U.S. ag commodities firm Ceres Global Ag, which in recent years has built up a Prairie grain and oilseed origination hub near the North Dakota border in southeastern Saskatchewan, now plans to crush canola there also. The Minneapolis company said Tuesday it plans to spend US$350 million to build an integrated crush plant with capacity […] Read more
Ceres plans southern Saskatchewan canola crush plant
U.S. firm to build plant at border grain terminal
Dry weather may cut into Canadian crop prospects, AAFC says
MarketsFarm — Dry weather conditions across Western Canada could cut into production prospects in the region, according to updated supply/demand tables released Thursday by Agriculture and Agri-Food Canada. “Extremely dry conditions prevail in large parts of Western Canada, allowing for rapid seeding progress which is trending ahead of normal; however, timely precipitation this spring and […] Read more
Net long position in canola edging down
Net long increases in Chicago, K.C. wheat
MarketsFarm — The managed money net long position in canola has edged down over the past few months, hitting its lowest level since August 2020 in the latest Commitment of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday, managed money fund traders were holding a net long position in ICE […] Read more
Forecast, flea beetles complicate canola timing
Dry conditions make ideal seeding time difficult to peg
Drought conditions, and the odds of more to come, have some Prairie canola growers pondering when to roll the dice on seeding, if they want to do more than feed the flea beetles. Small-seeded crops, such as canola, have garnered particular concern from agronomists and producers worried about germination, given power dry topsoil across much […] Read more
ICE weekly outlook: Rain needed to bolster canola crop
MarketsFarm | Rain — specifically, the lack thereof — is quickly becoming the key issue for canola values, according to Ken Ball of PI Financial in Winnipeg. Until now, dry conditions across much of the Prairies have not been much a factor in canola prices, he said. “We’ve got to get some rain in a […] Read more
(Genetic) resistance is futile for new clubroot pathotypes
Over half of the unique clubroot pathotypes in Alberta able to overcome first-generation resistance
Reading Time: 4 minutes New clubroot pathotypes are emerging in canola fields across the Prairies — and clubroot-resistant varieties might not be enough to stop the spread. “The most worrisome part about this is the fact that a lot of these new pathotypes are able to overcome traditional first-generation resistance,” said Keisha Hollman, who led the study at the […] Read more
Canada left with very tight canola, barley stocks
'You can't find canola anywhere in the country'
MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that are out there, a lot […] Read more
ICE weekly outlook: Canola’s uptrend intact for now
MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather uncertainty for the new crop kept speculators on the buy side. While selling was starting to come forward to temper gains in the new-crop months, […] Read more
Even in Regina, biodiesel refinery will benefit Alberta canola growers
Proposed facility would be a huge user of canola and boost demand for crop, say canola leaders
Reading Time: 3 minutes A supersized new biodiesel plant will be good news for Alberta canola growers — even if it’s not actually located in Alberta. “It would have been great if it had been close to home for me personally, but there’s a bigger picture,” said Sylvan Lake producer Mike Ammeter, a director for Alberta Canola. “Even if […] Read more
Will there be any canola left in bins come fall?
'Stocks are setting up to be the smallest in years'
Reading Time: 2 minutes It’s been a time that canola growers won’t soon forget, says a provincial crop analyst. “Producers with unpriced canola remaining after the 2020 harvest have been delighted and amazed by the price increase since harvest,” Neil Blue said in a recent Agri-News article. “New record canola prices have been set for both futures and cash.” […] Read more
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