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News, Oilseeds

U.S. lapping up Canadian canola oil

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Reuters / Canada’s canola crushers are processing the oilseed at a record-brisk pace, as demand for canola oil heats up among U.S. makers of biodiesel and food products like potato chips. The United States has long been a key export market for canola, Canada’s second-biggest crop after spring wheat, but its appetite has spiked in
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OUR HISTORY: April 19, 1962

Our April 26, 1962 issue reported on ice jams and flash floods in southern and western Manitoba, conditions in stark contrast to the news item below, which was on slow pasture recovery following the drought of 1961, the driest year on record in Western Canada. Accordingly, another story reported that on-farm grain stocks were the
Crops, Grain Markets, News, Oilseeds

Market access to China key to expanding Canadian canola exports

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Tariff issues push blackleg concerns aside as Canada works to negotiate better access to China’s growing market

If you’re thinking of heading into the canola markets, it might be time to brush up on your Mandarin and Cantonese. China and its growing economic influence featured prominently during discussion on growing export markets at the Canola Council of Canada’s (CCC) convention in the American capital, largely because it is expected to feature prominently
Crops, News, Oilseeds

2011 canola crop high in quality and oil

  Last year’s canola crop was high quality with a larger-than-normal oil content, according to a recently released report from the Canadian Grain Commission. Of the 1,749 samples analyzed, 85.0 per cent graded No. 1, which compares with 75.3 per cent in 2010. The highest-quality crops were in Manitoba and Saskatchewan. Oil content was pegged
Crops, Grain Markets, News, Oilseeds

China to partly lift ban on Canada canola imports

beijing / reuters /Chinese quarantine authorities will allow imports of Canadian canola by some selected crushers located in major growing areas, partially lifting a 2009 ban it imposed because of blackleg concerns. The import relaxation, likely to be cleared in the second half of the year, would further boost Canadian canola exports later in the
Beef cattle, Cereals, Dairy cattle, Livestock, News, Oilseeds

China trip boosts food industry

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Prime Minister Stephen Harper’s trade mission to China seems to have opened doors for major Canadian agri-food exporters. Now they’ll have to translate those agreements into orders. The beef, pork, pulse and canola sectors all received special attention during the visit and the Canadian Wheat Board got to remind everyone it isn’t going out of
Cereals, Crops, Grain Markets, News, Oilseeds

Expect canola industry to seek even more acres

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ICE Futures Canada canola contracts remained pointed decidedly higher during the week ended Feb. 17, showing no real signs of slowing down. Similar gains in the Chicago soy complex did provide some underlying support to the Canadian futures, but canola was also benefiting from its own bullish fundamental and technical factors. Depending on the chart
Crops, News, Oilseeds

China ban on Indian meal could benefit Canadian canola

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China will boost imports of rapeseed and rapeseed meal from Canada, after Beijing banned Indian meal after tests showed it contained a toxic chemical. If China buys more canola, from Canada, the world’s top exporter, it could firm ICE canola prices, which have been rising for the past two weeks in anticipation of larger imports.

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