Reading Time: 4 minutes Facing a $1.1 million deficit, Alberta Canola members have two options: cut programs or increase farmer-supported service charges, commonly known as levies. The dilemma was brought up in a recorded message from Rick Taillieu, director of engagement and analytics with Alberta Canola, at the organization’s online grower engagement meeting Dec. 19. “The challenge is getting […] Read more
Levy boosts, program cuts on Alberta Canola table
Producer group faces fourth deficit budget in five years
Sask. canola, flax groups vote to merge
SaskCanola and SaskFlax have been sharing offices, admin for about a year
Producer support for the merge of SaskCanola and SaskFlax was "overwhelming," the groups said in a Jan. 10 news release. The organizations held a joint annual general meeting to share results of member feedback before taking the issue to a vote. The vote passed with "widespread approval," the release said.
ICE canola weekly outlook: Possible support uncovered
Chicago soyoil has shown some stability, underpinning canola
The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.
Researchers study verticillium yield losses
Team behind blackleg and clubroot yield loss models tackles new canola disease
Reading Time: 3 minutes Glacier FarmMedia – Canola industry leaders have been worried about verticillium stripe and its impact on crop yields for several years. Reports out of Europe suggest the fungal disease could cause losses of 10 to 50 percent on oilseed rape. However, extreme losses are usually confined to a small number of fields in England and […] Read more
ICE weekly outlook: More room to the downside for canola
Vegetable oil markets also became weaker
Even though selling activity for canola could be slowing down, according to an analyst, there are too many bearish indicators to predict a boost to prices.
Funds holding large net short in canola heading into 2024
Corn traders were covering shorts and putting on some new longs as New Year rolled in
The net short position in canola futures was sitting near its largest levels on record to end 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE weekly outlook: No reason for strong rally in canola
Canola likely to pull back once trading gets back into full swing in New Year
There were strong gains for canola on the Intercontinental Exchange on Dec. 27, as trading resumed after being closed for Christmas and Boxing Day. However, the gain will likely not be the prelude to a major upswing in the oilseed’s prices. Rather, canola is likely to pull back once trading gets back into full swing after the New Year, according to analyst Bruce Burnett of MarketsFarm.
Genome selection finds next canola superstars
Sequencing the canola genome in 2014 paved the way for researchers to be more precise when developing new varieties
Reading Time: 7 minutes Glacier FarmMedia – In the 2020 Western Hockey League bantam draft, the Regina Pats had the first overall pick. They selected Connor Bedard. It was an easy pick and a good one. Bedard recorded 100 points in the 2021-22 WHL season and 143 points last year. In June, the Chicago Blackhawks selected Bedard with the […] Read more
Manitoba earmarks funds for sustainable aviation fuel plant
The facility may produce as much as one billion litres of canola and soy-based jet fuel
Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added.
AAFC raises canola, wheat ending stocks forecasts
Pea, barley carryout estimates raised, lentils cut in half
Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.