Cereals lower, while canola rises on soft dollar

Soybean oil and a softer Canadian dollar helped canola move up on Thursday’s markets, as traders gave back some of the previous two weeks declines. November canola finished at $495, up $3.70 per tonne on ICE futures. January rose above $500, up $4.10 to $502, March up the same, to $506.90 and May was up […] Read more

Wheat wins on rumours, canola rises with soy

Canola finally moved off its downward trajectory, settling up $2.70 per tonne over the day, finishing at $488.60 on the ICE futures market. March and May canola held at and above $500, while canola appeared to grab some technical support around $490 as it fell against that number a couple of time during the session. […] Read more

Canola below $490, chasing the beans lower

Soybeans continued lower again on Chicago, taking canola along for the ride. American trade-related subsidy programs, now up to US$12 billion, are exacerbating the fall, as that country’s taxpayers shoulder the burden of avoiding the political pressure of starving out U.S. farmers and processors over a trade war with China. Canola was down more than […] Read more

NAFTA-not fails to excite markets

NAFTA or a lack of it was not on the minds of traders Monday, at least when it came to grains and oilseeds. It likely did fuel some fire under lean hogs and feeder cattle, as those posted positive results on the day. And despite a lack of North American trade deal and its potential […] Read more

Canola made significant gains on the futures market, rising on the shirt-tails of soy oil. Combined with a falling Canadian dollar canola grew by $8.50 on May and July contracts as crush margins improved.  |  Michael Raine photo

Canola slides up on soft dollar, greased by soy oil

It was a good day to be a canola future, as the Canadian dollar went down and soy oil rose more than half a cent per pound. The combination carried canola up $8.50 per tonne for May and July contracts and $9 for November. May closed at $520.90, while July finished at 526.40. A limited […] Read more

Police are seeking suspects in a break-in and shooting at the farm of a 79 year old couple near North Battleford, Sask.  |  File photo

Shot fired into farm-couple’s home near North Battleford

A 79 year old farm couple were awakened at about 5 a.m. Sunday morning west of North Battleford, Sask., by an alarm. North Battleford RCMP say they were called to the farm by the residents after a gunshot broke the window of a house, following a person being spotted on the home’s deck. RCMP are […] Read more

Commodities, canola hold on

Canola held on to most of the gains made earlier in the week, riding the tails of the bigger commodities, especially soybeans. But, a rising Loonie took some rungs off the ladder at the end of today’s trading. Wheat was not so lucky, as its rise was punched down with some profit-taking removing some dough […] Read more

Innovations like these steps in pre-commercialization research at the cereal genomics lab at AAFC in Lethbridge. Alta. are targets of the new federal agricultural investments.  |  WP file photo

New federal ag program announced

  Six federal programs designed to get new agriculture and food projects up and running and support the existing industry launched Feb. 13. Lawrence MacAulay chose Canada’s national agriculture day to set the $3-billion ball rolling down a five-year lane. Included in the federal minister’s announcement were $2 billion in federal and provincial cost-shared programs […] Read more