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Tag Archives Vegetable fats and oils

Grain Markets, Oilseeds

Canada’s Rains Support U. S. Soybeans

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For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. The ICE Futures Canada canola market posted sharp gains during the week ended June 18, with prices climbing to their highest levels in six months as excess moisture concerns across the Prairies had the market rationing demand. Bullish technical signals
Crops, Oilseeds

Canola, Soybean Farmers Oppose Market Access Bill

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Genetically engineered seeds have been a boon to canola and soybean farmers and Ottawa shouldn’t impose non-scientific evaluations on future varieties, representatives of oilseed growers told the Commons agriculture committee last week. The committee is holding hearings on a bill presented by NDP farm spokesman Alex Atamanenko to require a market analysis of new GE
Crops, Oilseeds

New Soybean Could Cut Into High-Stability Canola Oil Markets

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“The story of canola is it has always been able to keep one step ahead of soybeans.” – David Dzisiak High-oleic canola oil, most of it from Canada, has dominated the growing North American demand for healthier, non-trans fat, deep-frying oils, but American soybeans are fighting back. Last month the United States Department of Agriculture
News, Oilseeds

China Rapeseed Production Falls

The most serious drought in decades in China’s southern provinces of Yunnan and Guizhou is expected to cut their rapeseed output by 500,000 tonnes, or about half of last year’s total output, an official think-tank reported on March 23. In 2009, the two areas produced one million tonnes of the oilseed, used to produce edible
Cereals, Crops, Grain Markets, Oilseeds

Wheat Outlook Remains Bearish

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For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Canola futures on ICE Futures Canada held within a tight range once again during the week ended April 9, but did manage to post gains in most months as steady exporter and domestic crusher demand provided support. The largest advances
News, Oilseeds

French Firms Pull The Plug On Palm Oil

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French firms have stepped up restrictions on the use of palm oil, decried for being linked to deforestation in Asia, in a move that may boost demand for local oils. But some warned it could raise new food and land problems. The debate about palm oil’s impact on the environment has intensified after green groups
Crops, Oilseeds

Dreyfus Crush Plant To Reach Full Speed Mid-May

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The new canola-crushing plant at Yorkton, Saskatchewan owned by Louis Dreyfus Canada Limited and Mitsui & Co. is processing at 80 to 90 per cent capacity and should reach full speed within another month or two, the president of Louis Dreyfus Canada said Mar. 8. The Dreyfus-Mitsui plant, which has an annual capacity 850,000 tonnes,
Cereals, Grain Markets, Oilseeds

Look South For World’s New Breadbasket

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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 contracts moved lower during the week ended March 5, with much of the weakness tied to the strength of the Canadian dollar. The currency rose by two cents relative to its U. S. counterpart during the
News, Oilseeds

Oilseed Sector Research Gets Government Boost

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The federal government is offering up to $19 million for the Canola Council of Canada to lead research in partnership with the Flax Council of Canada, industry scientists and universities, a federal release says. “The oilseed industry is an important driver of Canada’s economy and that’s why our government is making strategic investments to keep
Cereals, Grain Markets, Oilseeds

Canola Outpacing Soybeans

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For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Canola contracts traded on the ICE Futures Canada platform managed to move higher during the week ended Feb. 5, but not before setting fresh contract lows to start the week. The downtrend over most of January finally persuaded farmers to

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