Although crop conditions in Saskatchewan were good, the province’s latest crop report said development continued to fall behind normal for this time of year. Saskatchewan Agriculture pointed to the cooler temperatures and wet conditions as why development has been slower this year.
Saskatchewan’s crops remain in good shape, but are still behind
ICE Weekly: ‘Soyoil scare’ fuels canola’s comeback
While the November contract fell below C$600 per tonne on June 26 for the first time since late February, it has since gained more than C$50 to close at C$652.70 on July 3. Earlier that day, the contract reached C$659.70, its highest level since June 7.
Manitoba crop weather/conditions varied
Mixed weather conditions across Manitoba over the Canada Day long weekend left some regions of the province dealing with excess moisture, with high winds and cool temperatures also affecting crop development, according to the latest provincial crop report.
Canadian farmers plant more canola, less wheat than early intentions
Canadian farmers planted more canola and less wheat than originally intended, according to updated acreage estimates from Statistics Canada, released June 27.
ICE Canada Weekly: Canola bouncing around in a large range
Although canola futures on the International Exchange have lost a fair bit of value over the last several weeks, there is a case to be made that the Canadian oilseed is rangebound.
Oilseed crush, grain deliveries see mixed yearly changes
Changes varied in the amount of oilseeds crushed and grains delivered in Canada during the month of May compared to one year ago, according to Statistics Canada (StatCan).
Manitoba Crop Report: More wet weather across province
Crop development in Manitoba continued while isolated rains fell over the province during the week ended June 23.
Few changes expected ahead of StatCan report
It will be the second survey-based acreage report for 2024-25 from StatCan after the first was released in March. Since then, much of the Prairies received normal to above-normal amounts of precipitation while cooler temperatures have delayed development in most crops.
Bearish bets rise in canola futures
Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Nearly $500K for Lethbridge College ag researcher
RDAR funding announcement will build on Chandra Singh’s research to limit postharvest losses
Reading Time: < 1 minute Chandra Singh has been given nearly $500,000 in funding from RDAR to continue research to limit post-harvest losses.