CNS Canada — Canola crush margins dropped by more than $30 per tonne over the past two weeks, which may be putting a damper on end-user demand. As of Thursday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $100 above the March contract, which compares with levels only two weeks […] Read more
Canola crush margins tumble
ICE weekly outlook: Easy come, easy go for canola
CNS Canada — The ICE Futures Canada canola market has been something of a maverick over the course of the week, bucking pressure from a stronger loonie and weaker soybeans, but traders could turn on the market in coming sessions, one analyst said. “There’s certainly some commercial buying keeping it firm, but it may be […] Read more
ICE weekly outlook: Weather trumps Trump on canola
CNS Canada — ICE Futures Canada canola contracts posted substantial gains during the week ended Wednesday, taking strength from a rally in the soy complex. Both front-end contracts rose $17 on the week, with the March contract jumping from $498 at its Jan. 11 close to settle at $515 a week later. Weather concerns in […] Read more
John Mayko new ACPC region 4 rep
Reading Time: < 1 minute Growers in Region 4 have elected John Mayko of Mundare to the board of the Alberta Canola Producers Commission. Almost 2,000 growers mailed in ballots earlier this winter for the election. Kris Klammer of Vegreville was the other candidate. Mayko has worked in various roles in crop production at the Canola Council of Canada over […] Read more
Canola acres seen rising on high prices
Brandon | Reuters — Canadian canola plantings may rise slightly in spring as farmers seek to cash in before an expected drop in vegetable oil prices as palm crops recover from drought that hit major Southeast Asian producers, German oilseed analysis firm Oil World said Tuesday. Plantings will rise by less than 10 per cent […] Read more
Clubroot arrives in Ontario canola
Ontario has its first case of clubroot disease in canola — and further testing has confirmed clubroot in canola fields across the province. During the 2016 growing season an agronomist in the Verner area of northern Ontario examined a canola field and found the distinctive clubbed roots, said Meghan Moran, canola and edible bean specialist […] Read more
Canola may soon be able to text you when it needs to be sprayed
Nano-biosensors are more accurate than checklists at determining when to spray for sclerotinia
Reading Time: 2 minutes An Alberta researcher has found a tiny way to solve a big problem for canola farmers — using nano-biosensors to detect sclerotinia stem rot in the field, eliminating the need for visual scouting. “Sclerotinia stem rot is one of the most devastating diseases in canola farming, and scientists have worked very hard to try and […] Read more
ICE weekly outlook: Canola watching South America
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, breaking below some chart resistance levels in the process. The chart pattern is turning flat, however, and further moves will likely depend on outside factors. Speculators have moved to the short side in the canola market, which accounted for some […] Read more
Tipping point seen for March canola
CNS Canada — ICE Futures Canada canola futures find themselves at a bit of a tipping point from a chart standpoint, with the most active March contract settling right at the $500 per tonne mark on Tuesday. In addition to being a psychological benchmark, $500 is also within 30 cents of the 200-day moving average […] Read more
Canola crushers running at full steam
CNS Canada — Canadian canola crushers showed no signs of slowing down their record pace over the Christmas and New Year’s holidays, with the weekly crush topping 200,000 tonnes for only the second time ever. The canola crush during the week ended Wednesday came in at 200,294 tonnes, according to the most recent Canadian Oilseed […] Read more