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Canola

(Dave Bedard photo)
Canola, Crops, Markets

Bearish bets decline in canola

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Reading Time: < 1 minute MarketsFarm — While speculators were increasing bearish bets for Chicago soybeans and corn during the week ended Tuesday, canola traders were taking back some of their large net short positions. 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 […] Read more
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Canola, Crops, Markets, Reuters

Shut out of China, Canada finds canola buyers in drought-damaged Europe

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Reading Time: 3 minutes Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down […] Read more
ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola trade’s eyes on StatsCan report

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Reading Time: < 1 minute MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if […] Read more
(Elenaphotos/iStock/Getty Images)
Canola, Crops, Markets, Spring Wheat

Canada boosts 2019-20 wheat production estimate

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Reading Time: < 1 minute MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more
(File photo courtesy Canola Council of Canada)
Canola, Crops

Appeal court overturns ruling against canola ‘streaming’ contracts

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Reading Time: 4 minutes A southeastern Saskatchewan farmer and canola company Input Capital are going back to court now that a ruling last year, which ripped the company’s “streaming” contracts with the farmer as “unconscionable,” has been overturned on appeal. The Saskatchewan Court of Appeal, in a ruling issued Friday, set aside a 2018 Court of Queen’s Bench “finding […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds cover canola short positions

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Reading Time: < 1 minute MarketsFarm — Fund traders covered some of 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 66,293, a decrease of roughly 3,000 contracts […] Read more
(Photo courtesy Canola Council of Canada)
Crops

Grain growers get extension on 2018 APP repayment

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Reading Time: 2 minutes Grain, oilseed and pulse crop growers who took out cash advances from the Advance Payments Program for the 2018-19 crop year will get an extra six months to repay, effective Friday. Federal Agriculture Minister Marie-Claude Bibeau on Thursday announced a six-month stay of default for APP advances on grains, oilseeds and pulses, to March 31, […] Read more
ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola watching pre-harvest weather

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Reading Time: < 1 minute MarketsFarm — ICE canola futures held rangebound during the week ended Wednesday, with uncertainty over new-crop production likely to keep some caution in the market over the next few weeks. “Canola is very attractively priced right now,” said Ken Ball of PI Financial in Winnipeg, noting crush margins have improved significantly in recent weeks to […] Read more
PAMI research shows that simply adding more horsepower may not be sufficient to push air through deeper piles of grain.
Crops

Keeping your stored grain cool and dry

With increased storage depth comes increased risk. Are we moving enough air through today’s larger grain bins?

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Reading Time: 5 minutes For anyone visiting the rural Prairies for the first time in a few years, one of the first things they might notice is that those are not their dad’s grain bins — 20,000- to 50,000-bushel bins are now a common sight. But bigger bins mean bigger challenges in managing moisture, and bigger losses if things […] Read more

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