As two analysts looked at Statistics Canada’s latest report on total stocks of principal field crops, they immediately zeroed in on canola. Statistics Canada’s report, released Tuesday, shows canola stocks as of Dec. 31, 2018 were at 14.553 million tonnes, up 4.9 per cent from year-earlier levels, “The numbers are sort of in line with […] Read more
StatsCan canola stocks numbers point to big carryout
ICE weekly outlook: Canola waits on trade talks, USDA reports
ICE canola futures are quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain senior marketing analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” he said. Two days of high-level trade negotiations between […] Read more
ICE weekly outlook: Weak export data holds back canola market
The Canadian dollar and vegetable oil are the main supports for canola contracts on the futures markets, but sluggish exports are holding it back from further gains, said a market analyst. Other than being down on Monday, canola has finished up in five of its last six sessions, according to Pro Farmer Canada’s Mike Jubinville. […] Read more
Canola performance results available
Reading Time: < 1 minute The results from the 2018 Canola Performance Trials are now available. Data from small-plot and field-scale trials can be downloaded in a booklet format. The booklet has yield, height, lodging, days to maturity, and calculated gross revenue values for 29 varieties grown in short-, mid- and long-season zone locations all across Western Canada. It features […] Read more
Flea beetles top Manitoba’s 2019 watch list
Cold temperatures hitting Manitoba won’t do much to hurt flea beetles overwintering, leaving the pest as a major concern for canola farmers heading into spring. Flea beetle numbers were quite high in Manitoba in 2018, making them “probably at the top of the list of (insects) to watch out for this year,” said John Gavloski, […] Read more
Green seed canola a big issue for producers this year
Know what you’ve got, watch for spoilage, and make calls to potential buyers of lower grades, says crop specialist
Reading Time: 2 minutes Canola samples have highly variable levels of distinctly green seed this year, says a provincial crops analyst. “Some farmers have reported that there has been a reduction in the green seed count during storage and others have said that it has not changed since harvest,” said Neil Blue. But many producers, particularly in the northern […] Read more
Canola trade on edge over China tensions
Canadian canola exports to China face some uncertainty as concerns mount that political tensions between the two countries could spill into trade. The back-and-forth tariff dispute between the U.S. and China, and resulting decline in Chinese purchases of U.S. soybeans, originally led to ideas that Canada would pick up some of the slack with increased […] Read more
ICE weekly outlook: Quiet winter has canola steadying
CNS Canada — The ICE Futures canola market is expected to stabilize now as there isn’t really any big news to drive North American oilseed markets. “We don’t have something very dominant for traders to focus on and supplies are pretty comfortable everywhere in the oilseed complex for now… the only factor that has hurt […] Read more
Canola, corn, soy traits to move forward with China approvals
Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] Read more
Pacific pact spurs Canadian ag sales to Japan as U.S. watches
Winnipeg | Reuters — At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. The annual Canadian beef buffet reception attracted 126 people, up sharply from the usual 30 to 40. A trade deal among Pacific […] Read more