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Canola


Crops, News

Corn planting starts off well, then slowed by rain

OMAFRA Field Crop Report for April 30

By OMAFRA Field Crop Team April 30, 2020
Corn Planting began at the tail end of the week of April 20 and continued at a good pace until the widespread rain event on Wednesday/Thursday during the week of […] Read more

ICE May 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Demand keeps canola well supported

By Phil Franz-Warkentin April 29, 2020
MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, holding above major support as end-users showed solid demand. “The demand side of the formula is still […] Read more

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops

Supply chain working but canola groups have concerns

Federal field trials need to continue and growers need protective equipment, they say

By Alexis Kienlen April 29, 2020
There have been no issues so far with supplies of inputs and parts, transportation or oilseed processing during the pandemic, canola industry officials report. “We’ve been really focused on making […] Read more

(Dave Bedard photo)
Crops, Markets

Speculators turn bearish in soybeans, add to canola shorts

By Phil Franz-Warkentin April 25, 2020
MarketsFarm — Fund traders have turned from a net long position to a net short position in Chicago soybeans while also adding to their bearish bets in canola, according to […] Read more

(Dave Bedard photo)
Crops, Markets

Tighter canola stocks, more wheat in updated ag department tables

By Phil Franz-Warkentin April 24, 2020
MarketsFarm — Updated supply/demand tables released by Agriculture and Agri-Food Canada on Wednesday include only minor adjustments to stocks and usage numbers, with slightly tighter canola ending stocks and a […] Read more


Crops, News

Cool temps slow crop progress

OMAFRA Field Crop Report for April 23

By OMAFRA Field Crop Team April 23, 2020
While the growing season started early in many regions, cooler temperatures over the last week have slowed progress. Manure applications continue where soil conditions are fit. Cereals Winter wheat planted […] Read more

ICE Futures May 2020 canola (candlesticks) and CBOT May 2020 soybean oil (yellow line). (Barchart)
Crops, Markets

ICE weekly outlook: Canola gains strength at midweek

By Marlo Glass April 23, 2020
MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold […] Read more

(File photo by Dave Bedard)
Crops, Markets

Funds add to net short position in canola

By Phil Franz-Warkentin April 17, 2020
MarketsFarm — Fund traders put more new bearish bets on canola in the second week of April, adding to their net short position, according to the latest commitment of traders […] Read more


Crops, News

2020 crop season kicks off for Ontario farmers

OMAFRA Field Crop Report for April 16

By OMAFRA Field Crop Team April 17, 2020
The 2020 growing season has begun in Ontario with nitrogen applications being made to winter wheat, manure being applied and even corn being planted!  Many have reported field conditions to […] Read more

ICE May 2020 canola (candlesticks, in Cdn$) and CBOT May 2020 soymeal (yellow line, US$). (Barchart)
Crops, Markets

ICE weekly outlook: Loonie’s rally kept canola lower

CBOT soymeal, soyoil also drag on canola

By Glen Hallick April 15, 2020
MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of […] Read more

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