“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

ICE Canada Weekly: Canola set to climb higher

Supplies getting tighter

Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.



Rooting for resistance

Rooting for resistance

How soybeans tackle nematode invaders is no secret anymore

Using advanced RNA sequencing, researchers have recently uncovered how varieties of soybean respond to different types of soybean cyst nematodes (SCNs), with potential implications for developing more resilient crops and reducing reliance on chemical treatments.



File photo of a durum wheat field in Idaho. (Craig Morris photo courtesy ARS/USDA)

U.S. wheat, world grain stocks tighten: USDA

Less supply by end of marketing year

Projected world grain stocks, as well as those for United States wheat, are set to tighten according to the U.S. Department of Agriculture's monthly supply/demand report released on Feb. 11, 2025.



 Photo: Greg Berg

Speculators exit short positions in canola

Net short smallest since 2023

Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).