CNS Canada — The ICE Futures Canada canola market remains in a steady uptrend from a chart standpoint, with the May contract posting gains Monday for the 11th straight session. However, the futures are getting very close to upper resistance. May canola settled Monday at $530.50 per tonne, after climbing by roughly $30 over the […] Read more
Tag Archives resistance — page 2

Canola nearing chart resistance

Second incidence of waterhemp found in Manitoba
A second case of waterhemp — a noxious weed which, in many places in Ontario and the U.S., is resistant to glyphosate, Group 2 herbicides or both — has been found in Manitoba. Waterhemp (amaranthus tuberculatus), which resembles redroot pigweed and is in the same family, was first found in a soybean field southeast of […] Read more

Chicken farmers to expand phase-out of antibiotics
The national body for Canada’s chicken producers has set new targets to phase out preventive use of the antimicrobials deemed next-to-most important in human medicine. Chicken Farmers of Canada (CFC) on Tuesday announced that, following the “successful elimination” of Category I antibiotics for disease prevention in chickens, its antimicrobial use strategy will next focus on […] Read more

Canola chart turns neutral to bearish
CNS Canada –– The ICE Futures Canada July canola contract has run into resistance from a chart standpoint and nearby technical signals look neutral to bearish. The contract fell from two-month highs the past two sessions, settling right at the 20-day moving average Thursday around $518 per tonne. Prior to Wednesday’s selloff the contract was […] Read more

Greig: Salmonella strain hard to treat in livestock
A strain of salmonella resistant to multiple antimicrobials is spreading in Ontario and Quebec cattle herds. There have been 23 cases of Salmonella Dublin in 15 herds reported in Ontario since 2012, but the numbers have been increasing each year. There were eight cases reported in 2015 and four in 2016 through August. Dr. Dave […] Read more