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Crops, Markets

ICE weekly outlook: Canola trending higher

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CNS Canada — ICE Futures Canada canola contracts continued their steady upward trend during the week ended Wednesday, posting their highest daily settlements since July. Continued strength is possible, but those gains will depend on activity in the Canadian dollar and the U.S. soybean market. “There’s a firm tone in canola,” said Errol Anderson of
Other, Weather

Wind, heat, thunder and snow!

Our winters don’t have enough warm air to produce hail, but enough for ice pellets

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In my last article, I said we’d continue our discussion on cold-weather precipitation, but before diving back into that icy topic there have been a few unique weather events across our region that deserve a bit of a closer look. The first event was the high winds that worked their way across the three Prairie
Crops, Markets

ICE weekly outlook: Canola enjoying broad-based support

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CNS Canada –– ICE Futures Canada canola contracts are benefiting from developments down south. The U.S. Commerce Department on Monday imposed antidumping duties on biodiesel imported from Argentina and Indonesia. The department claimed the fuel was being sold at prices below market value in the U.S. The move was enough to lift soyoil in the
Other, Weather

A look at snow and super-cooled water

The water in our atmosphere has to be colder than 0 C before it’s cold enough to freeze

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As we slowly work our way toward winter and several locations across the Prairies have seen snow, I thought it might be time to revisit the icy topic of snow. Instead of jumping straight into our discussion we’ll look at the process that creates precipitation in cold clouds, which, in our part of the world,
(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola looks to USDA for direction

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CNS Canada — The canola market continues to chop around in its recently-established range of $490-$500 per tonne, but a looming U.S. Department of Agriculture report could change that, according to an industry analyst. “That (USDA supply and demand report) is going to be the driver,” said Keith Ferley of RBC Dominion Securities in Winnipeg.
(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola facing uphill climb

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CNS Canada — Bearish headwinds facing the canola market may have gotten slightly worse, after the U.S. Environmental Protection Agency announced it was considering cuts to biofuel requirements in U.S. fuel. The EPA said Tuesday it was looking for feedback on proposed reductions to the renewable fuel obligations in the 2018 and 2019 Renewable Fuel

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