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Canola

Canola oil was Canada’s second-highest-valued export in 2016, at US$2.3 billion. Photo: File
Crops, Livestock

Reports highlight strengths, weaknesses of Canadian ag exports

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Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global
Dacotah farmer Pam Bailey is the first woman to serve as a Manitoba Canola Growers Association director. She and three other nominees have been acclaimed to office.
Local news

First woman acclaimed to Manitoba Canola Growers’ board

Dacotah farmer Pam Bailey becomes board's first female member

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The Manitoba Canola Growers Association (MCGA) doesn’t need to run an election for directors this fall so the association’s first optional online voting won’t be held. However, the association made history in a different way — acclaiming its first woman director. Four directors’ positions were open and only four people had thrown their hats in
Photo: File
Crops, Livestock

Canadian agricultural exporters urge Trans Pacific Partnership without U.S.

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The Canadian Agri-Food Trade Alliance (CAFTA), added its voice to the long list of Canadian agricultural exporters urging the federal government to achieve a trade deal with the 11 remaining Trans Pacific Partnership members. The planned summit in Vietnam next week represents a unique opportunity for Canada to take the forefront in negotiations as the
U.S. biofuel trade fight benefits canola futures
Grain Markets, Markets

U.S. biofuel trade fight benefits canola futures

ICE Futures Canada pulls the plug on barley and wheat

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ICE Futures Canada canola contracts climbed to their highest levels in more than two months during the week ended Oct. 27, as declines in the Canadian dollar and gains in U.S. soyoil provided double the support. The currency was the biggest driver, falling below 78 U.S. cents for the first time since July. The drop
Crops, Markets

ICE weekly outlook: Canola trending higher

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CNS Canada — ICE Futures Canada canola contracts continued their steady upward trend during the week ended Wednesday, posting their highest daily settlements since July. Continued strength is possible, but those gains will depend on activity in the Canadian dollar and the U.S. soybean market. “There’s a firm tone in canola,” said Errol Anderson of
Canola Growers calls for co-ordinated food policy
News, Oilseeds

Canola Growers calls for co-ordinated food policy

The national rethink of food policy is a perfect opportunity to get rid of a conflicting regulatory and promotional mishmash

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The federal government needs to get its house in order if it wants an effective national food policy. In particular it needs to provide more co-ordinated policies for farmers, according to Jack Froese, president of the Canadian Canola Growers Association, speaking recently to the Commons agriculture committee in Ottawa. The problem isn’t a lack of
Japan’s Imperial Palace and Nijubashi Bridge, in Tokyo. (CIA.gov)
Markets

TPP talks without U.S. near final stretch

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Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial
Canola draws strength from U.S. biofuel policy moves
Grain Markets, Markets

Canola draws strength from U.S. biofuel policy moves

Slim supplies of high-protein wheat held up MGEX futures

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Canola futures knocked at upper resistance repeatedly over the week ended Oct. 20, but held rangebound for the most part before finally breaking higher on Thursday and Friday. Gains in Chicago soyoil provided the spark for the eventual move higher in the Canadian market, as veg oil markets reacted to news the U.S. Environmental Protection
Grain movement is already prompting some concerns this season, with a larger-than-average crop in the bin.
Crops, News

Unexpectedly big crop moving slower than last year

That worries KAP president Dan Mazier, but the WGEA and 
grain monitor aren’t overly concerned — yet

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Western Canada’s bigger-than-expected crop is moving to export slower than at last crop year’s record pace, and while grain companies aren’t panicking, Keystone Agricultural Producers’ (KAP) president Dan Mazier says it’s costing farmers. “It may not be a crisis, but it’s still taking money out of farmers’ pocket,” Mazier said in an interview Oct. 20.
Crops, Markets

ICE weekly outlook: Canola enjoying broad-based support

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CNS Canada –– ICE Futures Canada canola contracts are benefiting from developments down south. The U.S. Commerce Department on Monday imposed antidumping duties on biodiesel imported from Argentina and Indonesia. The department claimed the fuel was being sold at prices below market value in the U.S. The move was enough to lift soyoil in the

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