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Canola Starts the Week in the Green

Canola futures started the week on a higher note, boosted by expectations of lower canola yields in some regions in Alberta due to wet growing conditions.
 
Strength in vegetable oils also supported canola prices. Malaysian palm oil gained strength from reports of lower stocks at the end of July while Chicago soyoil was higher based on expectations of continued export demand from China.
 
Strength in the Canadian dollar limited the upside for canola.
 
November canola gained $2.10 to $486.90, January was $2.60 higher at $493.90 and March added $3.60 to $499.30.
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How to Get Your Farm’s Estate Plans to the Finish Line

Video: How to Get Your Farm’s Estate Plans to the Finish Line


Presented by Darrell Wade from Farm Life Financial

This presentation was part of Farm Transition Appreciation Day January 12, 2021, celebrating farm transition planning at every stage and helping you and your farm team take the next step in farm transition.

Proper execution of your estate plan is critical to long-term, multi-generational success. Ensure that your plan is built to provide peace of mind by:

o Protecting Against “What-Ifs”
o Securing Your Farm’s Future
o Moving Ownership Now vs. the End
o Examining Fair vs. Equal

For more farm transition resources, visit farmtransitionguide.ca, a one-stop-shop for transition planning tools and resources.