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News, Oilseeds

With canola prices on the rise, time to make a marketing plan

By
With canola prices the highest they’ve been in two years, and the added stress of harvest, it’s a good idea to have a marketing plan, says Darren Bond, farm enterprise management specialist with Manitoba Agriculture and Resource Development (MARD) in Teulon. “We have to take that step back when we are marketing our grain and[...]
News, Oilseeds

The canola price puzzle

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Many brush off the effect of China’s de facto ban on Canadian canola, pointing to record prices and huge global exports. But that’s a mistake, according to a new study commissioned by the Canola Council of Canada. LeftField Commodity Research delved a bit deeper for the council and found that between March 6, 2019 and[...]
News, Oilseeds

Ceres Global Ag Corp. making its presence known on the oilseed processing stage

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Ceres Global Ag, a publicly traded, Minneapolis-based company, was flying mainly under the radar — until recently. But the newcomer grain company made headlines May 25, announcing plans to build a 1.1-million-tonne, US$350-million canola-crushing plant at Northgate, Sask. That move brought the firm into clearer focus for many market participants, and the picture that’s emerged[...]
News, Oilseeds

Canada’s ‘Cinderella crop’ keeps on delivering for farmers

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Canada needs more canola. There’s the traditional food market for canola oil, but the renewable fuel market is catching fire — and that’s good for farmers and Canada’s economy, says Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA). But more canola seed is needed to take full advantage of the new crushing[...]
News, Oilseeds

Ceres’ plan for canola crushing ‘good news’

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"Good news all around." That’s how Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA), responded when asked about Ceres Global Ag Corp.’s plans to build a 1.1-million-tonne canola-crushing plant at Northgate, Sask. Earlier this year two other companies announced they will build new plants, and a third announced it was doubling capacity of an existing facility.[...]
Crops, Oilseeds

The pros and cons of non-GM soybeans

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Growing premium-priced, food-grade, non-genetically modified (GM) soybeans is a fit for some Manitoba farmers — but it’s not for everyone. There are important factors to consider, says Dennis Lange, Manitoba Agriculture and Resource Development’s pulse crop specialist. Non-GM soybeans grown under contract can earn a $1.50 to $2 a bushel premium over regular GM soybeans destined for the crush market. In[...]
News, Oilseeds

Know the soybean varieties you're planting

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Manitoba farmers should take note of the soybean varieties they’re planting this spring. More than two dozen will have their registrations cancelled Aug. 1, which could affect crop marketing, says Manitoba Agriculture and Resource Development pulse crop specialist Dennis Lange. The surest way to know is by planting certified seed. “The way I view soybean[...]
News, Oilseeds

Flax Council of Canada seeks new members

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[UPDATED: June 1, 2021] A reinvigorated Flax Council of Canada (FCC) is looking for new members as it focuses on market access issues, says its new CEO Wayne Thompson. “We’ve got a lot of players in the flax industry that haven’t been part of the Flax Council of Canada before,” Thompson said in an interview[...]
News, Oilseeds

Overwintered canola can still have value, but process it quickly

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Some of the unharvested canola that overwintered in 2019-20 was worth harvesting and processing based on research led by Véronique Barthet, the program manager for oilseeds with the Canadian Grain Commission’s (CGC) Grain Research Laboratory. “Grain handlers and processors had concerns about free fatty acid levels in overwintered canola crops,” Barthet said in a CGC[...]

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