Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.
Tag Archives canola exports
Canadian canola crush hit record in 2023: StatCan
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
ICE canola weekly outlook: Possible support uncovered
Chicago soyoil has shown some stability, underpinning canola
The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.
China accounting for bulk of Canadian canola exports so far
Chinese wheat imports roughly half of last years' at same time
China has done most of the heavy lifting when it comes to Canadian canola exports through the first three months of the 2023/24 marketing year (Aug/Jul), according to the latest international trade data released Dec. 6.
Statistics Canada reported canola exports through October at 1.566 million tonnes, with China accounting for 64 per cent of the total (1.006 million tonnes). Japan and Mexico followed at 273,300 tonnes and 196,900 tonnes respectively.
ICE weekly outlook: Canola futures looking for bottom
Crushing pace remains aggressive
MarketsFarm — ICE Futures canola contracts fell to their lowest levels in three and a half months during the week ended Wednesday, taking some direction from Chicago soyoil as harvest activity winds down across the Prairies. Losses in other markets, including Malaysian palm oil and European rapeseed futures, added to the declines in canola. “Everybody
Weekly Canadian canola exports climb higher
MarketsFarm – An influx of freshly harvested supplies saw weekly Canadian canola exports hit their highest level in nearly two years at the end of September 2022, according to the latest Canadian Grain Commission report. The 300,500 tonnes of canola exported during the week ended Oct. 2 marked the first time exports topped 300,000 tonnes
Total Canadian canola exports solid, despite lost sales to China
Canadian canola exports are running well ahead of the year-ago pace with increased business to Europe and the United Arab Emirates more than making up for reduced sales to China, according to the latest monthly export data from the Canadian Grain Commission. Canada has exported 9.166 million tonnes of canola during the 11 months of
Grain exports flow fast as pandemic lockdowns clear rail capacity
Traffic accelerates on lower coal, crude volumes
Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited
The Chinese/canola puzzle
What’s really behind the canola ban?
Huawei, dockage or both? When it comes to China’s strategy on Canadian canola seed it’s anyone’s guess to which takes precedence. “Who knows how much weight is given to the dockage issue,” Canadian Canola Growers Association president and CEO Rick White said in an interview March 31. “I think they just want to control it.
Editor’s Take: One year later, still no traction on canola issue
At times Canada’s trade situation brings to mind the one-hit-wonder of the 1970s, Stealers Wheel, and their song “Stuck in the Middle With You.” Instead of clowns to the left and jokers to the right, however, it’s more like canola bans to the east and indifference to the south. As the international geopolitical ground shifts
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