Mature canola waits for the combine in late September 2024.

Future of Canadian canola could lie in its parts

More value and better markets for canola components, not just the seed, could be key to the future of the sector

The future of canola isn’t necessarily about yield. Industry needs better value, markets and quality of the oilseed’s parts, says seed company representative.

Canola market due for decline

Canola market due for decline

Canola prices are set up for a fall, although the two-week market rally was nice while it lasted

Canola prices are set up for a fall, although the two-week market rally was nice while it lasted


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ICE Canada Weekly: Canola could enter narrow range

Soyoil, loonie, StatCan report among supportive factors

As the turnaround in canola continued, analyst said there are three factors underpinning the swing upward. David Derwin, commodities futures advisor for Ventum Financial in Winnipeg, pointed to the gains made by soyoil futures on the Chicago Board of Trade, the weakening of the Canadian dollar, and the reduction in the canola harvest made by Statistics Canada.