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Canola

(Dave Bedard photo)
General, Machinery, Markets

Diesel prices expected to trend lower

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Reading Time: < 1 minute MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund traders cover some bearish bets in canola, soybeans

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Reading Time: < 1 minute MarketsFarm — Fund traders were buying back short positions in canola, soybeans and corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). In the wheat market, however, they were on the other side. The net managed money short position in ICE […] Read more
ICE Futures May 2020 canola, with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: In canola, volatility is order of the day, for now

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Reading Time: < 1 minute MarketsFarm — Expect the canola market, along with other grains and oilseeds, to remain volatile for the time being, said David Derwin of PI Financial in Winnipeg. “A lot of the markets right now are extremely erratic because of the coronavirus. I think it’s being blown out of proportion, but it is what it is,” […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Fund traders still bearish on canola

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Reading Time: < 1 minute MarketsFarm — Fund traders remained heavily on the short side in canola futures during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 62,709 contracts (1,100 long/73,809 short), which […] Read more
Short rotations are partly to blame for the emergence of clubroot, which can reduce canola yield to zero.
Canola, Crops

Putting a value on crop diversity

Economists and agronomists are getting together to compare the benefits of short and long rotations

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Reading Time: 3 minutes Have you ever stared at your crop plan and wished that it didn’t rely so heavily on canola? Or wheat? Or peas? Or any crop that is too often called on for cash flow at the expense of proper rotation? Agronomists have been beating the drum of crop diversity for years and farmers understand that […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)
Canola, Crops, Markets, Reuters

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

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Reading Time: 2 minutes Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund traders still bearish on canola

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Reading Time: < 1 minute MarketsFarm — Large fund traders covered short positions in soybeans and corn during the week ended Tuesday, but continued to add to bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […] Read more
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Crops, Markets

Lower grain production predicted from Europe in 2020

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Reading Time: < 1 minute MarketsFarm — European grain production is expected to be down slightly in 2020, according to the first forecast for the year from European trade association Coceral. In the report, released Thursday, Coceral pegged total grain production for the European Union and United Kingdom in 2020 at 302.7 million tonnes, which would be down from the […] Read more
ICE Futures May 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola values stuck in a range

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Reading Time: < 1 minute MarketsFarm — Canola prices came off of the long weekend in the green, but quickly gave back those gains at midweek, remaining stagnant and rangebound. While rail blockades across the country have hampered rail activity and backed up grain shipments, cold weather has slowed down farmer movement for canola. That has insulated canola prices from […] Read more

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