CNS Canada — Canada’s canola exports will likely get dragged down by the sea of red ink flowing from Chinese markets, according to an analyst. “It will slow the export market. The whole canola engine has shrunk a little bit. Production will be down about 15 per cent or thereabouts,” said Errol Anderson of ProMarket […] Read more
Canola exports to feel pinch of Chinese market crash
Monsanto sweetens offer for Syngenta
New York/Chicago | Reuters — U.S.-based Monsanto sweetened its offer to buy Switzerland’s Syngenta, valuing the company at around US$47 billion as it tries to lure the Swiss firm to the negotiating table, a person familiar with the matter said on Monday. Monsanto, which wants to combine its world-leading seeds business with Syngenta’s own seeds […] Read more
StatsCan production estimates ‘too low’ for canola, wheat
CNS Canada — Statistics Canada released its first survey-based production estimates for the 2015-16 crop year Friday morning, with canola and wheat figures coming in at the lower end of expectations. But the grain trade is shrugging off the report, as it believes final production numbers for most crops will be larger than what Statistics […] Read more
ICE weekly outlook: Further weakness in store for canola
CNS Canada –– The ICE Futures Canada canola market moved lower during the week ended Wednesday, breaking below the key support level of C$480 per tonne in the November contract. With the technical bias pointed lower, further weakness is expected to be in store for the commodity. “I think the ideas in the trade are […] Read more
Scientists seek review of glyphosate, allege ‘flawed’ regulations
Reuters — U.S. regulators have relied on flawed and outdated research to allow expanded use of an herbicide linked to cancer, and new assessments should be urgently conducted, according to a column published in the New England Journal of Medicine on Wednesday. There are two key factors that necessitate regulatory action to protect human health, […] Read more
Start small when straight cutting canola for the first time
Reading Time: < 1 minute This year’s thin canola crop may force some producers to take their chances with straight cutting. “Typically we recommend a well-knit, even crop — something that the wind won’t shake, rattle, and roll — so that we prevent shattering and loss,” said Keith Gabert, Canola Council of Canada agronomist. “This year will be a little […] Read more
Crack open some pods before swathing canola this year, says agronomist
The ideal time to swath canola is when 60 per cent of seeds have changed colour — but 30 per cent is more realistic for large acreages
Reading Time: 3 minutes Keith Gabert is already dreading phone calls about swath timing in canola. “It’s going to be a hard job to figure out where your canola crop is going to be at for swathing, especially on some of those thin stands,” said the Canola Council of Canada agronomist at the Making the Grade workshop in late […] Read more
ICE weekly outlook: Canola drop may spur fresh demand
CNS Canada — ICE Futures Canada canola futures dropped sharply on Wednesday as the market reacted to a surprisingly bearish U.S. Department of Agriculture report and resulting losses in soybeans. While the nearby technical bias has turned bearish, the latest weakness may also serve to uncover some fresh export demand for canola. “It’s a reminder […] Read more
Over-the-border canola crusher gets new owner
A major canola crush plant that faced an unclear future just south of the Canada/U.S. border has a new owner in one of the States’ top agribusinesses. Ag co-operative CHS Inc. last week sealed its deal to buy Northstar Agri Industries at Hallock, Minnesota, about 40 km southeast of Manitoba’s main U.S. border crossing at Emerson. The Northstar […] Read more
Cargill opens crush plant in Camrose
Reading Time: < 1 minute Cargill has officially opened its canola-processing facility in Camrose, saying it will “place Alberta’s canola sector at a competitive advantage in the global marketplace as markets become available through the proposed Trans-Pacific Partnership” trade deal. “This plant has the capacity to process over one million tonnes of canola per year and will provide Alberta canola […] Read more