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Tag Archives rapeseed — page 2

(Dave Bedard photo)
Crops

Cargill plans to close U.K. rapeseed crush plant

Fewer U.K. farmers growing crop

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London | Reuters — Cargill plans to close its rapeseed crush facility in Hull, eastern England, the global commodities trader said Tuesday. The mill, which Cargill has been operating since 1985, has the capacity to crush 750 tonnes of seed a day to produce 420 tonnes of rapeseed meal and 323 tonnes of crude rapeseed
File photo of Ukraine’s Agriculture Minister Mykola Solskyi at a “Global Food Security Call to Action” meeting of foreign ministers at United Nations headquarters in New York, on May 18, 2022. (Photo: Reuters/Eduardo Munoz)
Crops, Markets

Russia’s war may deprive world of three Ukrainian wheat harvests, minister says

'Significant' decline expected in winter wheat acres

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Kyiv | Reuters — Russia’s invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record levels, Ukraine’s agriculture minister told Reuters. Ukraine, sometimes known as Europe’s breadbasket, has had its maritime grain export routes blocked by Russia and
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Crops, Markets

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included
File photo of a rapeseed field in Iwate prefecture in northeastern Honshu, Japan. (Nattya3714/iStock.Getty Images)
Crops, Markets

USDA reports offer new oilseed insights from India, Japan

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MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New
German 2022 wheat, rapeseed harvests forecast higher
Markets, News

German 2022 wheat, rapeseed harvests forecast higher

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Germany’s 2022 wheat crop will increase 5.8 per cent on the year to 22.61 million tonnes, the country’s association of farm co-operatives said in its first harvest estimate on March 17. It forecast Germany’s 2022 winter rapeseed crop to rise 11.6 per cent from last summer’s crop, to 3.90 million tonnes after an increase of
ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola feeling the energy

Canola riding on fuels' bullish momentum

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MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a Prairie drought have underpinned the market for some time, the latest strength and any future direction may be more closely tied to movement in energy
Markets, News

Paris wheat and rapeseed rally on Canada crop forecasts

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Euronext wheat and rapeseed futures rose last week after lower-than-expected official forecasts of Canada’s drought-hit harvest rekindled supply concerns. Benchmark December milling wheat on Paris-based Euronext settled up four euros, or 1.7 per cent, at 243.00 euros ($287.37) a tonne, extending a technical rebound. The wheat market was pressured last week by signs of improving
Markets, News

Strategie Grains raises EU rapeseed crop outlook

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Consultancy Strategie Grains has raised its forecast for this year’s European Union rapeseed harvest while trimming demand expectations, projecting reduced supply tightness next season. Rapeseed production in the 27-country EU is now expected to reach 17 million tonnes, compared with the 16.82 million tonnes forecast a month ago and 3.3 per cent above last year’s

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