Reading Time: 2 minutes Manitoba Agriculture said the provincewide harvest was at eight per cent complete, according to the department’s latest crop report released on Aug. 27.
Manitoba crop report: Harvest advances
Combining underway in Manitoba
Reading Time: 2 minutes The harvesting of fall cereals was well underway in Manitoba, according to the province’s latest crop report released on Aug. 13. Manitoba Agriculture said 39 per cent of the fall rye and 17 per cent of the winter wheat had been combined.
Canadian wheat, canola harvests expand, rebound from dry conditions
Global wheat ending stocks have fallen four years in a row on tough weather conditions
Reading Time: < 1 minute Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a government report showed on Monday.
Richardson to buy Wesson cooking oil brand
Reading Time: 2 minutes A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail […] Read more
ICE weekly outlook: Seasonal uptrend possible for canola
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts trended higher over the past month, but appear to be running into resistance from a chart standpoint. Seasonal price trends, however, should see values continue their uptrend over the next month. The most-active November contract has now traded above the $500 per tonne level for five straight […] Read more
ICE weekly outlook: Canola looks to USDA for direction
Reading Time: 2 minutes CNS Canada — The canola market continues to chop around in its recently-established range of $490-$500 per tonne, but a looming U.S. Department of Agriculture report could change that, according to an industry analyst. “That (USDA supply and demand report) is going to be the driver,” said Keith Ferley of RBC Dominion Securities in Winnipeg. […] Read more
ICE weekly outlook: Canola rangebound, watching harvest
Reading Time: < 1 minute CNS Canada — Canola futures moved steadily higher over the course of the week ended Wednesday, but remain firmly entrenched in a sideways trading range as seasonal harvest pressure continues to limit the upside. “Most of the markets are still just killing time… everybody is just monitoring things to see where they go next,” said […] Read more
ICE weekly outlook: Canola rises, post-report
Reading Time: 2 minutes CNS Canada — It was an eventful week for the ICE Futures Canada canola market as many in the trade were preparing for the release of Statistics Canada’s crop production report on Thursday. While the report is always taken lightly because it relies on month-old data, it still gives participants some sense of how the […] Read more
Harvest woes rally canola, turn some farmers into winners
Reading Time: 2 minutes Winnipeg | Reuters –– As some Western Canada farmers watched rain and snow turn their ripening canola fields into bogs, Rob Stone could count his blessings. Harvest weather was kinder to his farm at Davidson, Sask., about 100 km southeast of Saskatoon, and Stone finished harvesting canola by mid-September. Then, when worries about four million […] Read more
Next StatsCan survey expected to show larger canola, wheat crops
Reading Time: 2 minutes CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent reports. “As the harvest is […] Read more
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