Soybean Strength Lifts Canola

Dec 30, 2020

Canola traders returned from the Christmas holiday in a buying mood, with futures solidly higher on Tuesday.

Chicago soybeans provided spillover support to canola, with the US market up sharply amid the continued port strike in Argentina, which has slowed export movement of agricultural goods out of the country. Persistent dryness for the soybean crops in Argentina and Brazil added to the upside.

Tightening domestic supplies also continued to underpin canola, with Agriculture Canada this month forecasting 2020-21 ending stocks at just 1.2 million tonnes, down from the November estimate of 2.25 million and more than 61% below the previous year. If accurate, 2020-21 Canadian canola ending stocks would be the lowest since 588,000 tonnes in 2012-13 and represent a stocks-to-use ratio of just 6%.

January canola was up $8.60 at $623.80, March gained $8.90 to $617.40 and May was $5.40 higher at $603.90.

Click here to see more...

Video: Air Command Section Control for Pro-Force Spreaders

This patented section control system uses air to divert material on to different areas of the spinner disks for precise 4-section control, for an economical design by eliminating the need for added conveyor belts or movable spreader components. The section control uses the Raven RCM ISOBUS controller and a customer’s field boundary and coverage map to automatically turn off any of the four sections at any time to avoid applying valuable fertilizer in areas where it’s not needed.

This results in fertilizer savings which means more money in your pocket for a maximum Return On Investment. The powerful blower fan sends air through a 4-section manifold while the conveyor automatically speeds up or slows down as sections are turned on or off for consistent and precise fertilizer application.

• The revolutionary patented Air Command section control utilizes a pneumatic system to accurately place fertilizer onto the spinner disks to give you individualized 4-section control of your spread pattern.

• Pinpoint accuracy of four individual sections allows you to operate the system with ease. This robust design with few moving parts offers no gimmicks, just real-world results.

• The new Air Command section control option is available on pull-type models 2250 and 1850 with the new PTO drive system, and on 1450, 1250 and 1050 pull-type models with standard single hydraulics.

• Continue to do it all with the Unverferth pull-type Pro-Force Spreader. Use the Air Command section control for spreading fertilizer and in-seeding applications, while converting to single-section lime or litter application in a matter of minute