“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.




Photo: jjmiller11/iStock/Getty Images Plus

U.S. livestock: Cattle mixed, hogs higher

Strong export sales for cattle, hogs

Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT Weekly: Hard to determine where markets could go

Tariffs issues clouding pathways

With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.


The crisis line is available at 1-866-FARMS01 (1-866-327-6701) to provide confidential assistance to those in need (Photo: Andrii Zorii/Getty Images)

Launching National Farmer Crisis Line

Crisis line is available at 1-866-FARMS01 (1-866-327-6701)

As farming gleans stress from a variety of sources, the Canadian Centre for Agricultural Wellbeing announced on Feb. 4 that it has set up the National Farmer Wellness Network. The crisis line is available free of charge and was designed specifically for the mental health challenges faced by Canadian farmers, their families as well as […] Read more