CNS Canada — Canada’s canola ending stocks as of July 31 came in at about a million tonnes above the previous year’s carryout — but were still well within trade expectations. Canola supplies as of July 31 were estimated at 2.391 million tonnes by Statistics Canada on Thursday, with 954,000 tonnes of that in commercial […] Read more
Tag Archives Canola — page 89
Large Canadian canola ending stocks expected
ICE weekly outlook: Canola futures brace for harvest pressure
CNS Canada — ICE Futures canola contracts continued to hang above the psychologically-important $500 per tonne mark during the week ended Wednesday, but the real test could be in the coming weeks as harvest kicks into full gear. The front-month November contract rose $2.10 during the week to $506.90 per bushel by Wednesday’s open. As […] Read more
Neonic phase-out may limit flea beetle control tools
CNS Canada — The phasing out of neonicotinoid seed treatments in Canada may cause problems for the country’s canola growers when dealing with flea beetles — but alternatives pesticides could fill the gap. Health Canada’s Pest Management Regulatory Agency (PMRA) is proposing that two neonicotinoid pesticides, clothianidin and thiamethoxam, be phased out over the next […] Read more
Crude oil and canola part company, for now
CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. […] Read more
Crop Rotation Options: Winter canola 101
There are good profitability, rotation and weed management reasons to grow winter canola
Winter canola has never particularly caught on in southwestern Ontario. But now researchers at Agriculture and Agri-Food Canada’s Research and Development Centre in Harrow are giving farmers the knowledge and tools to elevate the oilseed in this province. A June 21 event at the research station highlighted how producers can incorporate winter canola into their […] Read more
Canadian canola area likely above earlier projection
CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more
Ag balance sheet points to stable farm economy
CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more
ICE weekly outlook: Canola seeks rain amid market turmoil
CNS Canada — The ICE Futures Canada canola market faces a slew of uncertainty as political turmoil in international trade markets and a looming report from Statistics Canada keeps traders guessing where the market is headed. “The craziness of the White House is the main focus. How will it affect the markets?” said Keith Ferley […] Read more
Consider canola crop’s potential yield before spraying
As July approaches and crop canopies close, sclerotinia will be on the minds of many canola growers. But will it pay to spray? Fungicide applications are more likely to be profitable when the canola hits 30-40 bushels per acre, said Colleen Redlick, senior technical development specialist at BASF. Justine Cornelsen, agronomy specialist with the Canola […] Read more
Canola crush margins deteriorate
CNS Canada — Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit margins. As of Monday, the Canola Board Crush Margin calculated by ICE Futures Canada was about $44 above […] Read more
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