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Crops, Oilseeds

Canola Crop Seen Up If Water Holds Back

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Canada’s farmers will likely harvest more canola this year to cash in on high prices, but flooding is possible in Saskatchewan and will be a key factor, the head of the main canola industry group said Jan. 18. Canola, soybean and rapeseed prices are trading around two-to three-year highs, giving farmers ample reason to seed
Cereals, Grain Markets, Oilseeds

It’s Your Business

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Canola futures on the ICE Canada trading platform posted some modest advances during the week ended Dec. 3, with some of the upward momentum coming from the general strength displayed by the outside oilseed markets. CBOT soybean and soyoil values both posted some significant advances on the week with new contract highs also established in
News

German Biodiesel Refiners Face Shortage

Germany’s biodiesel refineries face a shortage of rapeseed oil because of new European Union rules requiring biofuels to be sustainable. The measure, designed to prevent the destruction of tropical rainforests to produce biofuel feedstock such as palm oil and soy oil, requires exporters to have a sustainable farming certificate. Germany’s major rapeseed suppliers, France, Britain
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Palm Oil Firms Develop New Strategy

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The World Bank’s private sector lender will focus more on palm oil firms pursuing green standards if a suspension on financing the sector is lifted by its president, an official said Nov. 10. The International Finance Corp. (IFC) stopped financing the industry in 2009 after social and environmental complaints by smallholders and local communities in
Crops

EU Biofuels Growth On Hold As Green Benefits Queried

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The European Union’s biofuels industry is unlikely to expand until the debate about their impact on climate change is resolved and clear policies emerge, the head of a major U.K. biofuels firm said on Nov. 10. “The (biofuels) industry is being held back by a lack of robust discrimination between what is good and what
News

Palm Oil Firm Wants Industry To Postpone Proposed Planting Norms

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Malaysia’s Genting Plantations wants an industry body tasked with setting environment standards to postpone a proposed new planting policy that it says may disrupt long-term operational plans. The Roundtable on Sustainable Palm Oil – a group of planters, consumers and nongovernmental organizations – has included a new policy that requires planters to get community feedback
Crops, Oilseeds

Dow AgroSciences Touts Profit Potential Of Nexera Hybrids

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Nexera canola varieties are a good deal for farmers and will only get better, according to Dow AgroSciences. Nexera canola is known for its highly stable oil, which has a long shelf life and therefore doesn’t have to be hydrogenated, a process which creates trans fats. But the knock has always been that Nexera varieties
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Wal-Mart To Boost Buying From Small And Local Farms

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Wal-Mart Stores Inc. is planning to double the sales of fresh produce from local farms in its U. S. stores by the end of 2015, part of a strategy to revamp its global produce supply chain. The world’s largest retailer said it would also sell more than $1 billion each year in food from one
Cereals, Grain Markets, Oilseeds

News From Eastern Europe Sparks Wheat-Buying Frenzy – for Aug. 12, 2010

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For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada canola futures continued to break into new bullish territory during the week ended Aug. 6, with the most actively traded November contract gaining $10 to close at a fresh contract high of $469 per tonne. Winnipeg canola

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