Canola Trade Bullish Despite Big Forecast

Canola futures on the ICE Futures Canada trading platform posted some modest advances during the week ended Aug. 26 despite the fact that a crop production survey from Statistics Canada estimated output of the crop at a record-size level. The government agency’s survey for the period ended July 31 said canola production in Canada during

CWB Sees More Wheat And Durum This Year

The Canadian Wheat Board raised its 2011-12 outlook for wheat and barley on Friday, as a warm, dry summer looks to produce bigger harvests than a year ago. Spring floods left an estimated six million acres unplanted across the Prairies, but a hot summer with timely rains has helped crops in Alberta and most of



Study Finds Supply Management Superior To Free Market

Despite frequent criticism from free market advocates, Canada has been well served by supply management of milk, according to a new study. In recent years, dairy prices outside Canada have soared and then plummeted – leaving many producers unable to pay their bills and creating headaches for governments, according to a study prepared by Prof.

Canada Is Exporting Fresh Water In Commodities

Canada is giving away massive amounts of fresh water in the form of exported grain, meat and food products as well as other commodities, the Council of Canadians says in a report. It says the agriculture industry accounts for 70 per cent of the water shipped from the country. It calls the moisture content of


Wto Backs Canada On COOL

Canada appears to have won at least a partial victory in challenging a U.S. country-of-origin rule for labelling meat sold in grocery stores. Media reports last week said a World Trade Organization dispute panel ruling favours a trade challenge by Canada and Mexico against the COOL regulation. If so, it would overturn key portions of

Cargill Calls For Orderly End To Orderly Marketing

The Canadian government should give the grain industry at least six months to adjust before ending the Canadian Wheat Board’s grain monopoly, the chief executive of Cargill’s Canadian subsidiary said May 11. A good time for the change, which would allow Western Canada’s farmers to sell their wheat and barley to anyone they choose instead

Optimistic Outlook For Seaway

The St. Lawrence Seaway accomplished a remarkable turnaround in 2010 and is hoping to perform even better this year as the North American economy recovers. It wanted to start the 2011 navigation season with a splash so it picked March 22, an earlier- than-usual opening. Then Finance Minister Jim Flaherty selected March 22 for his


Cold Weather Limited Top-Grade Canada Canola Supplies

Top-grade canola made up just three-quarters of last year’s crop in Western Canada, the lowest proportion in six years, after too much rain and cool weather kept the oilseed from fully maturing, a Canadian government report said. Canada is the world’s top exporter of canola. In contrast to last year’s limited canola production, the top-quality

Washington’s Tough New Food-Safety Law Could Affect Canada

While it’s too soon to tell for sure, the new U.S. food-safety law could become another big headache for Canadian food exporters. The law, to be implemented over the next 18 months, gives the U.S. Food and Drug Administration powers similar to the Canadian Food Inspection Agency, namely the authority to proactively protect the food