Daily Network News

More News →

Tag Archives Canola

(Tkeban Jahannes photo courtesy AtlantaGa.gov via Flickr)
General, Markets

Producer groups lobby for TPP deal in Atlanta

By
Reading Time: 3 minutes Several Canadian grain and livestock commodity groups have representatives in Atlanta this week pressing for federal negotiators to keep Canada in play on the Trans-Pacific Partnership. Trade ministers from the 12 TPP countries — also including the U.S., Mexico, Japan, Australia, New Zealand, Chile, Peru, Vietnam, Malaysia, Singapore and Brunei Darussalam — are meeting in […] Read more
With weak feed demand, oats could be on the verge of becoming a contract crop, Strychar believes. “We’re not a hair’s breadth away from it.”
Cereals, Crops, Oilseeds

Is the renewed interest in oats, barley and flax just a blip?

Acreage may be up in barley, oats and flaxseed, but that doesn’t mean there’s a long-term resurgence of interest in those crops

By
Reading Time: 7 minutes The trend to lower acreages of barley, oats and flaxseed in recent years has largely reflected the increased profitability in alternative grains and oilseeds, and canola in particular. As Western Canada’s darling, canola production crested at nearly 18 million tonnes in 2013, and even more is being called for with the Canola Council of Canada’s […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: More losses in store for canola

By
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with losses in the most active November contract but a slightly firmer tone in the more deferred positions. With harvest pressure only beginning in Western Canada, and the U.S. soy complex looking bearish, the front month will likely keep drifting […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Canola basis levels seen hanging steady

By
Reading Time: 2 minutes CNS Canada — Despite a turbulent start to the week for most commodities due to China’s stock market crash, basis levels for canola remain relatively attractive in Manitoba and much of the Prairies, according to an industry watcher. Canola growers have been receiving cash prices of roughly $10.50 in Manitoba and parts of Saskatchewan, said […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Over-the-border canola crusher gets new owner

By
Reading Time: 2 minutes A major canola crush plant that faced an unclear future just south of the Canada/U.S. border has a new owner in one of the States’ top agribusinesses. Ag co-operative CHS Inc. last week sealed its deal to buy Northstar Agri Industries at Hallock, Minnesota, about 40 km southeast of Manitoba’s main U.S. border crossing at Emerson. The Northstar […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola rises ahead of USDA report

By
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith […] Read more
(Thinkstock photo)
Canola, Markets

More downside possible for canola

By
Reading Time: 2 minutes Commodity News Service Canada — ICE Futures Canada canola contracts moved sharply lower during the week ended July 29, and more downside is possible for the market in coming weeks. “I think we’re going into a period where we’re going to make some pre-harvest lows here,” said Jerry Klassen, manager of the Canadian office for […] Read more
Crops

Crops varied in eastern Sask: CWB tour

By
Reading Time: 2 minutes Carlyle, Sask. — The effect of this years dry weather is becoming increasingly apparent as the CWB crop tour moves into Saskatchewan. Lack of moisture is visible in southwestern Manitoba and southeastern Saskatchewan, the CWB tour found. However, dryness hasn’t been all bad in some areas — participants from the 2014 crop tour recall a […] Read more
Canola, Markets

CWB pegs canola production at 12.18 mln tonnes

By
Reading Time: < 1 minute Commodity news Service Canada — CWB is estimating the Canadian canola crop will produce 12.18 million tonnes in 2015/16 (Aug/Jul), according to a supply and demand table released via the Market Research Services Twitter account on Wednesday. The projection is below a previous estimate from the company of 12.60 to 13.00 million tonnes, which was […] Read more
Crops, Markets, Reuters

Manitoba crops decline moving west: CWB tour

By
Reading Time: < 1 minute Brandon, Man. — As this year’s CWB crop tour moves west through Manitoba, crops have started looking thinner as the area has been drier than in the eastern part of the province.. Canola around Killarney doesn’t look good compared to its eastern Manitoba counterparts. Canola in western Manitoba is still flowering. The later bloom is […] Read more

Latest Market News

More Market News →