CNS Canada — The ICE Futures canola market has hit the winter lull and there isn’t much driving it, according to one trader. “The meal has been a leader to the upside, so that again should help crush margins and it has helped crush margins. But trade has been lacklustre and I expect that to […] Read more
ICE weekly outlook: Canola stuck in winter slump
Twelve tips to clubroot management
There are several key management tools producers need to apply to minimize the risk of clubroot either reaching a damaging level, and/or to reduce a heavy spore load of the pathogen in the soil to a tolerable level (about 1,000 spores or less per gram or teaspoon of soil will not affect crop performance). The[...]
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Assure herbicide’s active ingredient under new ownership
Now being put to work in Enlist corn, the active ingredient in Assure II herbicide has a new owner. California-based American Vanguard Corp., the owner of ag chemical producer Amvac Chemical, announced Thursday it has bought the quizalofop-p-ethyl (QPE) product line of herbicides from DowDuPont’s ag division, Corteva Agriscience, for an undisclosed sum. A Group[...]
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ICE weekly outlook: Canola waits for U.S. shutdown to end
CNS Canada — The ICE Futures canola market, like its fellow commodity markets, currently sits at the mercy of the U.S. government shutdown, according to one analyst. “It all has to do with the government shutdown in the States. Soybeans keep on rallying, than they lose ground towards the end of the session, because how[...]
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A two-year break can prevent a clubroot horror show
Clubroot spores live for 20 years but new research says a surprising 99 per cent die in two years — if infestations are light
Reading Time: 4 minutes *[UPDATED: Dec. 28, 2018] Still growing a canola-wheat rotation? One more year between canola crops could make a huge difference when it comes to clubroot. “Recent research has shown that 95 to 99 per cent of spores die over a two-year break,” said Dan Orchard, agronomy specialist with the Canola Council of Canada. “We were[...]
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Canola fund short position holds steady
CNS Canada — Fund traders maintained their net short position in ICE Futures canola contracts, according to the latest commitment of traders (CoT) report by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net short position in canola by only 500 contracts, to[...]
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Linden producer wins canola yield contest
Reading Time: < 1 minute He didn’t hit the 100-bushel-an-acre mark, but Merle Klassen from Linden came closest and has won the Canola 100 Agri-Prize. The three-year-long contest challenged growers to aim for a 100-bushel yield on 50 continuous acres of non-irrigated land. Klassen had the highest-yielding crop during those three years — 85.88 bushels per acre in 2017. He[...]
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ICE weekly outlook: Canola steady heading into 2019
CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with[...]
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Richardson to buy Wesson cooking oil brand
A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail[...]
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Canola funds reduce net short position
CNS Canada — Fund traders lowered their net short positions in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola[...]
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