Canola crush margins ease, processing pace stays strong

Crush margins for processors in Canada have eased to their lowest level in quite some time, but processing remains at a strong pace, according to industry sources. "Based on my calculations, crush margins for canola dropped to their lowest level in quite some time late last week to around the $23 per tonne area," said[...]

Crush margins for canola decline, processor demand strong

Crush margins for canola processors in Western Canada have been steadily declining, but demand from this sector for canola continues to remain strong, according to industry participants. "Crush margins, based on the way I calculate them, have dropped to around the $53 per tonne range, which is probably at the lowest level seen during 2012,"[...]


Chinese demand for canola to remain strong

Chinese demand for Canadian canola will remain strong during the upcoming 2012-13 crop year, according to a government analyst. There is the potential for Canada's shipments to China to rise further but that will depend on how successful recent visits by Canadian officials were in removing restrictions imposed on Canadian canola imports over blackleg concerns.[...]

Canola export outlook changes amid production shortfall

Canadian canola exports during the 2012-13 crop year were expected to come in at a record-high level -- but smaller-than-anticipated production is now predicted to dim those prospects. Agriculture and Agri-Food Canada, in its September supply/demand outlook, had forecast Canada's 2012-13 canola export program to come in at a record 8.701 million tonnes, with Japan,[...]


Stocks report confirms strong canola, wheat usage

The stocks in all positions report from Statistics Canada on Monday was generally within expected pre-report parameters, but confirmed usage of canola and wheat were stronger than anticipated, industry analysts said. "The stocks of canola on-farm and in commercial position as of March 31 was interesting and had friendly price implications for the futures, but[...]

Alta. farmers near ready for seeding

Minimal seeding has occurred to date in Alberta, but the return of warm and drier conditions should see seeding operations fully underway in about a week's time, according to a provincial crop specialist. "Some seeding has occurred in the extreme southern areas of the province so far, but I would say those operations are still[...]


ICE Canola Contracts Down On Strong C$, Harvest

By Dwayne Klassen, Resource News International October 13, 2010 Winnipeg - Canola contracts on the ICE Futures Canada platform were trading at mainly lower levels at midday in good volumes of activity. The continued uptrend in the value of the Canadian dollar and the favourable weather conditions across western Canada for harvest activities sparked the[...]

Prairie canola crush margins improve

Crush margins for processors in Western Canada have once again improved, which is helping to maintain high demand for the commodity at local processors. "Based on my calculations, crush margins for canola basis the July contract have improved significantly over the past month to around the $40 per tonne area," said Bill Craddock, a southern[...]


Ont. winter wheat survives in excellent condition

Winter wheat seeded in Ontario last fall is believed to have survived the winter in very good to excellent condition. "Overall there was little in the way of any winterkill reported so far this spring," said Peter Johnson, a provincial cereal crop specialist at Stratford, Ont. Out of the 950,000 acres of winter wheat seeded[...]

Few surprises in StatsCan's seeded area intentions

Statistics Canada's first look at what farmers in Canada plan on seeding in the spring of 2013 yielded few surprises, despite the acreage projection for canola being smaller than anticipated and the all-wheat estimate coming in larger than expected. "The numbers will provide a good starting point to work with on paper, but weather, prices[...]