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ICE Close: CN Rail Settlement Fails to Rally Canola

Canola futures settled lower on Tuesday, despite a tentative agreement in the week-long CN Rail strike.
 
The two sides in the dispute reached a deal this morning, with workers expected to be back on the job beginning this afternoon and early tomorrow. The walkout had negatively impacted grain movement across the Prairies and put some pressure on canola prices.
 
However, canola futures didn’t respond well to the news of the settlement, with some pressure on values coming from losses in Chicago soybeans.
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Spring Planting Prep Just Got Serious… We NEED This!

Video: Spring Planting Prep Just Got Serious… We NEED This!

Getting closer to planting season means one thing… it’s time to get EVERYTHING ready.

Today didn’t go exactly as planned—we thought we’d be hauling potatoes again, but instead we spent the day digging equipment out of the cellar, hooking up the grain drill, and getting tractors ready to roll. With wheat planting just around the corner, every piece of equipment matters.

Of course, it wouldn’t be a normal day without a few problems… dead batteries, hydraulic issues, and a truck tire that absolutely refused to cooperate. We tried everything—jump packs, bead bazooka, ratchet straps… and eventually had to bring out the “big guns” just to get things moving again.

But that’s farm life—adapt, fix, and keep moving forward.

We’re getting close to go-time. Wheat seed is coming soon, and planting season is right around the corner