Daily Network News

More News →

Canola

ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (black line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Highs might be in for old-crop canola

New crop in 'a very uncertain stage'

By
Reading Time: < 1 minute MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, an independent commodity trader and […] Read more
(Xinzheng/Getty Images)
Canola, Crops, Markets

China lifts block on Canadian grain firms’ canola exports

Canola from Richardson, Viterra again allowed, officials report

By
Reading Time: 2 minutes Officials say China has reinstated market access for two major grain firms whose exports of Canadian canola have been blocked from Chinese ports since 2019. Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau, in a joint statement Wednesday, confirmed the decision by Chinese customs officials allowing Richardson International and Viterra to resume canola […] Read more
Flea beetles in canola seedlings. (Canola Council of Canada video screengrab via YouTube)
Crops, Weather

Eastern Prairies’ wet conditions may curb insect pest risk

Late-seeded crops may germinate more quickly in warmer soils

By
Reading Time: 2 minutes MarketsFarm — If there could be one benefit to the excessive moisture across much of southern Manitoba and the Interlake region, that would be a potentially reduced risk for insect pests, according to John Gavloski, entomologist for Manitoba Agriculture, Food and Resource Development. For example, Gavloski cited flea beetles, which could damage canola. “If [canola] […] Read more
Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)
Crops, Weather

Spring planting well underway in Ontario

By
Reading Time: < 1 minute MarketsFarm — Farmers are well into seeding their crops for 2022, according to Wednesday’s crop report from Ontario’s Ministry of Agriculture, Food and Rural Affairs (OMAFRA). The report noted planting of corn, soybeans and spring cereals started late last week — the exception being where there are heavier soils. OMAFRA projected planting could be 80 […] Read more
Red spring wheat. (File photo)
Crops

Mildew scrapped as grading factor for No. 3 wheats

Grading changes also planned for canola admixture, splits in peas, excreta in mustard

By
Reading Time: 2 minutes The Canadian Grain Commission will change its standard samples for mildew in No. 1 and No. 2 wheats, and drop it as a grading factor for No. 3 wheats, effective this summer. The CGC on Monday laid out a list of changes to its grain grading policies and standards for wheat, canola, peas, beans and […] Read more
Cabbage seedpod weevil. Spraying only the border would mean less collateral damage to its enemies in the rest of the field.
Canola, Crops

Rethinking trap crops in canola

Shatter-resistant varieties may allow the theory to be put into practice

By
Reading Time: 3 minutes It’s the usual tradeoff: the agricultural research community has to balance promising new concepts in pest management against ease of use and efficiency gains for farmers. One such concept, an integrated pest management strategy called “trap cropping,” hasn’t always been an easy sell. The basic concept is that pests are controlled in a lower-value crop […] Read more
(Frankpeters/iStock/Getty Images)
Canola, Crops, Machinery

U.S. EPA proposal likes canola oil for renewable fuel

A final EPA decision is expected this summer, which, if favourable, could add new demand for Canada's premier oilseed

By
Reading Time: 3 minutes Canola has another feather in its cap — one which is expected to put more money in farmers’ pockets. In a ‘proposed decision’ released in April the U.S. Environmental Protection Agency (EPA) recognized canola oil’s value as an environment-friendly alternative to fossil-based fuel — a move that’s expected to add new demand for the crop. […] Read more
ICE July 2022 canola (candlesticks, right column) with 20-day moving average (yellow line) and CME July 2022 crude palm oil (orange line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola books steep rise in prices

By
Reading Time: 2 minutes MarketsFarm — Canola prices, along with other edible oils, received a strong boost on Wednesday due to sharp upticks in Malaysian palm oil values. Canola futures have also received support from a bullish forecast this week from Statistics Canada on planted acres for this spring. Despite the Indonesian government stating Monday its export ban on […] Read more

Latest Market News

More Market News →