Daily Network News

More News →

Canola

(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola watching China before harvest

By
Reading Time: 2 minutes CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of Canadian canola. Until that happens, canola may face growing pressure between now and next week. On Sept. 1, China is scheduled to lower the amount […] Read more
(Dave Bedard photo)
Crops

Saskatchewan adds new secretary for farm irrigation

By
Reading Time: < 1 minute A rookie MLA in the Saskatchewan Party caucus has been promoted to a legislative secretary post with responsibility for expansion of the province’s farm irrigation systems. Premier Brad Wall on Tuesday named Warren Kaeding, the MLA for Melville-Saltcoats since April, as legislative secretary to the minister of agriculture, for irrigation expansion. Kaeding was previously a […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. Senate judiciary committee to hold hearing on ag chem deals

By
Reading Time: < 1 minute Washington | Reuters — The U.S. Senate judiciary committee will hold a hearing in late September to discuss the mergers of Dow Chemical and Dupont as well as ChemChina’s purchase of Syngenta, committee chair Charles Grassley said in a statement Tuesday. Grassley, a Republican from the farm state of Iowa, has already expressed concern that […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan’s canola estimates taken with grain of salt

By
Reading Time: 2 minutes CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more
(Syngenta.com)
Crops, Reuters

U.S. watchdog clears ChemChina’s takeover of Syngenta

By
Reading Time: 2 minutes Zurich | Reuters — A U.S. regulator has cleared ChemChina’s US$43 billion takeover of Swiss pesticides and seeds group Syngenta, the companies said Monday, boosting chances that the largest foreign acquisition ever by a Chinese company will go through. The decision should remove significant uncertainty over whether the acquisition of the world’s largest pesticides maker […] Read more
(Tisdale.ca)
Canola, Crops, Reuters

Tisdale drops ‘Land of Rape and Honey’ slogan

By
Reading Time: < 1 minute Reuters — The Saskatchewan town of Tisdale is no longer the “Land of Rape and Honey,” it said on Monday, as it dropped a slogan that had been a constant source of complaints. The slogan referred to rapeseed, also known as canola, a major product of Tisdale and the surrounding region along with honey. But […] Read more
(Dave Bedard photo)
Crops, Markets

Industry bracing for potentially large StatsCan crop estimates

By
Reading Time: 2 minutes CNS Canada — Canadian farmers are sitting on large crops ahead of this year’s harvest, although just how large remains to be seen as industry participants await Statistics Canada’s first survey results of the crop year, set for release on Tuesday. Pre-report trade estimates on canola production range anywhere from 16 million to 20 million […] Read more
This photo was taken the day Ron Krahn was putting up a seventh 24,000-bushel bin. He stores canola in these bins but does not expect the 10-hp fan to do much drying if grain is tough.
Canola, Crops

Is stored canola at bigger risk than ever?

Huge bins, straight combining and delivery contracts for June and July have all potentially increased the storage risk for canola. But the basics for safe storage — eight per cent moisture, 15 C or less and regular monitoring — still apply

By
Reading Time: 4 minutes We don’t really know whether canola in a 25,000-bushel bin stores differently from canola in a 2,000-bushel bin. We don’t know if straight combining reduces or increases canola storage risk. And we don’t know the best way to store canola for 11 months through fall, winter, spring and summer weather changes. Given that many canola […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Traders watch China, production numbers

By
Reading Time: 2 minutes CNS Canada –– Two main factors are dominating the ICE Futures Canada canola market, one analyst says, as prices are poised to meet resistance in the near-term. “The market is looking for some signs of resolution around this Chinese dockage situation, and it just continues to bring a lot of uncertainty,” said Jonathon Driedger, market […] Read more

Latest Market News

More Market News →