Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more
Loan called on Legumex’s U.S. canola crusher
ICE weekly outlook: Canola rises ahead of USDA report
CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith […] Read more
More downside possible for canola
Commodity News Service Canada — ICE Futures Canada canola contracts moved sharply lower during the week ended July 29, and more downside is possible for the market in coming weeks. “I think we’re going into a period where we’re going to make some pre-harvest lows here,” said Jerry Klassen, manager of the Canadian office for […] Read more
Sask. crops get soaked, but may take yield hit
(Reuters) – Two days of rainstorms in Saskatchewan, Canada’s biggest wheat- and canola-growing province, may have done more harm to crops than good, even though farms were parched, a Saskatchewan government official said on Wednesday. Much of the province received rain on Monday and Tuesday, with the capital, Regina, collecting about 90 millimetres (3.5 inches), […] Read more
CWB tour pegs wheat at 38.9 bushels
Regina / Reuters —Western Canada spring wheat, durum and canola yields look to fall sharply from last year’s levels, due to hot, dry conditions, leaders of a crop tour said on Friday. The second-annual CWB Market Research Services crop tour pegged spring wheat yield potential in the region at 38.9 bushels per acre on average, down […] Read more
CWB pegs canola production at 12.18 mln tonnes
Commodity news Service Canada — CWB is estimating the Canadian canola crop will produce 12.18 million tonnes in 2015/16 (Aug/Jul), according to a supply and demand table released via the Market Research Services Twitter account on Wednesday. The projection is below a previous estimate from the company of 12.60 to 13.00 million tonnes, which was […] Read more
It’s a bit creepy, but ‘mystery syndrome’ is no cause for alarm
Buds on canola plants are doing things they shouldn’t — like turning into leaves or stems
Reading Time: 3 minutes If you’re seeing weird things in your canola — like buds turning into stems or leaves — don’t be alarmed. But what’s causing this “mystery syndrome” has Alberta experts scratching their heads. “You’ve got something that should be forming a pod, and it turns into a weirdly shaped leaf or a piece of stem or […] Read more
Farmers offered a prize for 100-bushel canola
Producing bigger crops on the same amount of land is the challenge for ensuring world food security. North American canola growers who want to meet that challenge now have an extra incentive — a complete John Deere equipment package if they’re the first to grow 100 bushels per acre on 50 acres of canola. Canola […] Read more
Prairie cash wheat prices down but durum bids up
Average CWRS wheat prices were down by $7 to $12 per tonne over the week
Commodity News Service Canada — Spring wheat cash bids across Western Canada moved lower during the week ended July 17, as losses in the U.S. futures and improving weather conditions in some parts of the Prairies weighed on values. However, durum was the one bright spot from a pricing standpoint, with declining Canadian crop prospects […] Read more
Canola replanting may hinder winter wheat seeding
CNS Canada — With canola as the preferred stubble choice into which to seed winter wheat in Western Canada, it’s possible farmers will run into problems seeding this fall due to vast canola reseeding in early June. “The crop insurance said there was over a million acres reseeded (in Manitoba), and when you reseed, unless […] Read more