Two 11-year-old girls and a 13-year-old girl have died after being smothered in a truckload of canola on a farm in western Alberta, according to RCMP and local media. Rocky Mountain House RCMP said late Tuesday they were called at about 6:15 that evening to a farm near Withrow, about 60 km west of Red […] Read more
Three Alta. girls smothered in truckload of canola
Weekly canola crush hits new record
CNS Canada –– Canola oil is flowing freely in Western Canada, with domestic processors crushing more canola in a single week than ever before, according to the latest data from the Canadian Oilseed Processors Association (COPA). The weekly canola crush hit 184,493 tonnes during the week ended Wednesday, which is more than 10,000 tonnes above […] Read more
Producers needed for blackleg survey
Reading Time: < 1 minute The Smoky Applied Research and Demonstration Association is conducting a blackleg survey and asking producers to collect samples while scouting canola fields. Virulent blackleg of canola is a fungal canker or dry rot disease that causes stem girdling and lodging. In heavily infested crops, up to 100 per cent of the stems may be infected, […] Read more
Monsanto slashing 2,600 jobs, buying back shares as sales fall
Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more
ICE weekly outlook: Canola poised to test resistance
CNS Canada — ICE Futures Canada canola futures tried and failed to break higher on numerous occasions over the past two weeks, but could be poised to finally see a bounce, according to a market analyst. A rebound in palm oil is supporting soyoil, which in turn is supportive for canola, said Errol Anderson of […] Read more
What is the effect of lower crush margins?
Lower margins suggest canola crushers will reduce production, but that’s not necessarily so
Reading Time: < 1 minute Crush margins have dropped sharply in the last 18 months, but the implications for canola producers aren’t clear, says a provincial crops analyst. Canola crushers don’t disclose their margins, and so the trade estimates a “board” canola crush margin based on ICE Canada canola futures and U.S. futures markets for soybean oil and soybean meal, […] Read more
Dawson: Ag exporters applaud historic TPP deal
Export-oriented Canadian farmers are giving the Trans-Pacific Partnership (TPP) agreement reached in Atlanta on Monday two thumbs up. The deal, which remains to be debated in Canada’s House of Commons and could take more than a year to be ratified by all 12 member countries, will see tariffs on Canadian products in those markets eliminated […] Read more
Market access, income supports come with Trans-Pacific pact
Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more
Huge weekly canola deliveries in latest CGC report
CNS Canada — A “lack of significant farmer selling” has been a common talking point from analysts when they’ve had to account for some unexplained strength in the canola market in recent weeks. That line may now need to be retired, however, as the official data tells a different story. According to Canadian Grain Commission […] Read more
Weekly canola crush hits best level in over two months
CNS Canada –– Canada’s domestic canola processors are getting busier, with the latest crush data showing the most active week in two-and-a-half months. Capacity utilization during the week ended Wednesday climbed to 82.8 per cent, which compares with only 66.9 per cent the previous week, according to the latest report from the Canadian Oilseed Processors […] Read more