Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola futures advanced on the week and are likely to keep near-term support, one analyst says, as traders mull over the question: Just how much canola is out there? “There’s still a lot of uncertainty about canola numbers; we’re still not certain about how big the last crop was; […] Read more
ICE weekly outlook: Uncertainty to underpin canola in short term
Parched soils threaten canola, spring wheat
Reading Time: 2 minutes Winnipeg | Reuters — Canada’s western farm belt, dogged by excessive rain in some areas this spring, is now facing parched conditions in others, threatening wheat and canola crops, crop analysts say. A large area of southern Saskatchewan and southwestern Manitoba has received less than 40 per cent of normal precipitation during the 30-day period […] Read more
Visible canola stocks tightest in nearly three years
Reading Time: < 1 minute CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted the previous week and represent […] Read more
ICE weekly outlook: More losses likely for bearish canola
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be headed even lower, as bearish technicals and weakness in global economic markets outweigh supportive fundamentals. “We’re going into a seasonally slower demand period,” said Errol Anderson of ProMarket Communications. A downgrade of China’s credit by Moody’s […] Read more
Are you ready to scout for and control flea beetles?
Flea beetles move fast and do a lot of damage. Be sure to keep ahead of them in your canola crops
Reading Time: 3 minutes Flea beetles are easily the most chronically damaging insect pest in western Canadian canola. Damage results in yield losses estimated at $300 million each year. To limit damage, experts recommend acting early when an average level of defoliation level of 25 per cent or more is reached. Early action necessary According to Greg Sekulic, an […] Read more
Conagra to sell Wesson oil brand to Smucker
Reading Time: < 1 minute Reuters — Packaged food maker Conagra Brands said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J.M. Smucker Co. for about US$285 million. Conagra will continue to manufacture products sold under the Wesson brand for up to one year following the close, after which Wesson will be merged into […] Read more
Four canola diseases to watch for
Be ready to recognize these major diseases in your canola crop this summer
Reading Time: 6 minutes Is that canola crop afflicted by blackleg, root rot, both, or something else entirely? It’s a messy question farmers and agronomists encounter every year. Presenters tried to untangle those problems at CanoLAB in Vermilion this winter. Here are four diseases to watch for in canola fields this summer, and tips on diagnosing them. 1. Blackleg […] Read more
ICE weekly outlook: Weather issues, tight stocks lift canola
Reading Time: 2 minutes CNS Canada –– The ICE Futures Canada canola market lost ground during the week ended Wednesday, pushed down by losses in the U.S. soy complex. A corruption scandal in Brazil sparked a steep selloff in soybeans during last Thursday’s session, which affected oilseeds around the world, including canola. Canola’s dominant July contract lost $4 during […] Read more
Deadline extended for comment on cash ticket deferral
Reading Time: 2 minutes Public consultations on the income tax treatment of deferred grain cash tickets, with an eye toward “potential elimination” of farmers’ option to defer grain income, have been extended by two months. The federal government on Tuesday said the consultation, first announced in Finance Minister Bill Morneau’s March budget and due to end Wednesday, will instead […] Read more
Take time to judge frost damage on canola
Reading Time: 2 minutes After temperatures Thursday dropped as low as -5 C in parts of Manitoba and Saskatchewan, growers who’ve already seeded may be wondering whether emerging canola plants have survived. It’s best not to write off those seedlings right away, according to the Canola Council of Canada in a Canola Watch newsletter on Friday. It can take […] Read more
A message from April Stewart, Country Guide's Associate Editor
