The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)

Canada, China agree to suspend WTO canola dispute

Lifting of canola ban renders case moot

Berlin | Reuters — Canada and China have agreed to suspend proceedings against Chinese measures affecting the importation of Canadian canola seed, according to a World Trade Organization (WTO) complaint on Thursday. The WTO Dispute Settlement Body (DSB) panel suspended its work as of Tuesday, the complaint said. Work can be suspended at any time […] Read more

ICE Futures November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Crush margins guiding canola demand

MarketsFarm — Enormous canola crush margins will lead to increased demand for the Canadian oilseed, according to MarketsFarm’s director of markets and weather Bruce Burnett. As of Tuesday, the nearby November-October margins were estimated at $215.51 per tonne, while the same position for November-October 2023 now stands at $124.48/tonne. This time last year their margins […] Read more


(Dave Bedard photo)

Greater crop production estimated prior to StatCan report

Extended time lag between survey, data's release criticized

MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more

ICE November 2022 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (green line). (Barchart)

ICE weekly outlook: Time gap too large in StatCan report

Canola's potential yields shrank in meantime

MarketsFarm — There has been about a one-month gap in between Statistics Canada having gathered its data for next week’s principal crops report and actually releasing the report. That’s something trader Ken Ball of PI Financial in Winnipeg finds irksome. “They’re using computer models of some kind. You would think they could get this out […] Read more








Photo: File

Manitoba crops variable: report

MarketsFarm – Crop development was highly variable across Manitoba during the week ended Aug. 2 depending on localized rainfall and drainage, with fields in the southern growing areas of the province generally better than those to the north, according to the latest report from Manitoba Agriculture. Localized insect concerns were reported, with some spraying required. […] Read more