Canola Archives - Page 92 of 223

ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)

Fund traders add to short positions in canola, corn

By Phil Franz-Warkentin, GFM Network News June 1, 2020

MarketsFarm — Fund traders added to net short positions in canola and corn while reducing their net long in soybeans, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 38,810 contracts (5,349 long/44,159 […] Read more

An artists’ rendition of the Merit Functional Foods plant under construction in Winnipeg. (Meritfoods.com)

Canola, Crops, Peas

Plant protein processor backed for expansion

Lenders arrange up to $85 million for Merit Functional Foods

By Dave Bedard, GFM Network News May 29, 2020

The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May 4 it has secured a debt financing package of up to $85 million from “a syndicate of lenders” including Export Development Canada, Farm Credit Canada […] Read more

Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)

Canola, Crops, Reuters

Huawei extradition ruling could unleash more Chinese backlash

More punitive trade measures expected

By David Ljunggren, Steve Scherer, GFM Network News May 28, 2020

Ottawa | Reuters — A British Columbia court ruling that could permit the extradition of a senior Huawei executive to the U.S. leaves Canada vulnerable to further retaliation from Beijing, analysts said. Huawei chief financial officer Meng Wanzhou on Wednesday lost a challenge to a U.S. bid to extradite her to face bank fraud charges, […] Read more

ICE July 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Extradition ruling not the only anchor on canola

By Glen Hallick, GFM Network News May 28, 2020

MarketsFarm — Although ICE July canola finished $1.30 per tonne lower Wednesday, at $463.50, following a ruling on the extradition of Huawei executive Meng Wanzhou, Wayne Palmer said there’s much more to the decline in the price. While Palmer, a trader with Exceed Grain in Winnipeg, called the ruling “a nail in canola’s coffin,” he […] Read more

Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)

Canola, Crops, Reuters

Huawei executive loses key court argument in fight against extradition

By Moira Warburton, Tessa Vikander, GFM Network News May 27, 2020

Toronto/Vancouver | Reuters — Huawei’s chief financial officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on Wednesday. Meng, a Chinese citizen, was arrested in December 2018 in Vancouver on a warrant issued by U.S. authorities, who accuse her of bank fraud […] Read more

Crops, Markets

Farmer deliveries well above average in April

By MarketsFarm Team, GFM Network News May 26, 2020

MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets, Spring Wheat

AAFC tightens canola stocks projections

By Phil Franz-Warkentin, GFM Network News May 24, 2020

Corrected, May 25 — MarketsFarm — Canadian canola ending stocks for both the current marketing year and the upcoming 2020-21 season will be tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. The latest data take into account acreage estimates released by Statistics Canada earlier in the month. […] Read more

ICE Futures July 2020 canola with 20-, 40-, 100- and 200-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola nearing resistance

By Phil Franz-Warkentin, GFM Network News May 21, 2020

MarketsFarm — ICE Futures canola contracts have trended higher over the past month, but may be nearing the upper end of their nearby range. Solid demand, from both exporters and domestic crushers, has kept canola well supported, while a firmer tone in world energy and vegetable oil markets should also add some upside momentum, according […] Read more

Crops, Markets, Reuters

USDA sets coronavirus aid payments for corn, soy, wheat

By Reuters, GFM Network News May 20, 2020

Chicago | Reuters — U.S. farmers that grow crops including corn and soybeans will receive coronavirus assistance payments based on either half of their 2019 production or the supplies they had on hand as of Jan. 15, the government said on Tuesday. The coronavirus aid is the latest in a round of government payments that […] Read more

Canola, Crops, Markets

Net short position reduced in canola

By Phil Franz-Warkentin, GFM Network News May 19, 2020

MarketsFarm — Rising futures prices saw speculators exiting short positions in canola and adding to a growing net long in soybeans, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 38,738 contracts on Tuesday, […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Daily Network News

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Canola

Fund traders add to short positions in canola, corn

Plant protein processor backed for expansion

Huawei extradition ruling could unleash more Chinese backlash

ICE weekly outlook: Extradition ruling not the only anchor on canola

Huawei executive loses key court argument in fight against extradition

Farmer deliveries well above average in April

AAFC tightens canola stocks projections

ICE weekly outlook: Canola nearing resistance

USDA sets coronavirus aid payments for corn, soy, wheat

Net short position reduced in canola

Canadian Cattlemen Presents: Depth of Field

Blogs

Cows ain’t coal

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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