CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted the previous week and represent
Tag Archives canola exports
Visible canola stocks tightest in nearly three years
Canada’s canola stocks drop beneath ‘low’ line
CNS Canada — Canola supplies in commercial hands in Western Canada dropped below one million tonnes during the week ended Sunday, hitting only 854,600 tonnes, according to the latest Canadian Grain Commission report. Visible canola stocks are typically considered low whenever they move below one million tonnes. Current supplies on hand are the smallest since
Visible Canadian canola stocks tighten
CNS Canada –– Canola supplies in commercial hands in Western Canada are tightening, with the latest Canadian Grain Commission weekly report showing only 1.05 million tonnes in the pipeline as of Sunday. Visible canola stocks are typically considered low whenever they move below one million tonnes. The current supplies on hand are the smallest since
Canadian canola exports picking up
CNS Canada — Weekly Canadian canola exports hit their second-highest level of the marketing year to date during the latest reporting period, although total out-of-country business is still running behind the year-ago level. Canada exported 293,300 tonnes of canola during the week ended Sunday, according to the latest Canadian Grain Commission data. That compares with
Canola most sensitive to potential trade disruption
A long list of pesticide residues and other issues have the potential to derail canola exports
Few Canadian crops rely on exports as much as canola so making sure they don’t contain pesticides customers prohibit is critical to protecting markets, the Canola Council of Canada (CCC) says. “Canada exports 90 per cent of the canola we produce, and shipments containing even the smallest amount of unacceptable residues or deregistered varieties can
China delays new canola rules in late reprieve for Canada
Beijing | Reuters –– China agreed on Wednesday to delay introducing stricter rules on shipments of canola from Canada while both countries work to end a months-long trade spat over sales of the oilseed, offering an 11th-hour temporary reprieve for Canada’s farmers. Just a day before the new standards were due to go into force,
Canadian canola exporters book sales to China
Winnipeg | Reuters — Canadian exporters are making small sales of canola to China under Beijing’s stricter terms, an industry group and three sources said, possibly undermining Ottawa’s hardline negotiating stance with the world’s top market for the oilseed. The dispute over the new shipping standard, which industry groups in the world’s biggest canola exporter
China’s canola meal supply may fall under tighter standards
Beijing | Reuters — China may suffer a shortage of canola meal, a protein-rich feed ingredient, after Beijing plans to toughen the import standards for the oilseed from major exporters, industry analysts said. China will allow no more than one per cent of foreign material in canola shipments starting April 1, the country’s quarantine agency
China tightens dockage rules on Canadian canola
Reuters — The Canadian government confirmed Wednesday that China has toughened its standard for canola shipments, an action that traders say may discourage sales to the country. China, Canada’s top canola export market, notified Ottawa on Tuesday of the new measures, Canadian Food Inspection Agency (CFIA) spokeswoman Tammy Jarbeau said in an email statement. Reuters
Canola exports seen moving slower than expected
CNS Canada –– Sales of canola out of the world’s top canola-exporting country are moving slower than merchants had anticipated — and market watchers attribute Canada’s sluggish pace to high prices and low global demand. “The export story right now is quiet,” said Peter Schutz, canola merchant at Richardson International, attributing it to a lack
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