MarketsFarm — Delays to spring seeding in some regions of Saskatchewan, such as the northeast, have opened the door for infestations of flea beetles, according to provincial pest management specialist James Tansey. Canola crops that were planted later than normal are suffering from flea beetles, he said. Extremely late-seeded canola has been relatively free from […] Read more
Flea beetles an issue in parts of Saskatchewan
BASF pegs InVigor canola woes
BASF says they are aware of the issues farmers are seeing in some of their canola varieties. A statement from the company, released in mid-June, noted that some InVigor hybrids “may be encountering various challenges that could be hindering crop establishment this season.” The issue had been noted in “select geographies” in Western Canada, according […] Read more
Crop conditions in Alberta see remarkable turnaround
MarketsFarm – As the heydays of summer approach, Alberta reported that its crops were in good shape. The crop report placed all crops in the province at 75 per cent good to excellent, slightly above the five-year average. The rains throughout June were credited with the turnaround, but overall growth and development remained somewhat behind […] Read more
Wet weather affecting acreage numbers: analysts
MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
ICE weekly outlook: The larger picture behind drop in canola
MarketsFarm – While the declines in canola prices can be partially attributed to the lack of major weather concerns on the Canadian Prairies and the early development of this year’s crop, an analyst said the main reason is on a grander scale. “The major one is the overall drop in the commodity world. For instance, […] Read more
Extreme weather in Manitoba slows planting progress
MarketsFarm – Little progress was made in planting whatever acres remained in Manitoba as extreme weather made its way through the province for the week ended June 26. Provincial seeding progress sat at 93 per cent at a time of year when plantings would be complete, according to the Manitoba Crop Report released on June […] Read more
Webinar aims to get to the bottom of grain contracts
Reading Time: < 1 minute If you’re looking for information on grain contracts or have questions for legal experts on contract law, mark July 5 in your calendar. The Canadian Canola Growers Association is hosting a webinar on that date featuring experts from Winnipeg law firm D’Arcy and Deacon LLP. “During this practical session, the legal experts will discuss the […] Read more
Ceres pulls plans for Saskatchewan canola crush plant
U.S. company suspends project citing higher-than-projected costs
U.S. ag commodities firm Ceres Global Ag’s plans for a canola crush plant in southeastern Saskatchewan are now on indefinite hold. Minneapolis-based Ceres said Friday it’s suspending the crush project it announced in May last year and will terminate a related equipment design and supply contract, so as to reduce “project-related contract liabilities.” The proposed […] Read more
Speculators bail out of long positions in canola
MarketsFarm – Speculators continued to bail out of long positions in the ICE Futures canola market during the week ended June 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 25,117 […] Read more
Alberta crops improve with rain
MarketsFarm – Drought conditions that devastated crops in Alberta last year and were poised to do the same this year are becoming something in the past, according to the province’s latest crop report. Recent rainfall has been wiping out any notion of drought in 2022 as soil moisture conditions continued to improve across the province. […] Read more
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