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Tag Archives Vegetable fats and oils

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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
Crops, Oilseeds

Canada’s Record Canola Crush To Spur By-Product Exports

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Increased crush capacity in Western Canada will result in a record amount of canola being processed during the current crop year and boost exports of canola oil and meal, according to a government analyst. “Right now, I am forecasting that processors in Canada will crush 5.5 million tonnes of canola,” said Chris Beckman, an oilseed
Grain Markets, Oilseeds

Loonie’s Rise Doesn’t Slow Canola’s Climb

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Canola futures at ICE Futures Canada were higher during the week ended Nov. 8, continuing the steady climb that’s been in place since the beginning of October, and going back to June in the monthly charts. While underlying concerns about the size of the Canadian canola crop remain supportive overall, the gains this week were
Cereals, Grain Markets, Oilseeds

Canola Trend Seen Continuing Upward

Canola futures on the ICE Futures Canada trading platform continued their upward trek during the week ended Oct. 22. The strength displayed by canola was again linked to Canada’s domestic processing industry who have an aggressive crush program in place. Favourable crush margins and good canola product sales on the books have resulted in this
Crops

Western Canada’s Vegetable Oil Ontario-Bound

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Producers in Western Canada will once again be able to ship vegetable oil products to Ontario, after the Alberta government successfully challenged Ontario policies that restricted their sale to the province, according to a release from the Vegetable Oil Industry of Canada. The release said a panel under the Agreement on Internal Trade (AIT) determined
Cereals, Crops, Oilseeds

Farmers Welcome Canola Crush Expansion

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Bunge’s plan to more than double the capacity of its canola-crushing plant at Altona to 2,500 tonnes a day is good news for farmers, but it also means they’ll have to grow more canola. “We’re always glad to see investment in the canola crush because it creates demand and more demand must mean they are
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
Crops, Oilseeds

Soybeans Fighting Canola To Get Markets Back

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Soybeans are fighting back. Soybean oil is still the most consumed vegetable oil in North America, but it’s been losing ground to canola, which is regarded as the healthiest vegetable oil because it contains just seven per cent saturated fat. Part of canola’s gains have resulted from the development of high-stability, omega-9 oil. It has
Cereals, Crops, Grain Markets, Oilseeds

Farmer Hedges Follow Canola Upward

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The roller-coaster ICE Futures Canada canola market climbed to some very high levels during the week ended Oct. 8, hitting the elusive $500-per-tonne level for the first time in many months at one point Friday before backing away as harvest pressure and profit-taking came forward. The gains were largely a knee-jerk speculative reaction to some

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