Canola at the cotyledon stage. (Photo courtesy Canola Council of Canada)

Some S. Manitoba canola ‘wiped out’ in weekend frost

CNS Canada –– Many canola crops in southern Manitoba were badly damaged by frost early Saturday morning, leading farmers to reseed fields, one local farmer reports. “There’s quite a bit of canola that has been damaged, and some guys are reseeding. Some guys are still assessing, though,” said Anastasia Kubinec, oilseed specialist with Manitoba, Agriculture, […] Read more




(Dave Bedard photo)

ICE weekly outlook: Weather to make or break canola market

CNS Canada –– ICE Futures Canada’s canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, a weak Canadian dollar and worries about dry conditions damaging some crops in Western Canada underpinned canola. Dry conditions in parts of the western Prairies […] Read more


(Photo courtesy Canola Council of Canada)

Canola crush margins deteriorating

CNS Canada — Canadian canola crush margins continue to drift lower and currently find themselves at some of their worst levels in over a year. Declining demand for canola oil, together with the fact that a lack of farmer selling is forcing processors to pay up to bring in canola seed, was behind some of […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola bias points higher

CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The most-frequently-traded July contract tested the $460 per tonne mark before backing off at the end of the […] Read more