market showed independent strength relative to other vegetable

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →