MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will […] Read more
Canola
Repeat of record Australian wheat, canola crops unlikely
ABARES expects 2023-24 crop down on year
ICE weekly outlook: Hard to know where canola will go
'Could easily make a case either way'
MarketsFarm — ICE Futures canola contracts fell hard to end the month of May, dropping to levels not seen in more than two years. While the oversold market may be […] Read more
April grain deliveries see increases all around
Barley deliveries up sharply
MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than […] Read more
Net farm income down in 2022 despite high commodity prices: StatCan
Hike in farm fuel, fertilizer and feed costs is the largest in nearly 50 years
Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says. Realized net income is […] Read more
ICE weekly outlook: Don’t bank on $700 canola, analyst suggests
Fresh bullish news not yet in view
MarketsFarm — New-crop canola prices on ICE Futures seemed to be destined to remain well below $700 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. “The […] Read more
AAFC projecting canola ending stocks to tighten
New-crop wheat ending stocks figure boosted
MarketsFarm — Canadian canola ending stocks in both the current marketing year and upcoming 2023-24 season will be tighter than earlier estimates, according to supply/demand projections from Agriculture and Agri-Food […] Read more
Speculative short position declines in canola
Traders' net long in CBOT soy also reduced
MarketsFarm — The speculative short position in canola continued to shrink during the week ended May 15, as speculators bought back short positions and put on new longs, according to […] Read more
Ontario field conditions on the upswing, so too the weeds
OMAFRA Field Crop Report for the week of May 15
Conditions Field conditions across the province have improved vastly over the last ten days. With sunshine and temperatures in the high teens to even high twenties in some areas, planting […] Read more
ICE weekly outlook: Unclear where canola wants to go
Soy complex's trend much more apparent
MarketsFarm — While the ICE Futures canola market declined during the week ended Wednesday, the oilseed has been affected by a mixture of supports and pressures, according to commodities futures […] Read more
Best to be scouting for insect pests
'Definitely' watch canola for flea beetles
MarketsFarm — Although it is still relatively early in the crop year, Manitoba entomologist John Gavloski strongly advises farmers to carefully watch their fields for any signs of insect pests. […] Read more
Cyber-Savvy Farmer
