(Dave Bedard photo)

ICE weekly outlook: More gains likely for rising canola

CNS Canada — ICE Futures Canada canola advanced sharply on the week and has room to strengthen further, though resistance is on the horizon. Canola far outpaced Chicago Board of Trade (CBOT) soybeans in the week ending Wednesday, as the market gathered independent strength. Since last week, July canola advanced about $18 per tonne, closing […] Read more





(Dave Bedard photo)

ICE weekly outlook: Canola along for ride with soybeans

CNS Canada — While springtime canola supplies look favourable for prices, bearish oilseed situations elsewhere leave ICE Futures Canada prices straddled with downside, especially ahead of a key production report. “The supply and demand fundamentals on canola are all optimistic, better than they are on most oilseeds,” said Mike Jubinville of ProFarmer Canada. “But let’s […] Read more

(Photo courtesy Canola Council of Canada)

Canadian canola crush sets new weekly record

Canada’s canola crush hit a new weekly record during the week ended Wednesday, with processors across the country operating at nearly full capacity. The canola crush during the week ended March 22 came in at 208,268 tonnes, according to the most recent Canadian Oilseed Processors Association report. That puts the crush capacity utilization for the […] Read more





In this photo of a wilt-affected plant’s stem at harvest, black microsclerotia can be seen just below the surface layer. (Gov.mb.ca/agriculture)

No point in quarantine for verticillium wilt, CFIA says

Slapping federal quarantines on canola fields with verticillium wilt wouldn’t serve much purpose, since the yield-robbing fungi is already in all of Canada’s major canola-growing areas, the Canadian Food Inspection Agency says. While the agency itself is recommending against regulation, CFIA on Wednesday posted a draft of a risk management document on verticillium wilt, seeking […] Read more