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News, Oilseeds

Organization in Canada, China, sign memorandum

Canola Council of Canada touts benefits of canola oil and meal during trade mission to China

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The Canola Council of Canada is celebrating a new memorandum of understanding after wrapping up a trade mission to China. Speaking from Beijing, canola council president Jim Everson emphasized the importance of the Chinese market for Canadian canola producers and processors. “We are just at the end of what we think is a very successful
Markets, Oilseeds, Opinion

Opinion: Are U.S. soybean exports meeting market expectations?

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Although robust world soybean demand and competitive advantages have allowed the United States to surpass early-season export forecasts for four years in a row, market watchers wonder if this is the year that will break the mould. The U.S. Department of Agriculture’s weekly soybean export figures have consistently met or exceeded analyst estimates so far.
Grain Markets, Markets

Canola prices likely capped by ample supplies

StatsCan has left canola projections unchanged in their 
most recent supply/demand tables

ICE Canada canola prices bounced around within a wide range during the week ended Nov. 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news as far as canola is
Grain Markets, Markets

USDA report surprises oilseed market

Traders were expecting a lower yield number and when they didn’t get it, they reacted

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ICE Futures Canada canola contracts may have finally topped out after the USDA’s monthly supply-and-demand report put the entire oilseed sector under pressure. Canola futures began climbing back in the early part of September, eventually rising above the $520-per-tonne mark. However, that changed on Thursday, November 9, when the USDA left its prediction for soybean
Comment/Feedback, Oilseeds

USDA forecast puts soybeans in uncharted territory

Acreage is up but production down in the latest USDA monthly crop production report

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Just when analysts thought they had figured out the pattern in the U.S. Department of Agriculture’s U.S. soybean forecasts, the agency’s latest estimate broke form and created even more uncertainty in the market. In its monthly U.S. crop production report on Oct. 19, USDA increased harvested area of the oilseed by 740,000 acres but lowered
Grain Markets, Markets

Canola traders are fixed on forecasts for a record crop

Minneapolis wheat suggests protein will be in short supply

ICE Futures Canada canola contracts trended higher for the past two weeks, despite seasonal harvest pressure, although the bigger picture remains sideways and rangebound. The November contract briefly traded above the 200-day moving average of $497 per tonne on Sept. 22, on the back of some fund buying triggered by a rally in Chicago soybeans.
Crops, Local news

Sclerotinia seen in canola, aphid populations rise in soybean crops

Manitoba Insect & Disease Update for August 16

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Sclerotinia stem rot has been observed in scattered canola fields through the canola disease survey. In most fields levels are low, but incidence was about 50 per cent in a field in the Carman area. Blackleg symptoms are easiest to identify when stems are cut at the base. The perfect time to scout is at harvest, so bring your clippers along
Crops, Local news, Weather

Manitoba Crop Report and Crop Weather report: No. 10

Conditions as of July 4, 2016

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The warmer and drier weather conditions were welcomed by Manitoba producers. All crop types, particularly the warm season crops including grain corn and soybeans, are benefiting from the warmer weather. The more favourable weather conditions are allowing some acres impacted by excess moisture to recover. However, continuing wet field conditions and symptoms of excess moisture
Along with a number of information sessions, Manitoba Hay Day held an equipment 
demo with various makes of central pivot disc mowers and balers.
Forages, Livestock

A nice day to make hay

Manitoba Hay Day provided attendees with details on cutting time, 
equipment tips, baling recommendations and an on-site equipment demo

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Hay Day has a new home. The annual Manitoba Agriculture event was held for the first time at the Manitoba Beef and Forage Initiative’s (MFBI) Brookdale site after two years in participating farmers’ fields. It attracted more than 100 producers seeking information on how to produce top-quality hay every season and featured extension specialists from
LaBroquerie alfalfa.
Crops, Forages

Rapid alfalfa growth sees ideal RFV values fast approaching

Manitoba Forage & Grassland Association Green Gold Reports for May 24, 2016

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With the rapid growth of the alfalfa over the weekend, the results from yesterdays clipping in Eastern Manitoba indicate that we are presently averaging a RFV of 195. Looking at some of the samples they are at or close to a RFV of 170. Remember 170 is used to determine HAY DAY with the target

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