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ICE futures

Canola funds cover shorts, move to net long

CNS Canada — Speculators covered short positions in the ICE Futures canola market during the week ended Tuesday, moving from a net short position to a small net long position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators moved from […] Read more



Wheat research receives funding

Eleven research projects ranging from nitrogen fertilizer use and soil health to drying grain while in storage are receiving $2.2 million from the Saskatchewan Wheat Development Commission and Alberta Wheat. Three of the projects are on fusarium head blight (management, resistance, and post-harvest strategies) while four are either focused on, or have a significant component […] Read more


Little harvest progress made, pasture, soil moisture ratings see improvement

Alberta crop conditions as of October 16, 2018

Overall, minimal harvest progress was achieved this reporting period. Last week the average of Major Crops harvested was 46.7 per cent as compared to this week we are up 3.2 points to 49.9 per cent. Over 95 per cent of peas are in the bin with the exception of Peace Region which has only 66.9 […] Read more



Propane demand for grain dryers surges amidst wet harvest

Use is 2-1/2 times higher than normal as producers struggle to dry their high-moisture grain

This year’s wet harvest is driving up demand for propane needed to run grain dryers. “Normally the propane sector is totally able to meet the demand but this year, the demand is 2-1/2 times what it usually is in the fall,” said Nathalie St-Pierre, president of the Canadian Propane Association. “There’s a lot of pressure […] Read more


U.S. grains: Soybeans down as exports disappoint, weather improves

Chicago | Reuters — U.S. soybean futures fell more than two per cent on Thursday, with the benchmark November contract recording its largest single-day decline since August, on disappointing weekly export sales and improving U.S. harvest weather, analysts said. Corn and wheat followed the weak tone. Chicago Board of Trade November soybeans futures settled down […] Read more






hemp

Cannabis’ cousin hemp entering new age too

CNS Canada — As cannabis basks in the glow of the first day of its legalized recreational sale, its close cousin hemp is coming through its own year of change. Ted Haney, executive director of the Canadian Hemp Trade Alliance, said hemp growers are going through a year in which they are learning how to […] Read more