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Canola

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola corrects, but trend still up

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Reading Time: 2 minutes MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial in Winnipeg. While rains during […] Read more
Thirty was OK when canola plant populations were higher than 10 plants per square foot, and basically all the yield came from the main stem. Stands are half that now, and more yield comes from side branches.
Canola, Crops

Don’t cut canola too soon

Swathing at 30 per cent seed colour change is so 1980s. Recent surveys show it’s better to wait until 60 per cent — or later

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Reading Time: 5 minutes In late 2020, the Canola Council of Canada surveyed 1,000 canola farmers from Manitoba, Saskatchewan and Alberta to check in on common practices. One notable finding is that 10 per cent of respondents still target 30 per cent seed colour change on the main stem when swathing canola. Another 26 per cent target 31-50 per […] Read more
Big Canada thistle plants can spell trouble in the combine, especially when there are large patches of them.
Canola, Crops

Fall herbicide application timing in canola

To control perennial weeds in canola, there are benefits to both pre- and post-harvest control options — the deciding factor could be tied to your goals

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Reading Time: 5 minutes Glacier FarmMedia – When deciding between a pre-harvest or post-harvest spray application to control tough perennial weeds, there are always some key considerations for farmers. The extent of the weed problem and harvest timing are important ones, of course, but other factors such as herbicide cost and killing frost also play into the decision. To […] Read more
ICE November 2021 canola (candlesticks) with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: Volatility to come for canola market

'Tighten up your seatbelt'

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Reading Time: < 1 minute MarketsFarm — Record-breaking temperatures in British Columbia, lingering extreme heat in the Prairie provinces and little to no precipitation have strengthened an ongoing rally in the ICE Futures canola market. One trader, however, warns that canola contracts may be in for a mercurial few weeks. “We’re clearly in a weather market that is extremely volatile,” […] Read more
ICE July 2021 canola (candlesticks) with 20-day movjng average (green line), ICE November 2021 canola (yellow line) and CBOT July 2021 soybeans (black line, left column). (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: Weather, carryout support canola

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Reading Time: 2 minutes MarketsFarm — As higher-than-normal temperatures become almost a weekly occurrence in Western Canada amidst tightening carryout stocks, canola seems primed for another extended rally. Despite rains in Western Canada over the past three weeks, providing some relief for canola crops and triggering fund liquidation on the markets, carryout remains very low, with warmer temperatures exacerbating […] Read more
Flea beetles in canola seedlings. (Canola Council of Canada video screengrab via YouTube)
Canola, Crops, Weather

Flea beetles a nuisance for canola crop

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Reading Time: 2 minutes [UPDATED: June 22, 2021] MarketsFarm — Western Canada’s canola crop has been hit hard by hot, dry weather so far this growing season in the midst of ongoing drought conditions — which may also be aiding another threat. *Across the Prairies, flea beetles are an oft-seen pest that feeds on both canola and mustard seedlings, […] Read more

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