Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be due for further declines as outside market influences remain bearish. “There are no bullish factors in the market at all,” said Wayne Palmer, senior market analyst with Agri-Trend Canada, adding “we’re going lower, before we’re going […] Read more

ICE weekly outlook: Canola under pressure

EU chemical agency says glyphosate not carcinogenic
Reading Time: 2 minutes Helsinki | Reuters — Glyphosate, the key ingredient in Monsanto’s Roundup herbicide, should not be classified as a substance causing cancer, the European Chemical Agency concluded on Wednesday, potentially paving the way for its licence renewal in the EU. A transatlantic row over possible risks to human health has prompted investigations by congressional committees in […] Read more

Bayer, Monsanto start asset sale toward merger clearance
Reading Time: 2 minutes Frankfurt | Reuters — German drug and crop chemical maker Bayer and U.S. seeds company Monsanto are launching asset sales worth roughly US$2.5 billion as they seek regulatory clearance for their US$66 billion merger, people close to the matter said. To kick off an auction process, Bayer’s advisors will send out information packages next week […] Read more

Sideways canola futures well above chart support
Reading Time: < 1 minute CNS Canada — Canola remains stuck in a sideways trading range well above major chart support, despite losses in the U.S. soy complex. The May soybean contract at the Chicago Board of Trade fell sharply below the 200-day moving average of US$10.20 per bushel on Thursday, as that market had a bearish reaction to the […] Read more

Step one: Identify your weed enemy
Step two: Identify the best means to combat it. Here are some ways to help determine the treatments for weeds, insects and diseases
Reading Time: 4 minutes Is that cow cockle or cocklebur? It’s easy to tell when it’s grown so much that it’s already cost you yield, but not so easy when it’s first popping out of the ground. And once you know for sure, what are your control options? Insect control is even trickier. Is that critter eating my crop, […] Read more

ICE weekly outlook: Canola falls on week, outlook bullish
Reading Time: < 1 minute CNS Canada –– Canola declined on the week with near-term pressure, but looking to the spring, the market may tighten as crops of seasons past haunt upcoming production. Since last week, canola lost $5.70 per tonne in the May contract, closing at $527.20 on Wednesday. The canola market declined with influence from Chicago Board of […] Read more

U.S. Commerce chief sees no major NAFTA talks until later this year
Reading Time: 2 minutes Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners Mexico and […] Read more

Ag groups tout potential of trade pact with China
Reading Time: 3 minutes Canadian ag commodity groups expect to make a case for freer trade with China during consultations now underway alongside Ottawa’s talks on a possible free trade deal with Beijing. Federal Trade Minister Francois-Philippe Champagne on Friday announced public consultations, running until June 2, following last September’s announcement of “exploratory discussions” on a free trade agreement […] Read more

Manitoba storm may cause more than travel delays
Reading Time: 2 minutes CNS Canada –– Road closures across most of western Manitoba due to a late-winter storm are likely only the start of the headaches to come, as flooding and/or late seeding may be a reality in many areas this spring. Meteorologist Drew Lerner of World Weather Inc. in Kansas City said he was optimistic on moisture […] Read more

White House still weighing U.S. biofuels program change
Reading Time: 2 minutes Washington | Reuters — The Trump administration is reviewing the possibility of a key change to U.S. biofuels policy requested by oil refiners and Carl Icahn, the billionaire investor and special advisor on regulations to President Donald Trump, a White House official said Monday. The administration has no position “either way on this issue at […] Read more