Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in a month earlier this week, but appear to have found some support from a chart standpoint. Solid demand on the one hand is being countered by large supplies on the other. “The demand component is powerfully strong,” said Mike Jubinville of […] Read more
ICE weekly outlook: Big canola supply counters big demand
Dealing with a flush of clubs
Clubroot specialists across the Prairies are sharing how to slow the disease’s spread, and how to keep it down when it does arrive
Reading Time: 4 minutes It turns out 200 kilometres of forest is not an impenetrable barrier for clubroot. Canola growers in the Peace River region had crossed their fingers, but knew deep down it couldn’t hold. “Most growers knew we weren’t living in a bubble up here,” says Gregory Sekulic, Canola Council of Canada agronomy specialist for the region. […] Read more
Six management steps to help prevent clubroot
Reading Time: 2 minutes The first step in managing clubroot is to minimize the chance of introducing clubroot to the farm in the first place. Make sure equipment and vehicles entering fields are clean. All people entering a field should have disinfected rubber boots or wear disposable booties over their footwear. All seed (not just canola) should be cleaned […] Read more
ICE weekly outlook: Canola futures wait on report
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. 6. The report is usually […] Read more
Speculative buying sees canola prices firm up
Reading Time: 2 minutes Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more
Grain marketing shifting to a digital focus
Reading Time: 2 minutes Winnipeg | CNS Canada – The future of grain marketing includes access to a larger market for producers online, according to Lyle Ehrmantraut. “You have to be able to see the deals to make the best decisions. So without all the deals in front of you in a centralized system I don’t know how it’s […] Read more
Chinese protein preference becoming big obstacle for canola
Reading Time: 2 minutes Winnipeg | CNS Canada — As China’s consumption of higher-protein foods continues to grow, so too does its selectiveness for which oilseeds it will pursue on the open market. So far, it’s a race canola does not seem to be winning. “The big demand factor in China is protein, rather than vegetable oil,” said Felix […] Read more
ICE weekly outlook: Canola looks to soyoil wildcard
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola bounced around within a rather wide range over the course of the week ended Wednesday, but could head higher if it gets help from U.S. soyoil. “The wildcard here is the (soy)bean oil market,” said Ken Ball of PI Financial in Winnipeg. While Chicago Board of Trade soyoil […] Read more
China’s Cofco seeks larger Canadian canola volumes
Reading Time: < 1 minute Winnipeg | Reuters — State-owned Chinese agribusiness Cofco Corp. looks to buy 2.5 million tonnes of Canada’s canola crop next year, a boost of more than one-third over its expected purchases this year as its Canadian office gets established, said the company’s global head of softseeds on Wednesday. Cofco opened its Canadian trading office in […] Read more
Record weekly canola exports reported
Reading Time: < 1 minute Winnipeg | CNS Canada – Canada exported the most canola in a single week ever during the week ended November 5, according to the latest Canadian Grain Commission report. The CGC pegged weekly canola exports at 470,200 tonnes of canola during the reporting period. That compares with average weekly exports over the past year of […] Read more
A message from April Stewart, Country Guide's Associate Editor
