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Canola

(Natt Boonyatecha/iStock/Getty Images)
Crops, Reuters

U.S. biodiesel industry struggles without subsidy

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Reading Time: 2 minutes New York | Reuters — When John Whittington shut his Indiana biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice. A $1-per-gallon subsidy that had been propping up the industry since 2005 […] Read more
Unharvested canola under snow in October 2016. (Lisa Guenther photo)
Canola, Crops, Reuters, Weather

Millions of acres of canola freeze, compound ‘harvest from hell’

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Reading Time: 2 minutes Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund traders hold steady in canola

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Reading Time: < 1 minute MarketsFarm — Commodity fund traders are maintaining a steady short position in ICE Futures 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 at 53,576 contracts on Tuesday, steady with the previous week. Open […] Read more
ICE January 2020 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Steady canola market stuck in rut

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Reading Time: < 1 minute MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices […] Read more
Photo: File
Cereals, Crops, Weather

Alberta harvest likely finished for 2019 in some regions

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Reading Time: 2 minutes MarketsFarm – Alberta farmers managed to make some progress despite trying conditions of cold temperatures mixed with snow and rain, including some hail, according to the province’s latest weekly crop report. For the week ended Nov. 5, approximately 88.0 per cent of all Alberta crops were in the bin. That’s up from 80.9 per cent […] Read more
Photo: Thinkstock
Canola, Crops, Markets

Fund traders increase canola short position

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Reading Time: < 1 minute MarketsFarm – Commodity fund traders added to their net short positions in canola and corn over the past week, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money traders were also on the sell side in soybeans, reducing their net long position in […] Read more
An unharvested crop lies under a blanket of snow near Somerset, Man., the weekend of Nov. 2, 2019. Photo: Alexis Stockford
Crops, Weather

Difficult Manitoba harvest nearing its end

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Reading Time: 2 minutes MarketsFarm – In the latest and last weekly crop report for 2019 from Manitoba Agriculture, issued Nov. 5, the overall harvest reached 89 per cent complete province-wide However, it has continued to be a very tough slog for farmers as they contend with muddy fields, in which equipment has left deep ruts. In some areas, […] Read more
Photo: iStock/Getty Images
Canola

Alberta Canola Producers sees director races in Regions 4 and 7

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Reading Time: < 1 minute There will be elections in two of the Alberta Canola Producers Commission’s (ACPC) 12 regions, according to a statement from the commission. In Region 4, incumbent John Mayko of Mundare will square off against challenger Kyle Tarkowski of Myrnam. The candidates will speak at the regional meeting in Vegreville on Nov. 20. In Region 7, […] Read more
Photo: File
Canola, Corn, Markets

Bearish fund traders add to shorts in canola and corn

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Reading Time: < 1 minute MarketsFarm – Commodity fund traders added to their net short positions in canola and corn, while they maintained a steady position in soybeans, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC) as of Nov. 1. The net managed money short position in ICE Futures […] Read more

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