Gerry Ritz was on hand at Richardson’s Kelburn Farms, just south of Winnipeg, today to announce a federal government commitment of $15 million to the canola industry. This funding, through Growing Forward 2, will be leveraged to bump that total to more than $20 million, says Patti Miller, president of the Canola Council of Canada… Read More
Category: Canola Marketing
A cool start delayed corn planting in the U.S., so much so that there’s a rumoured 78 million acres of soybeans in the ground down south. A late start means the critical pollination period of the crop — a huge factor in determining yield — into the typically hot weeks of late July. While the… Read More
Ever wonder what the Canola Council of Canada does and who is involved? RealAgriculture.com caught up with Patti Miller, president of the council, to ask her those questions and many more. For example, 2012 was in some ways a fantastic year for the crop — a huge number of acres went in and planned crush… Read More
Keeping the crop in the bin during market dips but still having the bills paid is one advantage of using a cash advance program. For canola and several other crops, the cash advance is administered by the Canadian Canola Growers Association. Farmers can access $100,000 interest free, and up to another $300,000 borrowed at CIBC’s… Read More
The price of corn is something that’s weighing heavy on the minds of producers right now. Not producers only, but everyone affected either directly or indirectly with the crop is wondering where corn will top out and where it’s headed as we look to 2013. In this episode of the Corn School, Moe Agostino of… Read More
Are you having trouble looking down the line at the canola markets? You’re not alone. There are a number of sources sending mixed signals to producers. On one hand when we look at the charts, we see that the January-March futures indicate a strong sell (according to Barchart). On the other hand we see fundamentals… Read More
Demand for canola from crushers has remained strong throughout the summer months, stocks are tight and exports are good. That being said, harvest is just around the corner and a number of questions will be answered regarding actual acres and yield potential. Everyone is aware of the disastourous year that Western Manitoba and Easter Saskatchewan have… Read More
Does the canola market have room to climb further? Supply seems to be one of the main factors in the bid for a major break through $600/MT . Carry over from 2010 wasn’t that big, and demand is still good with crushers still processing. There are other reasons to think that supplies will remain tight… Read More
Markets go up and markets go down. In the last thirty days canola has taken quite a run in multiple directions. Is it overbought, oversold or just right. Ask all of us in November. The trading range of $500 – $600 per tonne seems to be a real opportunity to trade the range but for… Read More
At the recent Canada Grains council meeting a listened to a full day of discussions around Canada’s market access issues across all the main crop types. The recent market access issues with canola are well documented and continue to challenge the countries trade attempts. With 85-95% of Canada’s canola crop getting exported, trade is very… Read More