The net managed money short position in canola grew for the first time in seven weeks as fund traders put on fresh bearish bets in mid-April, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Fund traders back adding to short positions in canola
Alberta municipalities, farmers agree to cut water use as drought persists
Municipalities and irrigation districts in Alberta have agreed to use less water this summer to combat a severe ongoing drought, the provincial government said on Friday.
ICE canola weekly outlook: Trends shift lower once again
Canola futures broke below major chart support levels in mid-April, with nearby price trends all turning lower as attention in the market turns to the upcoming crop.
Survey offers farmers opportunity to guide seed sector
Online survey next step in debate over who should control what under seed regulations, and how that will affect farmers
Reading Time: 6 minutes Glacier FarmMedia – As farmers enter one of their busiest times, they’re being asked to help shape Canada’s future seed regulations via online survey. The survey (found at the Government of Canada website) closes May 1 and is part of the seed regulatory modernization (SRM) process launched in September 2020 by the Canadian Food Inspection […] Read more
ICE Canada Weekly: Canola looking to S&D report for direction
While the start of the week of Apr. 8 saw canola futures on the Intercontinental Exchange trade in a very narrow range, broker Jamie Wilton of RJ O’Brien in Winnipeg said that could soon change.
How to get the most out of canola crops when moisture is scarce
Is it possible to obtain more yield with less available moisture? You have a number of variables within your control
Reading Time: 4 minutes Trevor Hadwen says recent snowfall in many parts of the Prairies is welcome, but is a “drop in the bucket” when it comes to rebuilding soil moisture reserves. The agroclimate specialist with Agriculture and Agri-Food Canada’s National Agroclimate Information Service in Regina says a lot of the winter precipitation to date has been lost to […] Read more
Mixed outlook on global canola production
Australian canola production is expected to rise in 2024/25, while the European rapeseed crop will likely be smaller on the year, according to updated estimates from the United States Department of Agriculture’s Foreign Agricultural Service.
Net short position in canola continues to shrink
Managed money fund traders continue to chip away at the large net short position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Humalite a made-in-Alberta success story
Research backs claims of increased yield when used with fertilizer
Reading Time: 4 minutes It’s been proven to increase grain yield, seed protein content and nitrogen use efficiency by up to 19, 30 and 60 per cent respectively, and researchers are still finding more uses for it. It’s called humalite, an organic soil amendment found exclusively in large deposits near Sheerness, about 25 kilometres from Hanna. It’s shaping up […] Read more
ICE Weekly: More room to the upside for canola
After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.
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