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Tag Archives canola exports

(File photo courtesy Canola Council of Canada)
Crops, Markets

USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

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MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate
(Erdinhasdemir/iStock/Getty Images)
Crops, Markets

Canola export forecast raised for 2019-20

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MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an increase in prevent planting acres
Ag Minister Marie-Claude Bibeau speaks to media at Cigi in Winnipeg on March 13, 2019. (Dave Bedard photo)
Crops

Cash advance boost to take effect next week

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Regulations permanently expanding loan limits under the federal Advance Payments Program — and temporarily boosting interest-free advances for canola growers — are in place for applications to begin next Monday at the earliest. Agriculture Minister Marie-Claude Bibeau said Monday amendments to the Agricultural Marketing Programs Regulations are now in place to boost the APP loan
'We are absolutely confident of the high quality, cleanliness and technical superiority of Canadian canola.'
Comment, Opinion

Comment: Defending market access for Canadian canola

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Regaining full market access for our canola producers is Canada’s top international trade priority, right alongside the fight to get rid of illegal U.S. tariffs on steel and pipe products. Long before the recent Chinese action to block shipments of canola from well-respected Canadian firms like Richardson and Viterra, we have had an ongoing dialogue
(Photo courtesy Canola Council of Canada)
Crops, Markets

Joint conference brings canola producers up to speed

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MarketsFarm — The Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA) have given farmers an update on the current situation between Canada and China. The 38-minute joint webinar/teleconference last Thursday (April 18) featured CCC president Jim Everson and CCGA executive director Rick White. Everson made it clear China is still honouring
ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets

ICE weekly outlook: Canola bearish with or without China

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MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies and uncertain export prospects overhanging the market. Canadian canola exports to China are effectively non-existent right now, with the absence of that major customer casting
Foreign Minister Chrystia Freeland told the Canadian Crops Convention March 6 the Canadian government is trying to restore Richardson International’s canola exports to China. (Allan Dawson photo)
Crops, Markets

Canada working to end China’s canola block, Freeland says

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Montreal — The Canadian government is working hard to reopen Richardson International’s Canadian canola markets in China, says Chrystia Freeland, Canada’s minister of foreign affairs. “We’re working closely with Canadian farmers and Canadian industry,” Freeland said in a brief interview after speaking at the Canadian Crops Convention (CCC) here Wednesday. “Our embassy is very focused

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