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Canola

(CanolaWatch.org)
Crops, Weather

Little critters causing big problems for Alberta crops

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Reading Time: 2 minutes CNS Canada — They may look cute and harmless, but gophers have been wreaking havoc on crops across Alberta. Gophers have been reported causing problems in southern, central and northeastern Alberta for canola crops and pastures, according to the provincial Crop Report. “It’s been dry again this year and that triggered them; it’s been quite […] Read more
November 2016 canola as of June 21, 2016. Chart includes 100-day (red) and 200-day (green) moving averages. (Barchart.com)
Canola, Crops, Markets

Canola charts turn bearish

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Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts have crashed hard the past few days, losing roughly $40 per tonne since hitting some of their highest levels of the past year the previous week, as speculators bailed out of long positions. The most active November contract settled at $493.60 per tonne on Tuesday, its weakest […] Read more
Market opportunities range from five million tonnes per year of pulses to shipments of maple syrup, says Canadian counsellor Parthi Muthukumarasamy. “Canola oil could carve itself an incredible market share in India.”
Guide Business, Hogs, Pulses

Feeding the Indian tiger

Move over China. Food sales to India are set to roar

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Reading Time: 5 minutes “The Indians are crazy for red lentils… potential sales are incredible,” says Lance Walker, head of Lazer Enterprises Inc. in Borden, Sask. Walker was working in a trade show booth as he told me this, one of the representatives of the 23 Canadian businesses that were participating at the 31st Aahar Food Hospitality Trade Fair […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Saudi Arabia boosts stake in G3 Canada

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Reading Time: 2 minutes Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more
Campbell, which recently rolled out several Star Wars-themed products such as these Darth Vader-shaped SpaghettiOs, plans to label all its U.S. products for presence of GMO ingredients. (Campbells.com)
Crops

MP calls for mandatory GMO labels, echoes Vermont regulations

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Reading Time: 3 minutes CNS Canada — A Quebec MP has tabled a new bill calling for mandatory labelling of genetically modified (GM) foods, following steps taken by lawmakers south of the border. Pierre-Luc Dusseault, the New Democrat MP for Sherbrooke, introduced Bill C-291 Tuesday morning, calling for the mandatory labelling of genetically engineered (GE) foods in Canada. Dusseault […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola establishes range

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Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola suffered small losses during the week ended Wednesday, with both the July and November contracts chopping around the $520 per tonne mark. Losses in the Chicago Board of Trade (CBOT) soy complex weighed on canola. However, it lagged the U.S. market while receiving support from declines in the […] Read more
(Government of Alberta via Flickr)
Crops

Alberta sacks AFSC board over top brass’ expenses

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Reading Time: 2 minutes Alberta’s government has dismissed the board of its farm financing and crop insurance agency following an internal probe into “expense and procurement practices” for senior executives. Three unnamed senior executives at Agriculture Financial Services Corp. (AFSC) have also been “relieved from active duty,” the province said in a release Monday. The province on Monday named […] Read more
(Bayer.com)
Crops, Reuters

Bayer ex-CEO reportedly opposed Monsanto deal

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Reading Time: < 1 minute Frankfurt | Reuters — Bayer ex-chief executive Marijn Dekkers opposed the company’s plans for a US$62 billion takeover of U.S. seeds firm Monsanto, German magazine Der Spiegel reported. Dekkers warned Bayer non-executive board chairman Werner Wenning against going ahead with the offer, Der Spiegel said in an excerpt of an article to be published on […] Read more

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