Pressures on soybean market put crunch on canola values

Pressures on soybean market put crunch on canola values

China trade troubles outweigh concerns about late planting

ICE Futures canola contracts moved higher for most of the week ended May 17 before running into resistance, as the Canadian oilseed reacted to activity in the Chicago soybean complex. The July contract has improved by roughly $20 per tonne off of its early-May lows over the past two weeks, and saw additional strength when


Blooming rapeseed field at sunset

More debate yet to come on neonics

Health Canada has satisfied its concern with three neonicotinoid insecticides and pollinator risk, but a decision to protect aquatic insects may yet take those chemistries off the table

Health Canada’s April decisions on three neonicotinoid insecticides won’t change much for growers this year — but it also won’t be the last word on the subject. Producers will still have access to most imidacloprid, clothianidin and thiamethoxam uses following the April 11 ruling. In 2016, the federal government announced plans to phase out imidacloprid



Ken Christopher looks at cloves of garlic on a conveyer belt on March 29, 2019 at Christopher Ranch at Gilroy, California, about 40 km southeast of San Jose. (Photo: Reuters/Lucy Nicholson)

U.S. garlic growers profit from trade war as most farmers struggle

Gilroy, California | Reuters — Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. Sales of California-grown garlic are now increasing after decades of losing ground to cheaper Chinese imports. Sales are poised to get even better as




(File photo by Dave Bedard)

Net short position keeps growing in canola

MarketsFarm — The large speculative short position in ICE Futures canola contracts continued to grow during the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had