MarketsFarm — Wet weather on the Prairies and U.S. northern Plains has brought downward pressure on ICE Futures canola prices, taking the market off the contract highs hit in early […] Read more
Canola
ICE weekly outlook: Weather, soy complex weaken canola
ICE weekly outlook: Canola market pits weather against supplies
MarketsFarm — As dry conditions remained prevalent across the Canadian Prairies and U.S. northern Plains, despite recent precipitation, the markets were in a struggle between the weather and tightening supplies, […] Read more
ICE weekly outlook: Bare shelves keep all eyes on weather
MarketsFarm — Hot and dry Prairie growing conditions helped ICE Futures canola contracts move higher to start the month of June, with weather forecasts likely to dictate where values move […] Read more
StatsCan shows 2020 farm income up significantly
Farm cash receipts were up more than expenses
Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up […] Read more
Dry field conditions prevail, corn, soy planting nearly complete
OMAFRA Field Crop Report for May 26
Conditions Some thunderstorms through Essex provided some moisture, but most areas of the province received less than 5 mm over the long weekend and conditions throughout the province remain dry. […] Read more
ICE weekly outlook: Swings ahead for canola
MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. […] Read more
Ceres plans southern Saskatchewan canola crush plant
U.S. firm to build plant at border grain terminal
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 […] 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 […] Read more
Weather makes way for corn, soybean planting
OMAFRA Field Crop Report for May 19
Current weather patterns are generally expected to hold for the next week or so. This will allow for planting of corn and soybeans to be mostly complete by the last […] Read more
ICE weekly outlook: Attention turns to new-crop canola
'Somebody's feet will be held to the fire'
MarketsFarm — Wide price swings in the nearby ICE Futures July canola contract over the past few weeks have sent most commercial trade into the new-crop November, with direction in […] Read more
Cyber-Savvy Farmer
