Some hot gossip affected canola market sentiment in October
Canola
Canola market hinged on rumours and reaction
Some hot gossip affected canola market sentiment in October
Tariff fears trigger Chinese buying
With this spectre looming over Canadian canola, Chinese buyers are front loading their purchases
With tariff threats looming over Canadian canola, Chinese buyers are front loading their purchases.
Verticillium finds friendly ground in alkaline soil
Research finds higher soil pH worsens verticillium infection
Researchers have learned that Verticillium longisporum, the fungus that causes verticillium stripe in canola, thrives more in slightly alkaline soil. Fungal colonies were larger at higher soil pH.
ICE Weekly: Malaysian palm oil supports canola prices
Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.
Is the biofuel market cooked?
A flood of cheap imported feedstocks like used cooking oil from China is undermining growth in the U.S. biofuel market for crops like canola and soybeans
A flood of cheap imported feedstocks like used cooking oil from China is undermining growth in the U.S. biofuel market for crops like canola and soybeans.
Canada’s renewable diesel projects hit by US import surge
Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Fund short position in canola smallest in six months
The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Alberta harvest wraps up
Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.
U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).
Canola goes bullish
A few factors have lined up to improve the outlook for canola
Canola futures markets have improved by about $100 per tonne over the past month, trading in mid-October at their highest levels since the end of July.
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