Local Spotlight
Success from the roots up

Success from the roots up

Sponsored by FMC

Daily Network News

More News →

Tag Archives Canola

Markets, News

Australia forecasts record wheat crop despite floods

By
Reuters – Australia is expected to produce a bumper year of crops including record wheat production in the current financial year, the government said Dec. 6, despite the impact of widespread flooding in the country’s eastern region. Total winter crop production across the country is forecast to total 62 million tonnes, the second highest on
Where does the canola market go now?
Grain Markets, Markets

Where does the canola market go now?

Less production in Canada may or may not mean higher prices in the New Year

By
The canola market took a turn on Dec. 2 when Statistics Canada lopped off more than 900,000 tonnes from its previous production call for the oilseed. Farmers and traders are faced with less canola, which threw a wrench into things. As expected, less canola coming off Western Canadian fields provided a strong boost to the oilseed’s
ICE March 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola trade’s focus on South America

Canola still entrenched in $800-$900 range

By ,
MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, looking for some direction to push values one way or the other. “We’re just watching South American weather now,” said Jaimie Wilton, commodities futures specialist with RJ O’Brien in Winnipeg, pointing to the drought in Argentina and the relatively favourable conditions
On Dec. 1, the Environmental Protection Agency announced its plans for a new biofuel blending mandate...
Grain Markets, Markets

Soyoil drop plunges soybeans, canola

Soybean industry slams meaningless increase in biofuel mandates from U.S. EPA

By
As the calendar flipped to December, the fortunes of Chicago soyoil, along with soybeans and canola, turned cold. On Dec. 1, the Environmental Protection Agency announced plans for a new biofuel blending mandate under the United States’ federal Renewable Fuel Standard. Starting in 2023, a greater volume of biofuels will be mixed with fuels at
ICE January 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Less canola to be exported

Crop expectations from Canada, Australia are factors

By ,
MarketsFarm — Any hopes of Canada exporting 9.3 million tonnes of canola during 2022-23 have now been dashed for two reasons. One reason is the latest Statistics Canada production report that cut canola production for the current marketing year. The other is the bumper canola crop Australia is now expected to have this year. StatCan’s
Photo: File
Crops, Markets, Weather

Australia looking at record wheat, canola crops

Near-record winter crop output expected

By ,
MarketsFarm — Australia is forecast to harvest record-large wheat and canola crops in 2022-23, with improved crop prospects in many parts of the country more than offsetting losses in others. That analysis comes from the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), released Tuesday. Total production of
Blackleg at the base of canola stems.
Crops, Oilseeds

An inoculation against blackleg

University of Manitoba trial shows a less-virulent strain boosts canola’s natural defences

By
A new biological control strategy could be a game changer in the battle against blackleg in canola. The fungal infection that has a yield-destroying effect on canola crops was first discovered in Saskatchewan in 1975 and eventually spread across the country. Blackleg is the result of the interaction between two closely related fungal species, Leptosphaeria
(File photo by Dave Bedard)
Crops, Markets

Speculative short position grows in canola

Managed money still net long in soybeans

By ,
MarketsFarm — Speculators in the ICE Futures canola were busy liquidating long positions and adding to the short side of the market during the last week of November. That’s caused the net short position to grow to its largest level in two months, according to the latest Commitments of Traders (CoT) report compiled by the
Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)
Crops

U.S. judge dismisses indictment against Huawei executive

Related charges remain against company

By ,
New York | Reuters — A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies, formally ending a criminal sanctions case that strained U.S.-China and Canada-China relations. Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company’s chief executive, entered an agreement with U.S. prosecutors
(Dave Bedard photo)
Crops, Markets, Weather

StatCan data show smaller Canadian canola, durum production

Report also logs more barley, oats than previous estimates

By ,
MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There were both bullish and bearish surprises,” MarketsFarm Pro analyst Mike Jubinville said. While canola production of 18.174 million tonnes was still up considerably from the

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →