Reading Time: 4 minutes A long-time Alberta Canola director is entering his third term as chair and a new member will replace another long-serving director. Roger Chevraux of east-central Alberta was re-elected as director of Region 11 and to his third term as chair. Jeff Frost of Olds replaces Ian Chitwood of Airdrie in his capacity as Region 8 […] Read more
Exciting but challenging times ahead for new Alberta Canola board
A new director and a long-time chair share thoughts on the canola industry
Don’t grow deregistered canola varieties
Reading Time: < 1 minute Growing registered canola varieties is an important way to assure Canada’s export customers that the oil and meal quality, biotech traits and disease resistance in the Canadian canola supply meets their requirements. To mitigate risk, do not seed any deregistered canola varieties and do not deliver seed produced from them to an elevator or grain […] Read more
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
Alberta Canola elects new board
Roger Chevraux of Killam re-elected as chair
Reading Time: < 1 minute Both new and familiar faces make up Alberta Canola Producers Commission’s new board of directors. The board — elected at the organization’s 34th annual general meeting — includes re-elected chair Roger Chevraux of Killam. Charles Simoneau of Guy will replace long-serving board member Ian Chitwood of Airdrie as vice-chair. Jeff Frost of Olds — a […] Read more
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
Prepping for the 2024 canola crop
Planning for crop stresses now will set growers up for success when it is time to act: agronomists
Reading Time: 5 minutes Glacier FarmMedia – Winter isn’t exactly prime time to scout for insects, diseases and weeds, but last year’s pests may provide a baseline to help prepare for the next canola crop, agronomists say. “Review the challenges you had last year and have a plan in place as to how you’re going to handle them this […] Read more
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