FILE PHOTO: Customers speak with a salesman at a BYD dealership in Sant Cugat del Valles, near Barcelona, Spain, September 12, 2025. REUTERS/ Albert Gea/File Photo

Canadian canola futures vibing

It’s Your Business: Words from China’s ambassador were interpreted positively by the canola market

Recent comments from Chinese and Canadian officials offered a shot of positive vibes that lifted ICE canola futures to their highest levels in a month, even without any actual concrete developments on the trade front.

Canola stands ready for harvest in central Manitoba.

Vegetable oil demand may offset bad biofuel news

Global biodiesel/renewable diesel demand for canola oil to slump, but overall vegetable oil demand seen increasing

Global biodiesel and renewable diesel production is expected to decline for the first time in a decade, and that’s bad timing for a Canadian canola industry looking for new markets to sell the oilseed.











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Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.