Seeding now rather than waiting for rain may be a viable option for Prairie canola growers looking out on dry fields without much chance of precipitation, the Canola Council of Canada suggests. Facing temperatures in the mid-30s C, and soil moisture down at about the one- to two-inch mark, a few Prairie growers on social […] Read more
Seeding canola into dry soils not out of question: CCC
ICE weekly outlook: Canola hits $500, watching volumes
CNS Canada — ICE Futures Canada canola contracts seem to have found a new range during the week ended Wednesday, with both the July and November contracts lifting around the $500 per tonne mark. Weakness in the Canadian currency and a dry weather premium in Western Canada were behind a lot of the support. As […] Read more
Weekly canola crush hits yearly low
CNS Canada — Canada’s weekly canola crush dropped sharply over the week ended Wednesday, but some of the decline is likely tied to an overstatement of what was processed the previous week. The weekly canola crush came in at only 110,909 tonnes, which compares with 180,078 tonnes the previous week, according to data from the […] Read more
Alberta honeybees are busy — but not well understood
Researcher says there’s a lot to learn about how honeybees could be used to further boost canola yields
Reading Time: 3 minutes Having bees around your canola field might be good for your yield, but the exact details of how and why are not known yet. That’s where people like Shelley Hoover, apiculture researcher with Alberta Agriculture and Forestry in Lethbridge, comes in. Hoover’s research deals with bee health, bee pollination, and the impacts bees have on […] Read more
ICE weekly outlook: Still room higher for canola
CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, with the biggest gains in the front months. While the market ran into some resistance on Wednesday, there is still more room to the upside from both a chart and fundamental perspective. “We’re still in an upward trend; we haven’t […] Read more
ICE weekly outlook: Canola watching acreage numbers
CNS Canada — ICE Futures Canada canola contracts rose during the week ended Wednesday, as strong advances in U.S. soy overpowered resistance cast on the market by the stronger Canadian dollar. The canola market “was able to get some support from the soy action but the Canadian dollar has taken most of it away… it’s […] Read more
Canola crush is thundering along at a record rate this year
Crush production records have been falling like flies, and both producers and the wider economy are benefiting
Reading Time: 3 minutes This year’s canola crush is on pace to be the highest ever, which is good news for producers. “It’s great for farmers,” said Renn Breitkreutz, vice-chair of the Alberta Canola Producers Commission. “Our product is in demand and we’ve seen significant investment in crush capacity over the past couple of years and now it seems […] Read more
ICE weekly outlook: Canola wary of soybean rally
CNS Canada — ICE Futures Canada canola contracts moved lower overall during the week ended Wednesday, as the bearish influence of the rising Canadian dollar countered any spillover support from gains in CBOT soybeans. CBOT soybeans climbed sharply over the course of the week. However, the Canadian dollar has also posted solid gains over the […] Read more
Would you like canola margin insurance?
Reading Time: < 1 minute The Canadian Canola Growers Association is researching new risk management tools to provide farmers with more options in managing the many risks affecting their farm. One potential new product is canola margin insurance. To ensure this product is designed to work effectively for farmers, the association is seeking farmer input through a survey available at […] Read more
China may pay more for canola if standard changes
Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for no more than one per […] Read more