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Tag Archives palm oil

Crops, Grain Markets, Oilseeds

Unexpected stocks of U.S. soybeans pressure canola

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Canola values on the ICE Futures Canada trading platform moved lower during the week ended April 5, with declines a function of chart-related speculative liquidation orders as well as the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex. The continued declines seen in Malaysian palm oil and European rapeseed futures
Crops, Oilseeds

World demand for biodiesel bodes well for canola

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For good or ill, oilseed and grain growers now have their fortunes tied to the energy market, says a renowned international trend watcher. The rise of biofuels has fundamentally altered the business of agriculture and not just by pushing up market prices, economist James Fry, chair of LMC International, a leading international consulting firm, told
Crops, News, Oilseeds

Heat-damaged canola crop creates supply shortages

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Reuters / Supply worries about Canada’s disappointingly small canola harvest this year are compounded by the oilseed’s reduced oil content, crimping profits for crushers and leaving food companies to scramble for other vegetable oils. Expectations were high early in the crop year that a record-large canola crop in Canada would compensate for some of the
Cereals, Crops, News, Oilseeds

Canadian farmers cash in on U.S. drought

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After spring floods drowned his seeding plans two years straight, Walter Finlay is harvesting what looks to be an average or slightly better crop of wheat and canola. “Average” will do just fine this year. The worst drought in a half-century in the U.S. Midwest has scorched corn and soybean crops, igniting grain and oilseed
Dairy cattle, International news, News, Oilseeds

Belarus threatens to ban farm imports from Ukraine

kiev / reuters / Belarus has threatened to ban imports of Ukrainian sunflower oil, corn and several other agriculture commodities after Ukraine announced it was barring imports of Belarussian milk and dairy products, Ukraine’s Farm Ministry said March 3. The retaliatory move by Belarus marked an escalation in a regional trade war over dairy products
News

Jets Have A New Bud

BRIEFS Co-operator staff They ve got an official potato chip, and now the Winnipeg Jets have an official brewski to go with it. Budweiser an official partner of the team is bringing out a limited-edition beer, dubbed the Welcome Back Brew, to celebrate the return of the NHL to Manitoba. The company brought large, water-filled
News, Oilseeds

Soybeans Chasing Canola’s High-Stability Oil Markets

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High-stability canola oil is gaining market share in food services and food manufacturing, but the soybean industry is fighting back. In 2010 the United States Department of Agriculture granted Monsanto’s new Vistive Gold soybean “Generally Recognized as Safe” (GRAS) status. Now companies can test Vistive Gold’s high-oleic oil in food, a prerequisite to commercialization. And
News

EU Gets Tough On Dirty Biofuel, Pledges More Action

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Europe’s energy chief announced seven green certification schemes for biofuels last month and promised to tackle the unwanted side-effects of turning food into fuel. Guenther Oettinger said biofuels’ indirect impacts were dangerous for the planet’s carbon balance and food supply. “It is a real concern … particularly in the big producing countries, Southeast Asia and
News

Biodiesel’s “Green” Attributes Trashed By Four EU Studies

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Europe’s biodiesel industry could be wiped out by EU plans to tackle the unwanted side-effects of biofuel production, after studies showed few climate benefits, four papers obtained by Reuters show. Europe’s world-leading $13-billion biodiesel industry, which has boomed in the wake of a decision by Brussels policy-makers in 2003 to promote it, is now on

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