Reading Time: < 1 minute The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend.
ICE canola weekly outlook: Rising market hits resistance
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Reading Time: < 1 minute Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Eastern Canadian oilseeds to receive funding
Reading Time: < 1 minute Minister of Agriculture and Agri-Food Lawrence MacAulay has announced funding up to C$4.3 million over five years to the Eastern Canada Oilseed Development Alliance (ECODA).
Bayer to acquire HyTech canola facility
Reading Time: < 1 minute Bayer CropScience Inc. announced on Oct. 3 it will purchase the HyTech canola treating and packaging plant near Coaldale, Alta. with the sale to be made final on Nov. 1.
ICE canola weekly outlook: Running into resistance
Reading Time: < 1 minute The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
Manitoba Crop Report: Heavy rainfalls slow harvest
Reading Time: 2 minutes Manitoba harvest advances to 58 per cent complete, despite rain delays.
China targets Canada’s tariffs with anti-discriminatory probe
Reading Time: < 1 minute Beijing | Reuters – China has launched an anti-discriminatory investigation against restrictive measures taken by Canada including additional tariffs on Chinese electric vehicles, steel and aluminum products, its commerce ministry said on Thursday. This type of investigation usually takes three months to complete but could be extended under special circumstances, the ministry said. Beijing also […] Read more
AAFC ups wheat, canola carryout forecasts
Reading Time: < 1 minute Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.
Canola net short position grows
Reading Time: < 1 minute The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Manitoba harvest passes halfway mark: report
Reading Time: < 1 minute Harvest operations in Manitoba passed the halfway mark during the week ended Sept. 17, with wide ranging yields in the latest provincial crop report.
A message from April Stewart, Country Guide's Associate Editor
