Reading Time: < 1 minute Jeanette Andrashewski has been elected to the Alberta Canola Producers Commission board following an election that featured four candidates. The grower from Two Hills was the “clear winner” after the mail-in ballots for Region 4 were counted, the organization said. The commission has 12 regions, with Region 4 covering five counties (Beaver, Strathcona, Two Hills, […] Read more
Andrashewski elected to canola board
AAFC issues first look at 2023-24
Oats production expected down significantly on year; wheat, canola up
MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped the carryout for oats by […] Read more
Will there be any new varieties in your line-up this year?
Reading Time: 6 minutes New varieties often promise higher yields, more robust resistance, better standability and other benefits. But there can also be trade-offs. “Sometimes a new variety comes out and maybe the yield is better, but did you lose anything with that variety, whether it’s protein or maturity?” asked Greg Stamp of Stamp Seeds in Enchant. “And then […] Read more
ICE weekly outlook: Canola’s steady week takes late turn
Outlook 'neutral to bearish'
MarketsFarm — While canola prices turned lower Wednesday, the week ending that day was full of rangebound trade activity with little movement. The March canola contract traded within a range of $832-$846.70 per tonne during the week, settling at the low end of the range after falling $5.20 on Wednesday to close at $832.70/tonne. Winnipeg-based […] Read more
Fund traders flip back to short side on canola
Corn traders reduce net long position
MarketsFarm — After briefly holding a net long position to start the New Year, speculators were back holding a net short position in canola in the second week of January as they liquidated long positions and put on some new bearish bets. The latest Commitments of Traders (CoT) report compiled by the U.S. Commodity Futures […] Read more
New version of grain contract guide available
Reading Time: < 1 minute The fourth edition of the Canadian Canola Growers Association guide to understanding grain contracts is now available. The 28-page Practical Guide to Navigate Grain Contracts covers topics such as the grading process, delivery terms and declarations, delivery penalties, access to land (such as for picking up grain or for sampling purposes), defaults, contract cancellation, acts […] Read more
ICE weekly outlook: Canola likely rangebound until spring
MarketsFarm — Unless something very dramatic were to happen in the coming weeks, canola futures on the ICE Futures platform will remain rangebound at least until spring, according to David Derwin, analyst with PI Financial in Winnipeg. “Canola has been very rangebound for the last six to seven months,” he said, noting downward fluctuations during […] Read more
Fund traders back on the long side in canola
Net long also extended in CBOT corn, soy
MarketsFarm — Speculators in ICE canola moved back to a net long position in the futures to start the New Year, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 6,805 contracts on Jan. […] Read more
LIFE ON THE EDGE: Three farmers share their experiences with precision ag
It’s not just the tech, but finding a way to make the farm more efficient and the decisions better
Reading Time: 5 minutes There were undoubtedly a lot of double takes when folks drove by Rob Stone’s farm last summer when he was out scouting. That’s because the Saskatchewan producer was accompanied by a robot that wouldn’t look out of place on a lunar expedition, although it’s also been described as looking like a “glorified card table” on […] Read more
SaskCanola, SaskFlax merge offices, management
Groups will maintain separate governing boards, levies
Sasskatchewan’s canola and flax development commissions are consolidating their management, staff and office space under one roof. SaskCanola and SaskFlax said Wednesday their new “management collaboration” will translate to efficiencies for both commissions with “a full staff complement to support both boards.” Both organizations will now operate out of the current SaskCanola office at Innovation […] Read more
Cyber-Savvy Farmer
