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Canadian Grain Commission inspection specialist Usman Mohammad demonstrating one of several CGC-approved sieves used to determine canola dockage during a grading school in Brandon Dec. 7.
Crops, Oilseeds

Canola dockage tips from CGC grading school

During the dockage assessment process canola should be cleaned so farmers get the best possible grade

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Here’s a tip for canola growers about dockage, conspicuous admixture and grades — pay attention to the sieves. If your canola is downgraded due to conspicuous admixture, or if you feel your dockage is too high, check with the buyer about what sieves were used to determine dockage — material that isn’t canola and buyers
Buyers are canola!
Grain Markets, Markets

Buyers are canola!

Artificial intelligence can’t quite cut it yet in market commentary as we see in our 2017 review

By
Futures from activity Picks back up the extent of their sideways Canada released its softest levels During the yield potential Buyers are canola However, at two weeks remains within a year average Soybeans could easily continue to be harvested In an attempt to outsource the year-end commentary and put it on auto steer, the above
Oilseed Rape Pods
Grain Markets, Markets

Lack of export demand drags canola to multi-month lows

Improved outlooks for South American soybeans aren’t helping

By
The thesaurus got a bit of a workout during the week ended Dec. 15 in an ongoing effort to come up with new words to describe the downtrend/slide/drop/slip/fall/collapse/general sense of weakness in the canola market. Canola prices fell to their lowest levels in three months during the week, and while Friday saw a modest correction,
Canola hovers rangebound despite StatsCan report
Grain Markets, Markets

Canola hovers rangebound despite StatsCan report

The global supply picture is dragging on wheat futures

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ICE Futures Canada canola contracts were pressured by a bearish Statistics Canada report during the week ended Dec. 8, but managed to stay within their recently established technical range. For the most part, the dominant January contract hovered somewhere between $505 and $510 per tonne. Futures received some support from the Canadian dollar, which was
News, Oilseeds

Organization in Canada, China, sign memorandum

Canola Council of Canada touts benefits of canola oil and meal during trade mission to China

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The Canola Council of Canada is celebrating a new memorandum of understanding after wrapping up a trade mission to China. Speaking from Beijing, canola council president Jim Everson emphasized the importance of the Chinese market for Canadian canola producers and processors. “We are just at the end of what we think is a very successful
Blooming rapeseed field at sunset
Grain Markets, Markets

Canola prices likely capped by ample supplies

StatsCan has left canola projections unchanged in their 
most recent supply/demand tables

ICE Canada canola prices bounced around within a wide range during the week ended Nov. 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news as far as canola is
Rapeseed field and sun
News, Oilseeds

Canola Council of Canada completes successful China trip

Group took part in a Canadian trade mission led by federal ag-minister Lawrence Macaulay

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The Canola Council of Canada (CCC) is feeling pleased as it prepares to return to Canada following a trade mission to China. “We feel we’ve had a very successful week of promoting canola in China. As you know it’s a very important market, it’s a growing market for canola,” said Jim Everson, president of CCC,
USDA report surprises oilseed market
Grain Markets, Markets

USDA report surprises oilseed market

Traders were expecting a lower yield number and when they didn’t get it, they reacted

By
ICE Futures Canada canola contracts may have finally topped out after the USDA’s monthly supply-and-demand report put the entire oilseed sector under pressure. Canola futures began climbing back in the early part of September, eventually rising above the $520-per-tonne mark. However, that changed on Thursday, November 9, when the USDA left its prediction for soybean
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

China’s Cofco seeks larger Canadian canola volumes

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Winnipeg | Reuters — State-owned Chinese agribusiness Cofco Corp. looks to buy 2.5 million tonnes of Canada’s canola crop next year, a boost of more than one-third over its expected purchases this year as its Canadian office gets established, said the company’s global head of softseeds on Wednesday. Cofco opened its Canadian trading office in

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