Across much of Ontario major crops and forages are progressing well. Evidence of moisture stress is present on various crops, but some relief came over the period of June 11-14th with […] Read more
Canola

Province’s major crops, forages faring well
OMAFRA Field Crop Report for the week of June 19

ICE weekly outlook: Canola market rising into summer
New StatCan acreage estimates out next week
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more

ICE canola futures see record daily trade volume
Previous record trading day was in 2014
MarketsFarm — The ICE Futures canola market on Friday saw its busiest day ever, with over 90,000 contracts traded during the session, according to preliminary data. Intermonth spreading accounted for […] Read more

ICE weekly outlook: Canola will follow soyoil up or down
Prairie weather another guiding factor
MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in […] Read more

Grain grading guide to tighten definition of ‘severely’ sprouted wheat
More changes, clarifications on deck for Aug. 1
A laboratory review of the end-use quality of sprouted wheat will lead to changes in how wheat is graded starting Aug. 1 this year. The Canadian Grain Commission on Tuesday […] Read more

Fund short position grows in canola
Traders net long in soy, K.C. wheat
MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, […] Read more

USDA’s June WASDE report brings few notable changes
Canadian wheat harvest expectation unchanged
MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For […] Read more

Philippines to host Canada’s Indo-Pacific ag office
AAFC/CFIA base to be set up in Manila, Bibeau says
Canada’s agriculture department and food safety agency will carry out their part of the federal government’s Indo-Pacific strategy from a new office in Manila, Philippines. Federal Agriculture Minister Marie-Claude Bibeau […] Read more

ICE weekly outlook: Canola finds support from funds, weather
Crude oil markets also a factor
MarketsFarm — After being in a steady decline over the past month, the ICE Futures canola market was on the rise for the week ended Wednesday. The July canola contract […] Read more

Fund traders add to bearish bets in canola
Funds also net short in MGEX and CBOT wheat, corn
MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, […] Read more