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Tag Archives Canola


Photo: Canstock
Markets, News

Canadian canola crush hits record in 2024, but soybeans down

Canola crush up 8.1 per cent, soybeans down 11.6 per cent

By Phil Franz-Warkentin March 13, 2025
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.

Crush plants on the Prairies are going flat out these days, including the four in Alberta at Lloydminster (ADM), Fort Saskatchewan (Bunge), Camrose (Cargill) and Lethbridge (Richardson).  Photo: iStock
Markets

ICE Weekly: No end in sight for canola’s downfall

U.S., China tariffs sink canola prices

By Adam Peleshaty March 12, 2025
Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.


Photo: Thinkstock
News

New Chinese tariffs “devastating” to Canadian ag sector

Ag groups decry latest trade action

By Phil Franz-Warkentin March 10, 2025
A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.

Photo: Thinkstock
Markets

ICE canola weekly outlook: Politics in the forefront

Trade war weighs on canola prices

By Phil Franz-Warkentin March 5, 2025
Canola contracts on the ICE Futures platform fell sharply lower in early March, as broad import tariffs in the United States went into effect and Canada announced its own retaliatory measures.


The Canadian canola market is facing down international trade tensions and tariffs at the end of February 2025.
Grain Markets, Markets

U.S. tariffs looming large over canola market

U.S. tariffs are one market headwind facing canola prices, but Chinese levies are another wrinkle coming down the pipe for Canadian farmers

By Glen Hallick - MarketsFarm March 3, 2025
U.S. tariffs are one market headwind facing Canadian canola prices, but Chinese levies are another wrinkle coming down the pipe for farmers.

PHOTO Thinkstock
Markets

ICE Canada Weekly: Tariffs coming, may not last long says analyst

Canola likely to tally post-tariffs

By Glen Hallick - MarketsFarm February 26, 2025
To Errol Andersson of Errol's Commodity Wire in Calgary, there's little doubt the Trump administration will press ahead with tariffs on Canada and Mexico.


(Brett Holmes Photography/iStock/Getty Images)
Markets

Net long position hits new record in canola futures

Funds put on new bullish bets, cover shorts

By Phil Franz-Warkentin February 24, 2025
Heavy amounts of fund buying coupled with speculators covering short positions saw the net long position in canola futures hit a new record during the week ended Feb. 18.

Canola prices for Canadian farmers often follow Chicago soyoil prices.
Markets, News & Opinion

Canola, Chicago soyoil prices still climb

Oilseeds market reaching multiple-month highs, ignoring tariff worries

By Adam Peleshaty February 22, 2025
While the threat of tariffs from United States President Donald Trump may become reality in March, canola prices at the Intercontinental Exchange continued to rise.


Qiang Liu, a researcher with Agriculture and Agri-food Canada, is working on making bioplastics from pulse flour and canola meal.
Crops, News

Eco-friendly bioplastics could help solve single-use plastic problem

Guelph researcher looking to create bioplastics from canola meal and pulse flour

By Alexis Kienlen February 21, 2025
Eco-friendly bioplastics made from crop waste like canola meal and pulse flour could help solve the world’s petroleum-based single-use plastics problem, says researchers from the University of Guelph.

Photo: iStock
Markets, News

AAFC adjusts grain/oilseed balance sheets slightly

Canola carryout revised higher, wheat down

By Phil Franz-Warkentin February 19, 2025
Updated estimates from Agriculture and Agri-Food Canada, released Feb. 19, included only minor revisions to the supply and demand projections for the country’s major crop.


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