Reading Time: 2 minutes Glacier FarmMedia – Kody Blois, Liberal MP and chair of the House of Commons agriculture committee, has introduced a bill to make it easier for seed, feed and crop protection products to move into Canada. Private member’s Bill C-359 would amend the Seeds Act, Feeds Act and Pest Control Products Act to provide a 90-day […] Read more
Private member’s bill looks for quicker ag product approval
Seed, feed and pest control legislation would be amended to allow faster approval of products already registered in ‘trusted’ jurisdictions
Fund short position hits new record in ICE canola
Traders return to net long on soybeans
MarketsFarm — The net speculative short position in the ICE Futures canola market rose to its largest level ever recorded as fund traders put on fresh bearish bets and liquidated previously placed long positions, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 24, the […] Read more
ICE weekly outlook: Canola pulling lower
Futures subject to 'financial gravity'
MarketsFarm — Canola futures on the Intercontinental Exchange kicked off the week of Oct. 23-27 with sharp losses, as the most heavily traded January contract busted through its support level of $700 per tonne. Among the reasons for canola’s steep fall, as David Derwin pointed out, were the better than average yields from this year’s […] Read more
Keeping grains safe when in storage
Reading Time: < 1 minute Storage considerations must be top of mind as a variable crop is harvested in Alberta. Grain temperature and moisture are two key factors for safe grain storage. If one or both are not properly managed, the risk of spoiled grain can increase significantly. To help prevent spoilage, the Canadian Grain Commission has developed storage charts […] Read more
Managed money adding to net short positions in canola
Canola at biggest net short position in months
MarketsFarm — Managed money fund traders remain bearish canola, growing the net short position in the ICE Futures market to the second largest level of the past year, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 17, the net managed money short position in […] Read more
Cut clubroot off at the pass by thinking ahead
Resistant varieties not enough to tackle this disease of canola
Reading Time: 4 minutes Resistant canola varieties have played a major role in the war on clubroot but they are not enough on their own, say agronomists. An effective fight against the soil-borne, canola-targeting disease requires several solutions and fall is the time to think about them. “Because clubroot is such a complex disease, it’s really important that we […] Read more
ICE weekly outlook: Upside seen for canola prices
'Aggressive manipulation' seen as a factor
MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne before rising up to $725.80/tonne on Monday, then ending the week at $711.70. The January contract went in similar directions, starting at $710.10/tonne before moving […] Read more
Alberta beef producers in dire need of better drought response, says chair
Meanwhile, grain and canola producers managing with crop insurance
Reading Time: 5 minutes Alberta cattle producers need better business risk management (BRM) programs and they need them yesterday, says the chair of Alberta Beef Producers. “I believe we are in a crisis,” said Brodie Haugan from his ranch about 80 kilometres south of Medicine Hat. “We’ve seen the compounding effects of drought and severe weather. We’ve seen many […] Read more
Fund short position grows in canola
Funds shift to net short in CBOT soybeans
MarketsFarm — The managed money net short position in ICE canola futures continued to grow in early October as speculators liquidated long positions and put on new shorts, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 10, the net managed-money short position in canola […] Read more
Campaign to boost canola’s image
Hello Canola campaign aims to reduce Canadian apathy, address misconceptions, organizers say
Reading Time: 3 minutes Glacier FarmMedia – Groups representing Prairie canola growers have a new campaign to boost their crop’s image among Canadians. Hello Canola is part of a national canola marketing program jointly funded by Alberta Canola, SaskCanola and the Manitoba Canola Growers. “The intention of the program is to help move Canadians from apathy for canola into […] Read more
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