Canola Archives - Page 124 of 248

Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)

Canada takes first step at WTO to challenge China’s canola ban

By David Ljunggren September 6, 2019

Reading Time: 2 minutes Ottawa | Reuters — Canada, locked in a major dispute with Beijing, is taking the first formal step at the World Trade Organization to challenge China’s decision to block Canadian canola exports, Trade Minister Jim Carr said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive last year on a U.S. arrest […] Read more

(File photo courtesy Canola Council of Canada)

Crops, Markets

StatsCan confirms record-large canola ending stocks

By Phil Franz-Warkentin September 6, 2019

Reading Time: 2 minutes MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the previous record set in July […] Read more

Canola, Corn, Crops, Markets

Fund traders add to net short positions in canola, corn

By Phil Franz-Warkentin September 6, 2019

Reading Time: < 1 minute MarketsFarm — Fund traders added to their large net short position in canola 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 canola came in Tuesday at 65,750, an increase of 3,600 contracts from the […] Read more

Dominic Barton. (Video screengrab from McKinsey.com)

Canola, Crops, Reuters

Industry groups hail appointment of new China envoy

By David Ljunggren September 5, 2019

Reading Time: 2 minutes Ottawa | Reuters — Canada has appointed veteran business consultant Dominic Barton as ambassador to China, Prime Minister Justin Trudeau said on Wednesday, as the government grapples with a major diplomatic and trade dispute between the nations. Barton, 56, a Ugandan-born Canadian who stepped down as global managing partner of consulting firm McKinsey and Co. […] Read more

Louis Dreyfus’ grain elevator at Joffre, Alta., northeast of Red Deer. (LDC.com)

Crops

P+H to buy Louis Dreyfus’ Prairie elevators

By Dave Bedard September 5, 2019

Reading Time: 3 minutes Updated — Commodities and agrifood giant Louis Dreyfus Co. is stepping out of the grain handling business it built in Canada with a deal to sell its Prairie elevator network. Louis Dreyfus (LDC) announced Wednesday it has an agreement in place to sell its 10 elevators across Western Canada to Winnipeg grain company Parrish and […] Read more

ICE November 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Count on canola remaining rangebound

By Glen Hallick - MarketsFarm September 4, 2019

Reading Time: < 1 minute MarketsFarm — Despite three reports to be released between now and Thursday next week, canola is very likely to remain rangebound along with other oilseeds, said David Derwin of PI Financial in Winnipeg. Statistics Canada on Friday will release its report for grain stocks as of July 31; then the federal agency issues its satellite-survey […] Read more

Canola, Corn, Crops, Markets, Soybeans

Short position steady in canola, growing in corn

By Phil Franz-Warkentin September 3, 2019

Reading Time: < 1 minute MarketsFarm — Fund traders were content to sit on their large net short position in canola during the week ended Aug. 27, 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 62,104 on Aug. […] Read more

Canola, Crops, Markets

ICE weekly outlook: Rangebound canola looks for bounce

By Phil Franz-Warkentin August 28, 2019

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday but remain rangebound overall, as market participants continued to await a clearer picture on the size of the 2019 crop. “The overall grain and oilseed complex still feels heavily weighted, but I’m hoping for at least a short-term bounce,” said Mike Jubinville […] Read more

Crops

StatsCan confirms smaller canola crop

By Phil Franz-Warkentin August 28, 2019

Reading Time: 2 minutes MarketsFarm — Statistics Canada’s first production estimates for the 2019-20 crop, released Wednesday, were generally in line with expectations, although upward revisions are likely in subsequent reports. The agency’s production of principal field crops report was “bang on with expectations across the board,” according to Ken Ball of PI Financial in Winnipeg. While both the […] Read more

Crops, Machinery

Manitoba Tories pledge to pump up biofuel content

By GFM Staff August 27, 2019

Reading Time: 2 minutes Manitoba’s incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province’s farmers. The party noted its biofuel promise […] Read more

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

Canola