Canola nearing chart resistance

CNS Canada — The ICE Futures Canada canola market remains in a steady uptrend from a chart standpoint, with the May contract posting gains Monday for the 11th straight session. However, the futures are getting very close to upper resistance. May canola settled Monday at $530.50 per tonne, after climbing by roughly $30 over the […] Read more

Waterhemp is a concern not only because it’s a new weed for Manitoba, but because in places in Ontario and the U.S., it’s often resistant to glyphosate, Group 2 herbicides or both. (Tone Ag Consulting photo)

Second incidence of waterhemp found in Manitoba

A second case of waterhemp — a noxious weed which, in many places in Ontario and the U.S., is resistant to glyphosate, Group 2 herbicides or both — has been found in Manitoba. Waterhemp (amaranthus tuberculatus), which resembles redroot pigweed and is in the same family, was first found in a soybean field southeast of […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

Chicken farmers to expand phase-out of antibiotics

The national body for Canada’s chicken producers has set new targets to phase out preventive use of the antimicrobials deemed next-to-most important in human medicine. Chicken Farmers of Canada (CFC) on Tuesday announced that, following the “successful elimination” of Category I antibiotics for disease prevention in chickens, its antimicrobial use strategy will next focus on […] Read more

Canola chart turns neutral to bearish

CNS Canada –– The ICE Futures Canada July canola contract has run into resistance from a chart standpoint and nearby technical signals look neutral to bearish. The contract fell from two-month highs the past two sessions, settling right at the 20-day moving average Thursday around $518 per tonne. Prior to Wednesday’s selloff the contract was […] Read more