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CBOT May 2019 corn (candlesticks) compared with May 2019 soybeans (green line). (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, flooding are main focus

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Reading Time: 2 minutes MarketsFarm — This spring’s weather and flooding in the United States have become the main focus for traders at the Chicago Board of Trade (CBOT), said an analyst. “What kind of planting conditions, how much rain, how much flooding, and how cold things are,” listed Steve Georgy, president of Allendale Inc. at McHenry, Ill. The […] Read more
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Reuters

China has not escalated canola seed dispute with Canada, Ottawa says

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Reading Time: < 1 minute Ottawa | Reuters — China has not escalated a dispute with Canada over the export of canola seeds and comments by the Canadian farm minister on the matter have been misunderstood, an agriculture ministry official said on Wednesday. China — embroiled in a major diplomatic dispute with Ottawa — has blocked imports from two major […] Read more
Agriculture Minister Marie-Claude Bibeau, shown here visiting Cigi in Winnipeg on March 13, said a third unnamed canola exporter has run afoul of Chinese customs officials. (Dave Bedard photo)
Canola, Crops, Reuters

Third canola exporter runs into trouble in China

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Reading Time: 2 minutes Ottawa | Reuters –– Chinese authorities have filed a quality complaint against a third Canadian exporter of canola, Canada’s agriculture minister said on Tuesday, potentially deepening a trade and diplomatic dispute between Beijing and Ottawa. Early last month, China cited the discovery of pests as the reason for blocking shipments of canola seed from Richardson […] Read more
International Trade Minister Jim Carr (at podium) and Agriculture Minister Marie-Claude Bibeau announce plans for a technical delegation and stakeholder working group to address China’s import bans on Canadian canola. (AAFC video screengrab via Facebook Live)
Canola, Crops, Markets

Canada to set up working group for China canola push

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Reading Time: 2 minutes Canola industry stakeholders and provincial officials are to join federal officials in a co-ordinated push to resolve China’s issues with Canadian canola, cabinet ministers said Monday. Speaking Monday in Ottawa, Canada’s Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr said they’ve set up a new working group including representatives from the Canola […] Read more
(Photo courtesy BASF SE)
Crops

BASF Ag Solutions to move Canadian head office west

Reading Time: 2 minutes The Canadian arm of BASF Agricultural Solutions plans to relocate its head office to Calgary from Mississauga effective Oct. 1. The crop protection arm of the German chemical company said Wednesday it wants to move the Canadian head office “closer to customers” after closing its deals last year to buy a “range of businesses and […] Read more
(BanksPhotos/iStock/Getty Images)
Crops, Markets, Soybeans

China’s battle against Canadian canola looms over soy

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Reading Time: < 1 minute MarketsFarm — As headlines are transfixed with China’s ongoing dispute with Canada, some are concerned soybeans will receive the same treatment as canola. “We’ll still use quite a few soybeans in this country as it is,” said Dale McManus, a grain broker with Johnston’s Grain at Welwyn, Sask. However, he clarified, “everything you’re watching about […] Read more
ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

ICE: Canola weakens on fresh China concerns

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Reading Time: < 1 minute Chicago | Reuters — ICE Canada canola futures dropped on Tuesday after China, the top buyer, expanded its ban on Canadian canola seed imports. China’s ban now includes shipments from Viterra, the latest development in a wider trade dispute between the two countries. May canola futures ended $5 lower at $451.70 per tonne. The contract […] Read more
(FIle photo by Dave Bedard)
Canola, Crops, Markets, Reuters

China’s ban on Canadian canola expands to Viterra

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Reading Time: 2 minutes Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Monthly Canadian canola crush well below average

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Reading Time: < 1 minute MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over […] Read more

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