The Alberta Environment and Parks department today reported that fertilizer company Agrium Inc. has pleaded guilty to a charge of failing to report an ammonia release from its Carseland Nitrogen facility southeast of Calgary in January 2017. The company, now known as Nutrien, was fined $28,750 for the infraction. The government department said Agrium, as […] Read more
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Agrium pleads guilty to ammonia violation
Canola drops on profit taking
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower Wednesday, for the first loss after seven consecutive trading sessions of gains. One analyst stated there was likely profit-taking today, ahead of the October supply and demand report to be released tomorrow by the United States Department of Agriculture. That report, he said, could […] Read more
Winter weather strengthens canola futures
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger Tuesday, as canola continued to demonstrated some independent strength. Along with gains in the Chicago soy complex, canola bids received support from the Prairie weather forecast. Today Alberta and Saskatchewan were hit with below zero Celsius temperatures along with light snow. The system will […] Read more
Harvest delays boost canola futures
Winnipeg, (MarketsFarm) –ICE Futures canola contracts were stronger on Friday, seeing a continuation of the past week’s rally as Prairie weather concerns remained supportive. Spillover from advances in Chicago Board of Trade soybeans added to the firmer tone. Harvest operations remain well behind normal across Western Canada, with the latest crop report out of Alberta […] Read more
Canola shipments to Europe boost Thunder Bay port activity
Winnipeg (MarketsFarm) – Cargo movement through the Port of Thunder Bay is running ahead of the previous year’s pace, with some of the extra movement tied to increased canola exports to Europe, according to the latest data from the Port Authority. Total cargo movement in September of 1.1 million tonnes compares with the 919,386 tonnes […] Read more
Canola up for the fourth straight day
Winnipeg, MarketsFarm) – ICE Futures canola contracts moved up for the fourth-straight session on Tuesday, breaking above major chart resistance as persistent Prairie weather concerns kept farmer selling on the sidelines and encouraged speculative short-covering. A rally in Chicago Board of Trade soyoil was also supportive, although soybeans settled with small losses. Large old crop […] Read more
Winners announced for Nutrien-Radicle challenge Canada
Canadian agriculture and food technology companies Terramera and Livestock Water Recycling have won the first ever Nutrien-Radicle Challenge Canada. Terramera won US$1.25 million for winning the growth-stage category after the finals held in Saskatoon, Oct. 1-2. The Vancouver-based company develops high-performance natural alternatives to synthetic chemical pesticides and fertilizers. It has also pioneered a method […] Read more
Ukraine scraps formal cap on wheat exports in favour of monthly monitoring
KIEV, (Reuters) – Ukraine has scrapped its formal cap on wheat exports in the July 2019 to June 2020 season, with the agriculture ministry instead monitoring market conditions on a monthly basis to ensure domestic supply is adequate. The ministry signed on Thursday its annual memorandum with grains traders, setting terms for wheat exports for the current […] Read more
Canola futures stronger; wheat drops
Winnipeg, (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as fund short-covering and a lack of farmer selling on the other side provided support. Gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar added to the stronger tone. The Canadian dollar was down by roughly half of a […] Read more
Harvest delays supporting canola futures
Winnipeg, (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, seeing some follow-through speculative buying after Monday’s rally. Harvest delays and quality concerns following recent snow, rain, and cold temperatures across parts of the Prairies remained supportive, according to traders. Continued strength in Chicago Board of Trade soybeans also helped underpin canola, according […] Read more
