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Canola

(File photo by Dave Bedard)
Canola, Crops, Markets

Net long position in canola edging down

Net long increases in Chicago, K.C. wheat

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Reading Time: < 1 minute MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE […] Read more
ICE November 2021 canola (candlesticks) with 20-day moving average (green line) and July 2021 canola (yellow open/high/low/close). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Attention turns to new-crop canola

'Somebody's feet will be held to the fire'

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Reading Time: < 1 minute MarketsFarm — Wide price swings in the nearby ICE Futures July canola contract over the past few weeks have sent most commercial trade into the new-crop November, with direction in the front month hard to predict given recent volatility. “Where (July canola) finally goes off the board, I have no idea, but I wouldn’t be […] Read more
Flea beetle. (Photo courtesy Canola Council of Canada)
Canola, Crops, Weather

Forecast, flea beetles complicate canola timing

Dry conditions make ideal seeding time difficult to peg

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Reading Time: 3 minutes Drought conditions, and the odds of more to come, have some Prairie canola growers pondering when to roll the dice on seeding, if they want to do more than feed the flea beetles. Small-seeded crops, such as canola, have garnered particular concern from agronomists and producers worried about germination, given power dry topsoil across much […] Read more
ICE July 2021 canola (candlesticks) with Bollinger (20,2) bands and November 2021 canola (black line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola’s uptrend intact for now

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Reading Time: < 1 minute MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather uncertainty for the new crop kept speculators on the buy side. While selling was starting to come forward to temper gains in the new-crop months, […] Read more
Once pulled, clubroot-infected plants are best disposed of by burning.
Canola, Crops

Swift removal of infected plants key for clubroot control

You can kill the plant, but the pathogens remain to continue infecting the soil

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Reading Time: 4 minutes A new study shows that even after a plant infected with clubroot has been killed with a herbicide and frozen to ensure all plant cells are dead, the pathogen survives and continues to mature. The study led by Mary Ruth McDonald, a professor of plant agriculture at the University of Guelph, and Agriculture Canada scientist […] Read more
ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (light yellow, dark yellow, dark green lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Challenging crop year ahead for canola

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Reading Time: < 1 minute MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where are prices going to go? In any given year that’s challenging, especially in this year,” said David Derwin, analyst for PI Financial in Winnipeg. “That […] Read more
Kyle Jeworski, Viterra’s CEO for North America, speaks in a December 2020 promotional video announcing the company’s worldwide rebranding. (Viterra video screengrab via YouTube)
Canola, Crops, Markets

Viterra plans major canola crusher for Regina

Expected capacity would make facility largest in world

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Reading Time: 3 minutes Grain handler and processor Viterra is taking its plans to build the world’s biggest canola crusher to its Prairie home town. The North American arm of Rotterdam-based Viterra said Monday it’s in the “feasibility” stage of designing and finalizing plans for what it bills as the “world’s largest integrated canola crush facility” in the northeast […] Read more
Excerpt from a digital rendition of Cargill’s proposed $350 million canola crushing plant proposed for the Regina area. (Image courtesy Cargill)
Canola, Crops, Markets

Cargill to crush canola at Regina

New plant to process up to one million tonnes per year

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Reading Time: 3 minutes The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company announced Thursday it would start construction on the $350 million plant “early next year” and expects to have it operating by early 2024, employing about […] Read more

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