Reading Time: 3 minutes Glacier FarmMedia – Canada is facing stiff competition from Australia in many canola export markets. “They’re here to stay,” said Jarrett Beatty, an exporter with Parrish & Heimbecker, during the Canola Council of Canada’s Canola Utilization Forum earlier this year. “Unless they have an environmental issue, they’re going to continue to be a bit of […] Read more
Australian canola a ‘thorn in our side’
The country has become a major competitive threat to Canada's canola sector, helping reduce exports to most markets
What pathogen tests should you use for canola?
Reading Time: < 1 minute The Canola Council of Canada encourages farmers to use soil testing for the presence of clubroot DNA, stubble tests for blackleg and verticillium stripe, and additional tests for the presence of sclerotinia stem rot spores. These tests have proven reliable. While these are the major canola pathogens, they are a small sample of the organisms […] Read more
ICE Canada Weekly: Canola set to rise, but not a sure thing
After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.
Large fund short position shrinking in canola
Managed money fund traders continued to chip away at their large net short position in canola in mid-March, covering more of their large bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Whether warm or cold, know your bin inside-out
Grain storage experts say a winter with irregular highs and chilling lows brings challenges
Reading Time: 3 minutes A warm winter, interrupted by at least one deep freeze, presents challenges for crop storage so diligence is required, said a crops market analyst with the Alberta government. Aerate and turn stored crops while monitoring grain bin moisture and temperature, especially when outside temperatures fluctuate, wrote Neil Blue in a recent news release. “Several cases […] Read more
ICE Weekly: Canola hitting highest levels since January
Nearly seven months of price pressures and fund selling creating a lengthy downturn have given way to canola trending higher for the first time in 2024.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
Economic headwinds seen for Canadian farmers
From interest rates to the dollar to commodity prices, here’s what Farm Credit Canada sees coming
Reading Time: 3 minutes Farm Credit Canada predicts a bit of a rocky road ahead for Canadian farmers, with input prices high, commodity prices low and interest rates not expected to drop in the short term. “The sentiment of the industry is not the greatest right now,” said Desmond Sobool, FCC’s director of economics and deputy chief economist, speaking […] Read more
Speculators finally backing away from bearish bets in canola
Speculators were busy covering some of their large net short position in canola in early March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE Canada Weekly: Look for canola to ease back
At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.
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