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1 week ago | 
manitobacooperator.ca | Glen Hallick
Two factors are driving canola futures on the International Exchange in different directions: waning demand and dry conditions. At one point, Canada was essentially running out of the oilseed thanks to the canola export program this marketing year running far ahead of last year, plus improved domestic use. It’s also believed there is very little canola left in farmers’ bins. Prices had to rise, with demand rationing needed to avoid stocks getting too low.
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2 weeks ago | 
agcanada.com | Glen Hallick
Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
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2 weeks ago | 
agcanada.com | Glen Hallick
Glacier FarmMedia | MarketsFarm — Spring planting in Alberta made a 27-point jump at 47 per cent complete during the week ended May 13, according to the latest crop report from the province. That’s 21 points above the five-year average. Progress in southern Alberta continued to be far ahead of the rest of the province at 76 per cent, up 30 points on the week.
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1 month ago | 
agcanada.com | Glen Hallick
Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
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1 month ago | 
agcanada.com | Glen Hallick
Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
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1 month ago | 
manitobacooperator.ca | Glen Hallick
Old crop canola futures spiked on April 24, which put the oilseed’s July contract in a good position to climb above $700 per tonne. The July contract gained $21.70 during the week ended April 24, with a good percentage of the increase coming that day. It pushed July to $697.40 per tonne, surpassing its psychological resistance level by more than seven dollars. Dwindling canola supplies in Canada have already created a bullish tone.
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1 month ago | 
agcanada.com | Glen Hallick
Glacier FarmMedia MarketsFarm — World production of rapeseed/canola for 2024/25 was trimmed by almost 0.53 per cent on April 10, when the United States Department of Agriculture released its World Agricultural Production report. Unlike the USDA’s World Agricultural Supply and Demand Estimates, released the same day, the WAP includes several more crops, including rapeseed.
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2 months ago | 
agcanada.com | Glen Hallick
Glacier Farm Media | MarketsFarm – Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended April 3. While upticks in the United States wheat complex lent support, concerns over the worldwide reciprocal tariffs announced by President Donald Trump on April 2 generated a lot of uneasiness in the markets.
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2 months ago | 
agcanada.com | Glen Hallick
Introducing the NEW! AgCanada app. Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.
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2 months ago | 
manitobacooperator.ca | Glen Hallick
China zapped a good chunk of canola’s gains during the week of March 17 as it proceeded with its 100 per cent tariffs on imports of Canadian canola meal and oil. After the markets closed on March 7, China announced it would hit Canada with those levies plus 25 per cent duties on seafood and pork. The May canola contract was hardest hit, when on March 10 it tumbled limit down $40 per tonne. For the rest of that week, losses in the May tallied another $44.50/tonne.
