(Dave Bedard photo)

Profit-taking cuts into fund net longs in canola, soy

MarketsFarm — Fund traders were busy liquidating some of their long positions in canola and soybeans during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders as of Tuesday were holding a net long position in ICE Futures canola […] Read more

CBOT January 2021 soybeans (candlesticks) with ICE January 2021 canola (yellow line). (Barchart)

U.S. grains: Soybeans hold near four-year high

Focus shifts to Tuesday's USDA report to gauge tightening supply

Chicago | Reuters — Chicago soybean futures held near a four-year high on Friday as Brazilian dryness and strong demand from leading importer China kept the market focused on the prospect of tightening supplies. Corn and wheat dipped but were underpinned by weather risks and Chinese-fueled international demand. The most-active soybean contract on the Chicago […] Read more



ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola stronger at midweek

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are […] Read more


(Alfio Manciagli/iStock/Getty Images)

Input Capital takeover falls through

Input says U.S. buyer to walk away, pay termination fee

The Regina company that brought “streaming” to the Prairie canola marketing business is considering its other options now that a friendly cash bid from a U.S. suitor has been taken off the table. Input Capital said Thursday that Washington, D.C.-based investment firm Bridgeway National, which in August proposed to buy Input for about $96.15 million, […] Read more




Brett McRae and his wife Chantel on the farm in southwestern Manitoba.

Mentorship program leads Manitoba producer to regenerative ag

After participating in the Cattlemen’s Young Leaders program, Brett McRae rejigged his mixed farm to abide by the five principles of soil health

Brett McRae is a fifth-generation rancher in southwest Manitoba, near Brandon, but not the fifth generation on the same ranch. “I was born and raised here and my parents are still actively farming. I farm next to them; we farm separately but share equipment, labour, facilities and ideas. It’s the best of both worlds; we […] Read more


(Bhofack2/iStock/Getty Images)

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more

(Alfio Manciagli/iStock/Getty Images)

Record-high Canadian canola supplies in commercial pipeline

MarketsFarm — Visible canola supplies in the Canadian commercial pipeline are sitting at historically high levels, according to Canadian Grain Commission data. A total of 1.75 million tonnes of canola were sitting in commercial hands across Canada during the week ended Oct. 18 — only slightly off the record of 1.786 million tonnes set only […] Read more