Canola Archives - Page 244 of 493 - Manitoba Co-operator

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Monthly Canadian canola crush well below average

By GFM Network News, MarketsFarm Team March 22, 2019

MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over

Canola Council of Canada president Jim Everson says China’s block on Canadian canola has now expanded beyond just shipments from Richardson International. (Co-operator file photo by Allan Dawson)

Crops, Markets

China stops buying Canadian canola

By Allan Dawson, GFM Network News March 21, 2019

China has stopped buying any Canadian canola, says Canola Council of Canada president Jim Everson. “The Chinese are unwilling to purchase Canadian canola (from any company) at this time,” he said Thursday. “Trade that was executed earlier is continuing. New sales are what appears to be affected.” Earlier this month China blocked canola imports from

Canola bids have fluctuated a fair bit this last week.

Grain Markets, Markets

China one of several factors keeping canola bids in flux

Canola’s narrative today resembles that of U.S. soybeans

By Glen Hallick - MarketsFarm March 21, 2019

Being the world’s second-largest economy, there is no doubt China has a lot of economic clout. Every tidbit of news or rumour regarding China has been able to drive prices up or down within minutes — and this past week was no different. There are strong similarities between what has been happening with canola and

News, Oilseeds

Canola council moving on without Richardson

Outgoing chair optimistic about the future of canola and the CCC

By Allan Dawson March 21, 2019

When Richardson International, Canada’s largest grain company, ceased being among the Canola Council of Canada’s (CCC) core funders last year, it raised questions about the group’s future. But after a lot of hard work in 2018 reviewing its operations and setting new priorities, the CCC is in good shape, outgoing chair David Dzisiak told reporters

News, Oilseeds

Trade, market access canola council priorities

2018 saw some progress through some new trade agreements

By Allan Dawson March 21, 2019

Trade and market access are top priorities for the Canola Council of Canada (CCC), president Jim Everson told the CCC’s annual meeting here March 7. It’s not surprising given 90 per cent of Canada’s canola is exported. Last year was pivotal because new major trade agreements were taking shape or coming into force, he said.

ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets

ICE weekly outlook: Little to sustain canola bids in bear market

By GFM Network News, Glen Hallick - MarketsFarm March 20, 2019

MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s

Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)

Markets, Weather

Farm groups see something for everyone in federal budget

By GFM Network News, Gfm Staff March 20, 2019

Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy

Crops

Second U.S. jury finds Bayer’s Roundup caused cancer

By GFM Network News March 19, 2019

Reuters — A U.S. jury on Tuesday found Bayer’s glyphosate-based Roundup herbicide caused cancer, a blow to the company eight months after another jury issued a US$289 million verdict over similar claims in a different case. Tuesday’s unanimous jury decision in San Francisco federal court, which came after five days of deliberation, was not a

Will and Jen Bergmann are Manitoba’s 2019 Outstanding Young Farmers.

Local news, News

Will and Jen Bergmann named 2019 Manitoba OYF winners

The pair has embraced local food and  social media to promote farming

By Manitoba Co-operator Staff March 18, 2019

A Glenlea couple is Manitoba’s 2019 Outstanding Young Farmers. Will and Jen Bergmann of Bergmann Bros. were named the winners of the provincial award earlier this month at an event at the Elkhorn Resort. Will Bergmann grew up on the family operation, south of Winnipeg, and he and Jen returned to the farm about seven

With over 1.3 billion people, China represents a potent market for Canada's agri-food sector.

Comment

Comment: Huawei, SNC-Lavalin and sick pigs

Our relationship with China is a make-or-break one for Canadian aspirations to grow food exports

By Sylvain Charlebois March 18, 2019

Relations between China and Canada have never been more uncertain. The SNC-Lavalin affair has exposed the Trudeau government to attacks from Chinese authorities, who claim Canada has unfairly treated Huawei’s executive Meng Wanzhou. She was arrested in Vancouver in December, at the request of the U.S. due to allegations of a conspiracy to defraud banks.

Daily Network News

Mercosur and Canada near free-trade agreement with April talks

Pulse Weekly: War, weather affecting Manitoba pulse prospects

JBS posts flat Q4 profit on record sales but lower U.S. beef margins

Canola