GFM Network News





ICE weekly outlook: Canola gives back gains at midweek

MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. Keith Ferley of RBC Dominion […] Read more

Visible canola supplies largest in three years

MarketsFarm — Solid farmer deliveries into the commercial pipeline saw visible Canadian canola supplies hit their highest level in three years, according to the latest Canadian Grain Commission (CGC) data for the week ended Sunday. Total visible supplies of the oilseed came in at 1.584 million tonnes, which was the highest of the marketing year-to-date […] Read more



Clippers are just one tool you can use to identify disease problems in the field and begin to manage them.

Another 10 bushels an acre of canola? It’s doable, says expert

It’s ‘a big challenge’ but achieving an average of 52 bushels an acre can be done, says Clint Jurke

Six down and 10 to go. If producers are going to hit the Canola Council of Canada’s goal of achieving 52 bushels per acre, they’re going to have to change their management approach, says the organization’s agronomy director. But it can be done, said Clint Jurke. “When we launched this 52-bushel plan four years ago, […] Read more


ICE weekly outlook: Canola steady, awaits news

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 deadline that will see the […] Read more

Much lower canola exports to China have resulted in Canada’s canola producers holding significant inventory.

Consider carrying costs when marketing canola

The current futures market is in a strong carrying charge situation, says analyst

With a large canola carry-over and the uncertain China situation, producers need to consider carrying costs when marketing the crop, says a provincial crop market analyst Given the large inventory and currently restricted demand, the canola futures market is in a strong carrying charge situation, said Neil Blue. The futures market is priced significantly higher […] Read more



Canada’s canola crush posts new monthly record

MarketsFarm — Canadian oilseed processors set a new monthly record in October 2019, crushing 882,301 tonnes of canola during the reporting period, according to the latest data from Statistics Canada. The crush pace was up by 114,000 tonnes from the previous month and compares with the year-ago October crush of 786,770 tonnes. The previous single […] Read more