Canola Archives - Page 74 of 248

Alberta cereal crops lead the way in terms of favourable development in the latest provincial crop report. Photo: File

Crop conditions in Alberta see remarkable turnaround

By Glen Hallick - MarketsFarm June 30, 2022

Reading Time: < 1 minute MarketsFarm – As the heydays of summer approach, Alberta reported that its crops were in good shape. The crop report placed all crops in the province at 75 per cent good to excellent, slightly above the five-year average. The rains throughout June were credited with the turnaround, but overall growth and development remained somewhat behind […] Read more

Crops, Markets

Wet weather affecting acreage numbers: analysts

By Adam Peleshaty - MarketsFarm June 30, 2022

Reading Time: 3 minutes MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more

“The old highs are the old highs. We’re not going back there,” says Errol Anderson of ProMarket Communications. Photo: File

Canola, Markets

ICE weekly outlook: The larger picture behind drop in canola

By Glen Hallick - MarketsFarm June 30, 2022

Reading Time: < 1 minute MarketsFarm – While the declines in canola prices can be partially attributed to the lack of major weather concerns on the Canadian Prairies and the early development of this year’s crop, an analyst said the main reason is on a grander scale. “The major one is the overall drop in the commodity world. For instance, […] Read more

Severe weather in the form of heavy rains and large hail hit some areas in rural Manitoba. Photo: iStock/Getty Images Plus

Crops, Weather

Extreme weather in Manitoba slows planting progress

By Adam Peleshaty - MarketsFarm June 29, 2022

Reading Time: 2 minutes MarketsFarm – Little progress was made in planting whatever acres remained in Manitoba as extreme weather made its way through the province for the week ended June 26. Provincial seeding progress sat at 93 per cent at a time of year when plantings would be complete, according to the Manitoba Crop Report released on June […] Read more

A view of Ceres Global Ag’s Northgate, Sask. facility as seen from its fertilizer shed in 2018. (Grainews photo by Lisa Guenther)

Canola, Crops, Markets

Ceres pulls plans for Saskatchewan canola crush plant

U.S. company suspends project citing higher-than-projected costs

By Dave Bedard June 27, 2022

Reading Time: 2 minutes U.S. ag commodities firm Ceres Global Ag’s plans for a canola crush plant in southeastern Saskatchewan are now on indefinite hold. Minneapolis-based Ceres said Friday it’s suspending the crush project it announced in May last year and will terminate a related equipment design and supply contract, so as to reduce “project-related contract liabilities.” The proposed […] Read more

Markets

Speculators bail out of long positions in canola

By Phil Franz-Warkentin June 24, 2022

Reading Time: < 1 minute MarketsFarm – Speculators continued to bail out of long positions in the ICE Futures canola market during the week ended June 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 25,117 […] Read more

Crops

Alberta crops improve with rain

By Glen Hallick - MarketsFarm June 24, 2022

Reading Time: < 1 minute MarketsFarm – Drought conditions that devastated crops in Alberta last year and were poised to do the same this year are becoming something in the past, according to the province’s latest crop report. Recent rainfall has been wiping out any notion of drought in 2022 as soil moisture conditions continued to improve across the province. […] Read more

Crops, Markets

Saskatchewan Crop Report: Rain falls on most of the province

By Adam Peleshaty - MarketsFarm June 23, 2022

Reading Time: < 1 minute MarketsFarm – Rain fell on all growing regions of Saskatchewan during the week ended June 20 improving growing conditions, according to the province’s weekly crop report released on June 23. Most areas received at least 20 millimetres of rain during the week, with the communities of Prince Albert, Nipawin, Spiritwood and Kindersley all getting more […] Read more

ICE November 2022 new-crop canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Falling canola futures snowballing lower

By Phil Franz-Warkentin June 23, 2022

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts fell hard during the week ended Wednesday, with little indication of how much more room to the downside there could be. “Once the snowball starts rolling, it just rolls,” analyst Mike Jubinville of MarketsFarm said, adding there were no dynamic changes to the generally supportive canola fundamentals — but […] Read more

Crops, Weather

Manitoba Crop Report: Plantings advance, crops threatened by weeds, insects

By Adam Peleshaty June 22, 2022

Reading Time: 2 minutes MarketsFarm – Seeding continues to advance in Manitoba, but recent rains have also hindered progress and emergent crops are being threatened by weeds and insects. Plantings in the province are 91 per cent complete as of June 21, four points higher than the previous week according to Manitoba’s weekly crop report. Typically, the third week […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Canola