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Canola

The loonie’s value against the U.S. dollar climbed to around 83 U.S. cents over 2021, but was set to close out the year near where it started, around 77.
Grain Markets, Markets

Prairies’ drought outweighed COVID among market movers

Canola speculators still held large net long positions heading into 2022

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The Prairie drought was the major market-moving story of the year for Canada’s grains and oilseeds in 2021, even supplanting the ongoing worldwide pandemic as the primary topic of discourse for much of the year. While the uncertainty of the global reaction to new variants will keep COVID-19 as an influence in the financial markets for some time,
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops

Dreyfus chair owes US$240 million after ADQ deal

Stake sale's proceeds going to repay loan

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Paris | Reuters — Margarita Louis-Dreyfus, chairperson and main shareholder of Louis Dreyfus Co., borrowed about $240 million from Credit Suisse in a reduced loan arrangement following the sale of a stake in LDC, an annual company report showed. Louis-Dreyfus told Swiss business magazine Bilanz in late 2020 she planned to use the proceeds of
(Richardson International video screengrab via YouTube)
Crops

Lethbridge canola crusher workers reject contract offer

UFCW to seek mediation

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Unionized workers at Richardson International’s oilseed crush plant at Lethbridge, Alta. plan to seek mediation after voting to reject the company’s contract offer. United Food and Commercial Workers (UFCW) Local 401, which represents about 140 workers at the Lethbridge plant, said Monday its members had voted 79 per cent to reject the offer. The workers’
(Photo courtesy Canola Council of Canada)
Grain Markets, Markets

Grain markets go into holiday mode

FUTURES | Speculators’ long position poses a serious threat to canola values

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After a tumultuous week of downturns and upticks, ICE Futures canola moved a little, particularly in the nearby January and March contracts. In highlighting the markets going into holiday mode, the nearby January contract stepped back $7 per tonne since Dec. 9, while the March contract gained $4. As the holidays approach, it’s clear traders want to
Editor’s Take: Getting with the times
Editorial, Op/Ed

Editor’s Take: Getting with the times

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I have many memories, when I was a kid, of trips to the elevator. We’d roll up the driveway and earthen ramp, into the building and over the pit. The man on duty that day — and back then it was always a man — would greet my father as we stepped off the scale.
Contact MCGA if you get more than one election ballot
News, News & Opinion

Contact MCGA if you get more than one election ballot

Despite its best efforts, sometimes a farmer will show up more than once on the Manitoba Canola Growers Association's checkoff list

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If a Manitoba canola farmer received more than one ballot for the Manitoba Canola Growers Association’s (MCGA) election they should contact the MCGA’s office for clarification, MCGA executive director Delaney Ross Burtnack said in an interview Wednesday. One Manitoba farmer told the Manitoba Co-operator he received two ballots for the election underway, in which five

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 20, 2026

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