File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)

Shut out of China, Canada finds canola buyers in drought-damaged Europe

Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down […] Read more


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

ICE weekly outlook: Canola trade’s eyes on StatsCan report

MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if […] Read more

(Elenaphotos/iStock/Getty Images)

Canada boosts 2019-20 wheat production estimate

MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more


(File photo courtesy Canola Council of Canada)

Appeal court overturns ruling against canola ‘streaming’ contracts

A southeastern Saskatchewan farmer and canola company Input Capital are going back to court now that a ruling last year, which ripped the company’s “streaming” contracts with the farmer as “unconscionable,” has been overturned on appeal. The Saskatchewan Court of Appeal, in a ruling issued Friday, set aside a 2018 Court of Queen’s Bench “finding […] Read more



(Photo courtesy Canola Council of Canada)

Grain growers get extension on 2018 APP repayment

Grain, oilseed and pulse crop growers who took out cash advances from the Advance Payments Program for the 2018-19 crop year will get an extra six months to repay, effective Friday. Federal Agriculture Minister Marie-Claude Bibeau on Thursday announced a six-month stay of default for APP advances on grains, oilseeds and pulses, to March 31, […] Read more

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

ICE weekly outlook: Canola watching pre-harvest weather

MarketsFarm — ICE canola futures held rangebound during the week ended Wednesday, with uncertainty over new-crop production likely to keep some caution in the market over the next few weeks. “Canola is very attractively priced right now,” said Ken Ball of PI Financial in Winnipeg, noting crush margins have improved significantly in recent weeks to […] Read more


(File photo by Greg Berg)

Input Capital cuts costs as delayed sales lift Q3 profit

A hostile canola export market has left “commodity streaming” firm Input Capital paring back its staff count and halting its sales and marketing efforts. The publicly traded Regina company on Tuesday booked adjusted net income of $1.06 million on $4.95 million in adjusted total revenue for the quarter ending June 30, up from about $249,000 […] Read more

Regions eligible for livestock tax deferrals released

Regions eligible for livestock tax deferrals released

Policy: News Roundup from the August 2019 issue of Canadian Cattlemen

Drought in Western Canada and Quebec prompted the federal government to release an initial list of regions eligible for livestock tax deferrals in late July. The livestock tax deferral provision allows livestock producers in prescribed drought, flood or excess moisture regions to defer a portion of their 2019 sale proceeds of breeding livestock until 2020 […] Read more