MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in at 13,904 contracts (41,949 long, […] Read more
Fund long position edges higher in canola
Net long in CBOT soybeans down on week
Australian crop estimates adjusted slightly lower
Crop seen down 34 per cent from last year
MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, according to the latest crop […] Read more
New seed treatment designed to boost cereal crops
Product centred on enhancing phosphorus solubility and improving early vigour
Reading Time: 2 minutes Glacier FarmMedia – Boosting nitrogen use to reduce nitrogen-based fertilizer applications, has been a feature of several products in the past five years. Lalrise Start SC liquid inoculant aims to improve another key nutrient. The seed treatment designed to enhance phosphorus solubility has received full commercial registration and will be available in spring 2024 for […] Read more
ICE weekly outlook: Harvest pressure, farmer selling to guide canola
New StatCan figures 'right around expectations'
MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report came in right around expectations. […] Read more
Do you know your trade MRLs?
Pre-harvest is the time to protect the crop’s marketability for international markets
Reading Time: 4 minutes Maximum residue limits can affect the marketability of a crop, so farmers need to heed them, say crop market experts. “Because we produce so much beyond what we need for our domestic demand for food, we really do need to keep in mind market access and those requirements that we see with our export partners,” […] Read more
Raising the profile of verticillium stripe
Identifying the new-ish fungal threat on the block can be tricky because it resembles blackleg
Reading Time: 4 minutes Conditions weren’t ideal for verticillium stripe this year but the Canola Council of Canada says growers should stay alert when it comes to the disease. “Verticillium stripe is a soil-borne pathogen and it overwinters in the soil,” said Courtney Boyachek, agronomy specialist and verticillium stripe lead with the council. “Last year was a bad year […] Read more
Increases seen in most July grain deliveries
Oats deliveries more than double, canola near double
MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes, […] Read more
July canola crush sets new records
Soybean crush down slightly from last July
MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. The federal agency pegged the […] Read more
ICE weekly outlook: Canola following soyoil’s lead
Stat Can's principal field crop estimates will be released on Aug. 29, may affect prices
MarketsFarm – The November canola contract rose above the C$800 per tonne mark for the first time in nearly a month during the week ended Aug. 23. However, it wasn’t without some turbulence over the last two days of trading. On Aug. 22, the November contract lost C$13.40 per tonne to close at $796.00, before […] Read more
Manitoba crop report: dry week helps advance harvest
Cattle producers move herds to hay fields to graze regrowth
MarketsFarm – Dry conditions across crop-growing areas in Manitoba helped the province’s annual harvest get off to a good start during the week ended Aug. 20. Much of the eastern, southern and central regions received two millimetres of precipitation at most during the week with several locations receiving no rainfall at all. The northwest region […] Read more