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Canola

(FIle photo by Dave Bedard)
Canola, Crops, Markets, Reuters

China’s ban on Canadian canola expands to Viterra

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Reading Time: 2 minutes Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Canola fund short position continues to grow

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Reading Time: < 1 minute MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more
ICE May 2019 canola futures, with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

Trudeau optimistic about making progress to end China canola ban

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Reading Time: 2 minutes Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry group said Chinese importers had […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Monthly Canadian canola crush well below average

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Reading Time: < 1 minute MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over […] Read more
Canola Council of Canada president Jim Everson says China’s block on Canadian canola has now expanded beyond just shipments from Richardson International. (Co-operator file photo by Allan Dawson)
Canola, Crops, Markets

China stops buying Canadian canola

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Reading Time: 2 minutes China has stopped buying any Canadian canola, says Canola Council of Canada president Jim Everson. “The Chinese are unwilling to purchase Canadian canola (from any company) at this time,” he said Thursday. “Trade that was executed earlier is continuing. New sales are what appears to be affected.” Earlier this month China blocked canola imports from […] Read more
ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little to sustain canola bids in bear market

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Reading Time: < 1 minute MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s […] Read more
Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

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Reading Time: 4 minutes Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
(Dave Bedard photo)
Crops, Reuters

Second U.S. jury finds Bayer’s Roundup caused cancer

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Reading Time: 3 minutes Reuters — A U.S. jury on Tuesday found Bayer’s glyphosate-based Roundup herbicide caused cancer, a blow to the company eight months after another jury issued a US$289 million verdict over similar claims in a different case. Tuesday’s unanimous jury decision in San Francisco federal court, which came after five days of deliberation, was not a […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Fund short position climbs in canola

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Reading Time: < 1 minute MarketsFarm — Fund traders were active in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net […] Read more
Guillaume Dallaire checking on hemp grain at the bins.
Guide Business

The gluten advantage

With $1 million on the line, this Quebec farm is betting big money on small markets

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Reading Time: 4 minutes It’s a two-hour drive straight north from Quebec City to get to Tournevent’s Farm, owned by Guillaume Dallaire and Audrey Bouchard at Hébertville in Lac Saint-Jean near Saguenay. At this time of year, it can be a cold trip, but even in the summer when Country Guide first visited, it can feel a long way […] Read more

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