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Federal Conservative leader Andrew Scheer campaigns in Langley, B.C. on Oct. 11, 2019. (Photo: Reuters/Carlos Osorio)
Livestock

Federal Tories pledge to postpone new livestock transport rules

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Reading Time: 3 minutes A federal Conservative government would postpone major amendments to animal health regulations dealing with livestock transport, otherwise due to come into effect in February next year. Andrew Scheer’s Conservatives on Friday released a platform promising a number of regulatory changes of interest to grain and livestock producers ahead of the federal election on Oct. 21. […] Read more
ICE Futures November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: More than weather behind canola uptrend

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Reading Time: < 1 minute MarketsFarm — Canola’s sharp rise over the last week can be attributed not only to poor weather on the Prairies, but to other factors as well, according to MarketsFarm Pro analyst Mike Jubinville. For seven straight trading sessions, canola bids have climbed, from $445.60 per tonne at the close of trading on Sept. 27 to […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Louis Dreyfus expects tough year on trade war, swine fever

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Reading Time: 2 minutes Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Funds hold steady in canola

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Reading Time: < 1 minute MarketsFarm — Fund traders in the U.S. were busy covering short positions and putting on fresh longs in the soybean and corn markets during the week ended Oct. 1. Meanwhile, the net fund short position in canola held relatively steady, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading […] Read more
File photo of a snow-topped field in Alberta. (Don White/iStock/Getty Images)
Crops, Weather

Snow, cold grind Alberta harvest to virtual standstill

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Reading Time: 2 minutes MarketsFarm — Last weekend’s dump of snow coupled with cold temperatures brought the Alberta harvest to a complete halt, according to the province’s latest crop report. For the week ended Oct. 1, the province-wide harvest managed to improve to 33.7 per cent from 28.1 per cent the previous week. This year’s pace was slightly above […] Read more
(PortOfThunderBay.com)
Canola, Crops

Canola shipments boost Thunder Bay port activity

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Reading Time: < 1 minute MarketsFarm — Cargo movement through the Port of Thunder Bay is running ahead of the previous year’s pace, with some of the extra movement tied to increased canola exports to Europe, according to the latest data from the port authority. Total cargo movement in September of 1.1 million tonnes compares with the 919,386 tonnes reported […] Read more
ICE Futures November 2019 canola, with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: Upside limited for canola’s snow boost

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Reading Time: < 1 minute MarketsFarm — An unwelcomed early winter storm sent ICE Futures canola contracts higher during the week ended Wednesday, but it will take outside support to sustain a rally, according to industry participants. Snow in Alberta and Saskatchewan and cool and wet conditions in Manitoba slowed harvest operations during the week, with about 60 per cent […] Read more
Alberta snow further delays canola harvest, boosts prices
Canola, Crops, Weather

Alberta snow further delays canola harvest, boosts prices

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Reading Time: < 1 minute MarketsFarm — Canola futures finished up at Monday’s close, boosted by a weather premium after a low-pressure system brought considerable snowfall to parts of Alberta over the weekend. Snow was mostly concentrated in the southern region of the province. Calgary and surrounding areas received around 30 centimetres of snow, according to preliminary results from Environment […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds cover some shorts in grains, oilseeds

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Reading Time: < 1 minute MarketsFarm — The net fund short position in canola was reduced slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Speculators also bought back some of their bearish bets in soybeans and corn, the CoT report noted. The net managed money […] Read more

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