CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, on the back of currency action that made the commodity more desirable to international buyers. “This Canadian dollar has really helped out exports to China, Japan, Pakistan and Mexico,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The loonie continued to […] Read more
ICE weekly outlook: Canola posts gains as loonie plunges
Bin-busting canola yields come to Alberta
Reading Time: < 1 minute Five Alberta canola producers were winners in DuPont Pioneer’s 2015 yield contest. Saskatchewan producer Florian Hagmann claimed top spot with 116 bushels per acre on his plot and more than 100 bu./ac. on the field using Pioneer seed. The Alberta winners were Jim Herder (Sylvan Lake, 84.3 bu./ ac., second spot), Ron Krywko (Sturgeon County, […] Read more
ICE weekly outlook: Canola stuck in sideways range
CNS Canada –– ICE Futures Canada canola contracts posted small losses during the week ended Wednesday, but remained rangebound overall. That sideways activity is expected to continue over the next month or so, as large supplies and increased farmer selling, on the one side, is countered by solid end-user demand and the weaker Canadian dollar. […] Read more
U.S. blocks Hamilton crush plant’s canola meal
Winnipeg | Reuters –– The U.S. Food and Drug Administration (FDA) halted a shipment of canola meal on Dec. 1 from a Bunge plant in Hamilton, Ont. because it appeared to contain salmonella bacteria, FDA records show. Salmonella can cause food-borne illness in humans. However, canola meal is mainly shipped to the U.S. for use […] Read more
Ex-Legumex crush plant gets new owners, supply deal
Canada’s top grain handler is set to start feeding canola to a U.S. West Coast crushing plant now half-owned by the Prairie company’s parent firm. Regina-based Viterra, the grain handling arm of multinational commodity firm Glencore, on Tuesday announced a supply and marketing deal with Pacific Coast Canola (PCC), a next-to-new crush plant at Warden, Wash., […] Read more
ICE weekly outlook: Canola still rangebound on charts
CNS Canada — ICE Futures Canada canola contracts broke above major resistance levels this week, hitting levels not seen since August. However, as they say, what comes up must come down — and prices were well off of those highs by Tuesday’s close, bringing the market back within its long-standing trading range. The most active […] Read more
Ten is the magic number for canola
Reading Time: 3 minutes In a year like 2015, the little things add up. “If we get lots of moisture early in the spring, you can just about broadcast your canola and it will grow,” Dan Orchard said at the Farming Smarter conference earlier this month. “But when years are tough, that’s when a lot of these little things […] Read more
Cinderella story: Canola crushes yield expectations despite rocky start
Whatever the reason for the surprisingly good yields, growers urged to stick to recommended practices this spring
Reading Time: 3 minutes This year was a head-scratcher for canola growers across the Prairies. “For a lot of our producers, it was a drought year, with a bumper crop and a wet harvest — those things shouldn’t go together,” said Keith Gabert, agronomist with the Canola Council of Canada. This year looked like it would be a wreck […] Read more
Canola performance trials data available
Reading Time: < 1 minute Canola Performance Trials (CPT) 2015 small-plot data on canola seed varieties is now available. CPT 2015 had over 25 small-plot sites across the Prairies. The booklet includes results from short-, medium- and long-season zones, with yield and agronomic performance, as well as gross revenue for each variety and location. The trials provide science-based, unbiased and […] Read more
Three tips for feeding heated canola seed
Mouldy seed should be tested, it can gum up a mill, and don’t put too much in a ration
Reading Time: 2 minutes When it comes to feeding heated canola seed to ruminant animals such as cattle or sheep, there are a few things to keep in mind. “Canola seed that is heated might be discoloured and have a smell to it, but can still be used,” said provincial beef forage specialist Barry Yaremcio. “If there is a […] Read more