File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)

Canada’s drought forces canola importers to turn elsewhere

'Importers...are going to be left out in the cold'

Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are leaning more heavily on smaller-producing



Kochia.

Drought conditions raise stakes on fall weed control

Weeds threaten to reduce already low moisture reserves

The province’s top weed expert is expecting to see lots of sprayers this fall, with many producers hoping to preserve every drop of water left in their soils. Late-summer rains broke Manitoba’s months-long dry spell for many regions, “but it’s still not nearly enough, so we’re going to have to be really careful,” said Kim






Prices are high, but production is down. For farmers who signed forward pricing contracts that’s a difficult position. A different strategy might have given them the same protection with less risk.

Avoiding the grain contract blues

Delivery contracts aren’t the only game in town when it comes to managing price risk

The old saying goes “you’ll never go broke selling crops for a profit,” — but you could be in a financial pickle if you don’t deliver what you sold. That hard financial reality has put the long tradition of forward pricing contracts under the microscope this year. It’s prompting questions about the responsibility farmers and