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Canola

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
ICE November 2021 canola (candlesticks) with Bollinger bands (20,2) and July 2021 canola (yellow open/high/low/close). (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: Canola market pits weather against supplies

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Reading Time: 2 minutes MarketsFarm — As dry conditions remained prevalent across the Canadian Prairies and U.S. northern Plains, despite recent precipitation, the markets were in a struggle between the weather and tightening supplies, according to Winnipeg analyst Wayne Palmer of Exceed Grain. So far for the week of June 7, central and northern Alberta received rain, followed by […] Read more
The major risk factor for sclerotinia in your canola fields will always be moisture.
Canola, Crops

Capturing spores in the fight against sclerotinia

You don’t need to guess at sclerotinia infection potential in your canola crop — three tests are available

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Reading Time: 5 minutes Sclerotinia stem rot is the most yield-damaging canola disease in Western Canada, yet payback on fungicide hinges on a “yes” to these three questions: Is canopy moisture through flowering sufficient for high levels of infection? Is yield potential high enough to provide a return? Are the spores present?  The answer to question one depends on […] Read more
ICE November 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT December 2021 soyoil (green line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Swings ahead for canola

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Reading Time: < 1 minute MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the […] 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

Ceres plans southern Saskatchewan canola crush plant

U.S. firm to build plant at border grain terminal

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Reading Time: 3 minutes U.S. ag commodities firm Ceres Global Ag, which in recent years has built up a Prairie grain and oilseed origination hub near the North Dakota border in southeastern Saskatchewan, now plans to crush canola there also. The Minneapolis company said Tuesday it plans to spend US$350 million to build an integrated crush plant with capacity […] Read more

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