(Dave Bedard photo)

Fund short position climbs in canola

MarketsFarm — Fund traders were active in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators increased their net


barbed wire fence and canola field

Canada rallies to restore Richardson canola exports to China

The Chinese say the ban is due to pests, but Canadians blame Huawei spat

China says it banned imported Canadian canola from Richardson International because of pests, but Canadians suspect it’s politics. China condemns Canada’s decision last fall to detain one of its citizens, Huawei vice-president Meng Wanzhou, at the request of U.S. government on alleged fraud charges and demands she be released. “Well, that’s obviously one of the issues

Editorial: Politics as usual

Editorial: Politics as usual

It’s tempting to ask the Chinese government to pull the other leg now. As anyone who grows canola is likely aware by now, Canada’s largest single customer for canola, accounting for 40 per cent of this country’s exports, threw a monkey wrench into Prairie export canola. Officials quietly banned imports from Richardson International, Canada’s largest





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)

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

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

ICE May 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: China worries keep market trending down

MarketsFarm — Canola futures on the ICE Futures U.S. platform dropped sharply during the week ended Wednesday, hitting their lowest levels in 2-1/2 years. Concerns over declining Chinese demand sparked the latest selloff in canola amid news that the major canola-buying country had blocked shipments from Canada’s Richardson International. Canadian canola exporters have faced problems


A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)

Richardson disputes China claim of ‘hazardous pests’ in canola

Beijing/Chicago | Reuters — Canadian agribusiness Richardson International said on Wednesday that canola it shipped to China met regulatory requirements after a Chinese official charged that “hazardous pests” were found in samples taken recently from Canadian canola imports. Beijing this month cancelled Richardson’s registration to ship Canadian canola to China, the world’s top importer of

Canola Council of Canada president Jim Everson says China’s block on Canadian canola has now expanded beyond just shipments from Richardson International. (Co-operator file photo by Allan Dawson)

China’s block on canola seen as blowback from diplomatic spat

Montreal — Canola industry leaders attending the first Canadian Crops Convention here this week say they don’t know why China has abruptly blocked imports of Canadian canola from Richardson International, Canada’s biggest grain company. But according to a senior Richardson official it’s in retaliation to the diplomatic spat between China and Canada over the arrest