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With his Väderstad Tempo L 24 planter, Edmund Rath from Rolla, B.C., says he gets around 90 per cent canola seed emergence.
Canola, Crops

260,000 canola seeds per acre, placed precisely

With the precision placement of a planter, Edmund Rath achieves 88 to 93 per cent canola seed emergence, a big improvement from the typical 50 to 60 per cent with his air seeder

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Reading Time: 5 minutes When asked for his canola seeding rate, Edmund Rath answers “260,000 seeds per acre.” This is not the usual answer. Five pounds per acre, give or take a pound, is the common response. “After May 15, I cut that down to 240,000,” he adds. Here’s a quick translation: With 43,560 square feet in an acre, […] Read more
(Alfio Manciagli/iStock/Getty Images)
Canola, Crops, Markets

Australian canola production heading downward, but still sizeable

New second-biggest harvest expected, USDA predicts

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Reading Time: 2 minutes MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be […] Read more
(File photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Canola exports turn tiny as Canada running out

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Reading Time: < 1 minute MarketsFarm — There was a tremendous drop in canola exports from Canada during week 34 of the 2021-22 marketing year, according to the Canadian Grain Commission. The commission’s report issued Thursday showed a mere 800 tonnes of canola were shipped overseas. The week before, 128,300 tonnes were outbound. “We’re really getting close to running out,” […] Read more
ICE May 2022 canola (candlesticks, right column) with 20-, 50- and 100-day moving averages (yellow, green and black lines) and NYMEX May 2022 WTI crude oil (grey line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Strong canola market to ‘see both sides of rainbow’

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Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts climbed to their highest levels ever during the week ended Wednesday before running into some profit-taking resistance. Its general uptrend remains intact for the time being, but a downturn is also inevitable. The nearby May canola contract hit a session high of $1,177.80 per tonne on Wednesday, before backing […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC warns of uncertainty in latest crop outlook

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Reading Time: 2 minutes MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion […] Read more
(TDTT/iStock/Getty Images)
Canola, Crops

Oil content of Canada’s canola well below average in 2021

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Reading Time: < 1 minute MarketsFarm — The average oil content of Canada’s canola crop came in well below normal in 2021-22, according to the final quality report for the year from the Canadian Grain Commission (CGC). The average oil content came in at only 41.3 per cent for the year, which compares with 44.1 per cent the previous year […] Read more
ICE May 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola’s contract highs still underpriced

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Reading Time: < 1 minute MarketsFarm — The ICE Futures canola market posted solid gains during the week ended Wednesday, hitting fresh contract highs in many months. The most active May contract hit a session high of $1,143.70 per tonne on Wednesday, but settled off that mark at $1,125.20 per tonne. While canola may be trading in uncharted territory, there […] Read more
ICE May 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Analyst sees sharp declines coming for canola

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Reading Time: 2 minutes MarketsFarm — Sharp increases in canola and other commodities are said to be coming to an end, according to analyst Errol Anderson of ProMarket Communications in Calgary. Concerns stemming from Russia’s invasion of Ukraine have sparked huge gains, but there’s very likely a good amount of volatility ahead. “The market is being really driven by […] Read more

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