Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Louis Dreyfus expects tough year on trade war, swine fever

Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year […] Read more



(Dave Bedard photo)

Funds hold steady in canola

MarketsFarm — Fund traders in the U.S. were busy covering short positions and putting on fresh longs in the soybean and corn markets during the week ended Oct. 1. Meanwhile, the net fund short position in canola held relatively steady, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading […] Read more




ICE Futures November 2019 canola, with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Upside limited for canola’s snow boost

MarketsFarm — An unwelcomed early winter storm sent ICE Futures canola contracts higher during the week ended Wednesday, but it will take outside support to sustain a rally, according to industry participants. Snow in Alberta and Saskatchewan and cool and wet conditions in Manitoba slowed harvest operations during the week, with about 60 per cent […] Read more


Alberta snow further delays canola harvest, boosts prices

Alberta snow further delays canola harvest, boosts prices

MarketsFarm — Canola futures finished up at Monday’s close, boosted by a weather premium after a low-pressure system brought considerable snowfall to parts of Alberta over the weekend. Snow was mostly concentrated in the southern region of the province. Calgary and surrounding areas received around 30 centimetres of snow, according to preliminary results from Environment […] Read more

(File photo by Dave Bedard)

Funds cover some shorts in grains, oilseeds

MarketsFarm — The net fund short position in canola was reduced slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Speculators also bought back some of their bearish bets in soybeans and corn, the CoT report noted. The net managed money […] Read more


Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canada’s canola crush down slightly in August

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush was the second most so […] Read more

James and Joan McKinlay at their farm in northeastern Grey County, about two and a half hours northwest of Toronto.

Ontario beef producers help young people get into farming

James and Joan McKinlay recognize the importance of setting up the next generation to succeed

James and Joan McKinlay are passionate about beef farming. They also believe strongly in the next generation and in the role established producers can play in getting young farmers started in the industry. It’s a philosophy they’ve put into practice on their own farm, working with their son and four other young people to start […] Read more