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Canola

Just how big is Brazil’s soybean crop?
Markets, News

Just how big is Brazil’s soybean crop?

Expert’s Radar: Some perspective on this, and other issues

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On a recent trip to Toronto, I could see the CN Tower from my hotel room. It looked impressive, but not that impressive given the view of nearby buildings appearing much larger than the thin tower in the distance. Then, looking back toward the hotel from two miles away and 114 stories in the air,
The drier the Prairies become, the more likely canola prices will increase.
Grain Markets, Markets

Canola prices fall, but still remain rangebound

High drought risk could kickstart the canola market this summer

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Canola took a tumble to close out the week ended April 11, pressured by losses in Chicago soyoil and other oilseeds.  The old crop May canola contract fell back from the week’s high of $643.10 per tonne at the close on April 5, and fell to $624.30 on April 11. Declines for the new crop
Crude oil prices are just one factor affecting canola prices.
Grain Markets, Markets

Crude oil correction could corral canola markets

Black gold underpins all commodity markets, including agriculture

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In the world of commodities, crude oil rules, even when it comes to agriculture. It is needed to power the tools and the equipment to seed, harvest, transport and, in some cases, turn crops into final products. Some of those products are also in competition with crude oil itself. As a result, oilseeds and vegetable
The future of Canada’s seed industry regulations are on the table. Farmers still have a chance to weigh in.
News

Calling grain farmers: Feedback needed on seed modernization next steps

Online survey next step in debate over who should control what under seed regulations, and how that will affect farmers

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[UPDATED: Apr. 23, 2024] As farmers enter one of their busiest times, they’re being asked to help shape Canada’s future seed regulations via online survey. The survey (found at the Government of Canada website) closes May 1 and is part of the seed regulatory modernization (SRM) process launched in September 2020 by the Canadian Food
An exporter with Parrish & Heimbecker forecasts that China will buy 4.07 million tonnes of Canadian canola in 2023-24.
Crops, Oilseeds

Australian canola a ‘thorn in our side’

The country has become a major competitive threat to Canada’s canola sector

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Glacier FarmMedia – Canada is facing stiff competition from Australia in many canola export markets. “They’re here to stay,” said Jarrett Beatty, an exporter with Parrish & Heimbecker, during the Canola Council of Canada’s Canola Utilization Forum earlier this year. “Unless they have an environmental issue, they’re going to continue to be a bit of

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