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Tag Archives Canola — page 82

(File photo by Dave Bedard)
Crops, Markets

Large spec short position overhanging canola market

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MarketsFarm — Speculators added to their large net short position in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 58,004 contracts on Tuesday, up by about […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan confirms smaller canola acres, more wheat

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MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more
Farm field of rape, farmland landscape with rapeseed flowers, summer scenery
News

Opinion: We can’t force the Chinese to buy our crops

We can, however, take steps to reduce the sector’s vulnerability to a big customer’s mood swings

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Canadian canola farmers find themselves in a tough spot this spring as the snow disappears and they look across those vast empty fields, many of which, under normal circumstances, would be boasting pretty yellow flowers by mid-July. Canola surpassed wheat a few years back as the largest contributor to farm cash receipts from crops by […] Read more
A police officer gestures at the photographer outside Canada’s embassy in Beijing on Dec. 12, 2018. (Photo: Reuters/Thomas Peter)
Crops, Markets

Ottawa pressed to consider more options on China’s canola ban

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With canola export issues still looming large, some Canadian ag industry groups want the federal government to boost its diplomatic presence on the matter. The Canola Council of Canada on Wednesday said a Canadian technical delegation “has not yet been accepted” to travel to China and address Beijing’s recent suspensions of canola imports from two […] Read more
(Photo courtesy Canola Council of Canada)
Crops

Neonic-treated canola not an ‘unacceptable risk’ for pollinators

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Already facing federally mandated phase-outs from many major on-farm uses in Canada over risks to aquatic insects, neonicotinoids aren’t expected to pose “unacceptable risks” to pollinators when used on canola seed or hothouse vegetables in the meantime. Health Canada said as much Thursday as it released its final re-evaluation decisions for three neonic pesticides — […] Read more
(Kat72/iStock/Getty Images)
Crops, Markets

USDA lowers Canadian canola export forecast

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MarketsFarm — The slowing pace of Canadian canola exports, linked to the country’s trade dispute with China, saw the U.S. Department of Agriculture lower its forecast for Canadian canola exports in the current 2018-19 marketing year. In its latest Oilseeds: World Markets and Trade report, USDA’s Foreign Agricultural Service said actual Canadian exports could end […] Read more
CBOT May 2019 corn (candlesticks) compared with May 2019 soybeans (green line). (Barchart)
Crops, Markets

CBOT weekly outlook: Weather, flooding are main focus

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MarketsFarm — This spring’s weather and flooding in the United States have become the main focus for traders at the Chicago Board of Trade (CBOT), said an analyst. “What kind of planting conditions, how much rain, how much flooding, and how cold things are,” listed Steve Georgy, president of Allendale Inc. at McHenry, Ill. The […] Read more

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