The annual demand for biofuel in Canada is expected to reach 10 billion litres by 2030.

Carbon intensity is ‘game changer’

To stay competitive, canola will have to improve its score

Glacier FarmMedia – Bob Larocque had one takeaway from his presentation at Canola Week 2023. “Remember carbon intensity because that’s the game changer,” said the president of the Canadian Fuels Association. That factor will help determine the value of canola when large volumes of the crop are being consumed by the renewable diesel sector. His


Photo: Greg Berg

ICE weekly outlook: No reason for strong rally in canola 

Canola likely to pull back once trading gets back into full swing in New Year

There were strong gains for canola on the Intercontinental Exchange on Dec. 27, as trading resumed after being closed for Christmas and Boxing Day. However, the gain will likely not be the prelude to a major upswing in the oilseed’s prices. Rather, canola is likely to pull back once trading gets back into full swing after the New Year, according to analyst Bruce Burnett of MarketsFarm.

A recent major league baseball saga is a good reminder of how grain and oilseed markets can also find themselves caught up in hype at times, with all signs pointing one way – until they aren’t.

Baseball hype a case study for markets

Expert's Radar: Sometimes it’s too easy to be swept away in market excitement

For one brief shining moment, the best two-way baseball player in generations and most sought-after free agent this offseason, Shohei Ohtani, was definitely coming to play in Canada for the Toronto Blue Jays. All the signs were there: a private jet was flying from Los Angeles to Toronto; an upscale sushi restaurant was booked for


Bearish factors weigh on canola market

Bearish factors weigh on canola market

Larger production, higher expected carryout and even the charts are dragging down the yellow crop

The ICE Futures canola market was hard pressed to see room to the upside as it headed into the end of 2023, with relatively comfortable supplies and generally bearish technical signals overhanging the market. The March contract has lost roughly $50 per tonne since the beginning of December, trading at levels not seen since June.



The next data from StatCan will be the stocks on hand in the country as of Dec. 31.

Survey says… a lot about markets

Expert’s Radar: Production, stocks and area are three key crops figures tracked by StatCan

In the days when everyone had a landline, smartphones were non-existent and call display was rare, I once had a part-time job conducting market research phone surveys. We’d start with numbers in Atlantic Canada and end the shift calling British Columbia, following the time zones to catch people when they were most likely to be