(Reuters) — ICE Canada canola futures climbed today for a third straight session, buoyed by a lack of moisture in parts of the Canadian Prairies and spillover strength from U.S. soyoil values, traders said. November canola rose $5.50 to settle at $511.20 per tonne, and January canola ended up $5.40 at $516.50. Chicago Board of […] Read more
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ICE Canada canola futures climb for third straight day
Canola futures end higher in thin volume
(Reuters) — ICE Canada canola futures rose today in light volume following a long holiday weekend, supported by dry conditions in portions of the Canadian Prairies and spillover strength from allied vegetable oil markets, traders said. November canola rose $5.40 to settle at $505.70 per tonne, and January canola ended up $5.40 at $511.10. Total […] Read more
Sask. Pulse Growers keep reduced checkoff for another year
Saskatchewan Pulse Growers has decided to keep its levy at a reduced level for at least one more year. The mandatory levy on pulses and soybeans was dropped to .67 percent of gross sales from one percent on Aug. 1, 2016, in response to complaints from ratepayers. It will stay at that level for another […] Read more
Weaker dollar helps push canola higher
Canola ended a waffling week with an up day, as Canadian dollar weakness helped strengthen what had been a weakening commodity. November canola edged above $500 per tonne and January pushed to $505.70, as the loonie weakened to almost 79 cents U.S. Generally it was a day that ended with little movement in most crop […] Read more
Cattle producers lose access to Sask. river
Several cattle producers along the Wood River in south-central Saskatchewan have to move about 1,000 head to different pastures after water quality in the river declined unexpectedly. The issue arose earlier this week after Saskatchewan Mining and Minerals, based at Chaplin, diverted water from the river for its sodium sulfate operations. As a result, oxygen […] Read more
Dryness takes toll on Australian crop
The Australian Oilseeds Federation’s July crop report forecasts a crop of 3.12 million tonnes, down more than a million tonnes from last year’s bumper harvest. The report said extremely dry weather in Western Australia and South Australia meant some seeded field failed to germinate and were re-seeded to cereals. New South Wales and Victoria fared […] Read more
Albertans urged to report illegal garbage dumping
Is the August long weekend an ideal time to dump trash in Alberta’s camping regions? The provincial government says no. Definitely not. It reminded Albertans Aug. 3 to call the Report a Poacher hotline if they see any abuse of public land while they are out and about this weekend or at any time. In […] Read more
Cattle futures rise Thur. on stronger beef
By Theopolis Waters CHICAGO, Aug 3 (Reuters) – Chicago Mercantile Exchange live cattle futures finished in bullish territory for a third straight session on Thursday, helped by firmer wholesale beef values, said traders. Technical buying and futures’ discounts to cash prices so far this week provided additional market support, they said. August ended 0.700 cent […] Read more
Hot, dry American summer unlikely to dent USDA’s corn harvest view
CHICAGO, Aug 3 (Reuters) – The full impact of a hot and dry summer in the U.S. Midwest is unlikely to show up in the government’s next estimate of the U.S. corn crop as it typically makes just small adjustments to its harvest outlook during August. The U.S. Agriculture Department will update its yield projection […] Read more
The big dry
Relentless heat continued to take a toll on crops in western and southern Saskatchewan this week, turning what might have been an above average harvest into one that will be average at best in some areas and below average in others. In southwestern Saskatchewan, daytime temperatures peaked at more than 38 C July 30, capping […] Read more
