U.S. lapping up Canadian canola oil

Reuters / Canada’s canola crushers are processing the oilseed at a record-brisk pace, as demand for canola oil heats up among U.S. makers of biodiesel and food products like potato chips. The United States has long been a key export market for canola, Canada’s second-biggest crop after spring wheat, but its appetite has spiked in

GMO proliferation an existential threat to organic farmers

Sourcing organic alfalfa seed has become more complicated since the commercial release of genetically modified alfalfa in the U.S., the executive director of the Canadian Organic Trade Association says. Although it is not yet grown commercially in Canada, the herbicide-tolerant forage crop was given a green light by the Canadian Food Inspection Agency in 2005


Commodity Groups Want A Trade Deal With South Korea

Commodity groups and processors are urging the federal government to get cracking on a free trade agreement with South Korea to ensure Canadian exports are not displaced by competitors. Trade talks between Canada and South Korea have been stalled since 2008. South Korea is a valuable market for Canadian grains and oilseeds, said Jim Everson,

Canadian Canola Gains U.S. Approval

The U.S. Environmental Protection Agency approved the use of Canadian crops such as canola and corn in U.S. biofuels Sept. 29, a move that lifted Canadian canola prices and may help the U.S. meet its ambitious targets for biofuels. The EPA s designation of Canadian crops as a renewable biomass will allow U.S. biofuel makers


Canola Futures Slip Despite Industry’s Efforts

Canola futures on the ICE Futures Canada trading platform experienced a setback during the week ended Feb. 11 as the taking of profits and overbought market conditions encouraged selling. The price setback seen in Chicago Board of Trade (CBOT) soybean and soyoil futures also sparked some of the downward price action seen in canola. Support

Fears Of Resurging U.S. Protectionism Downplayed

Republican gains in the United States’ recent midterm elections may not be as negative for Canada-U. S. trade as some fear, an American industry analyst says. Historically, Republicans are friendlier to free trade than Democrats. That will likely continue, despite the prevailing recession, said Ron Plain, a University of Missouri livestock-marketing economist. “Our expectation is


Regulatory Oversight Inadequate

Fourteen years after commercialization of the world’s first biotech crop, the U. S. regulatory agencies charged with overseeing biotech crops – USDA, the Environmental Protection Agency, and the U. S. Food and Drug Administration – are under attack on several fronts. The USDA is most directly in the line of fire after a string of

Talks Begin To Resolve U. S.-Brazil Dispute

U. S. and Brazilian officials have begun talks to try to settle a trade dispute at the World Trade Organization over U. S. cotton subsidies, the U. S. ambassador to Brazil said Feb. 3. The South American agriculture giant was expected to present a definitive list of U. S. targets for retaliation in coming days.


Slow, Steady Progress For Manitoba Milk Producers

“What we’re experiencing are very stable prices.” – DAVID WI ENS, DFM Dairy Farmers of Manitoba recently amalgamated their nine regional districts into three. This tripled the size of local milk advisory committees. Some producers feel the committees are now too large and unwieldy. That was as close to complaining about their industry as milk

U. S. Wants New WTO Process

Big emerging countries like China, India, Brazil and South Africa must do more to open their markets to secure a new global trade deal, the U. S. trade chief said May 13. U. S. Trade Representative Ron Kirk, who took up his job in March, was speaking after two days of intense talks with U.