Farmers Support GE Crops, Saskatchewan Researcher Says

A poll conducted among Prairie farmers has found widespread support for herbicide- tolerant crops, says a University of Saskatchewan researcher. The poll also showed arguments from groups opposed to genetically engineered varieties don’t ring true with producers, Stuart Smyth, who was raised on a Saskatchewan farm, told the Grow Canada conference. Farmers are using less

Monsanto Committed To Canola

Derek Penner was an infant when canola, a healthier derivative of rapeseed, was first developed in 1974 at the University of Manitoba in collaboration with Agriculture Canada. Last week, the youthful president of Monsanto Canada helped open Monsanto’s new $12-million canola-breeding centre at the U of M’s Smartpark. “It embodies Monsanto’s very best in research


Canada’s Record Canola Crush To Spur By-Product Exports

Increased crush capacity in Western Canada will result in a record amount of canola being processed during the current crop year and boost exports of canola oil and meal, according to a government analyst. “Right now, I am forecasting that processors in Canada will crush 5.5 million tonnes of canola,” said Chris Beckman, an oilseed

China’s Tight-Money Policy Drags Down Commodities

Canola futures on the ICE Futures Canada trading platform maintained an upward price trend for much of the week before the Chinese government’s decision to keep a tight monetary policy sent world currencies into a frenzy and sparked a massive speculative sell-off of commodity positions. The speculative liquidation essentially sent CBOT (Chicago Board of Trade)


Loonie’s Rise Doesn’t Slow Canola’s Climb

Canola futures at ICE Futures Canada were higher during the week ended Nov. 8, continuing the steady climb that’s been in place since the beginning of October, and going back to June in the monthly charts. While underlying concerns about the size of the Canadian canola crop remain supportive overall, the gains this week were

Canola Trend Seen Continuing Upward

Canola futures on the ICE Futures Canada trading platform continued their upward trek during the week ended Oct. 22. The strength displayed by canola was again linked to Canada’s domestic processing industry who have an aggressive crush program in place. Favourable crush margins and good canola product sales on the books have resulted in this


Seed Ban Has Silver Lining

China’s partial ban on canola seed imports from Canada last year was a boon to value-added exports of oil and meal to that country. While exports of canola seed to China fell in 2009 after it declared it would no longer accept Canadian canola unless it was certified free of the fungal disease blackleg, exports

Farmers Welcome Canola Crush Expansion

Bunge’s plan to more than double the capacity of its canola-crushing plant at Altona to 2,500 tonnes a day is good news for farmers, but it also means they’ll have to grow more canola. “We’re always glad to see investment in the canola crush because it creates demand and more demand must mean they are


Dow AgroSciences Touts Profit Potential Of Nexera Hybrids

Nexera canola varieties are a good deal for farmers and will only get better, according to Dow AgroSciences. Nexera canola is known for its highly stable oil, which has a long shelf life and therefore doesn’t have to be hydrogenated, a process which creates trans fats. But the knock has always been that Nexera varieties

Production Down: No Surprise

Grain and oilseed production estimates in the latest crop production survey from Statistics Canada for the period ended Sept. 9 held few surprises, according to industry sources. “Some of the production estimates were a bit smaller than had been anticipated, and that was the only real surprise,” said Ron Frost with Agri-Trend Marketing Inc. and