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Tag Archives Vegetable fats and oils

Crops, Oilseeds

Ritz Seeks Early Resolution To Canola Dispute

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Canada is confident it can resolve a dispute with China over China’s refusal to accept canola with blackleg disease without seeking World Trade Organization action, Agriculture Minister Gerry Ritz said on Oct. 28. Ritz said he met with the Chinese ambassador to Canada Oct. 27. “It’s way too soon to (seek a WTO dispute settlement
News, Oilseeds

Salmonella Cuts Into Canola Crushing

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Canada’s oilseed processors are crushing less canola, the first tangible sign that the rapidly expanding industry has run into a rut because of a dispute over salmonella with the U. S. Food and Drug Administration. Crushing has decreased even as processors are boosting capacity. If the trend continues, more seed could shift to export and
News, Oilseeds

Canola Top Quality Crop

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Canada’s canola crop has surpassed the quality of last year’s bumper crop, despite trying early-growing-season weather that delayed maturity and created uneven growth. Tests by the Canadian Grain Commission show top-grade seed samples have an average of 44.8 per cent oil content – a measurement of the oilseed’s value to crushers who extract the oil
News, Oilseeds

Renewed Food Inflation Risk As Funds Eye Edible Oils

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Less than two years after a surge in global food prices caused panic and riots around the world, investors are starting to return to vegetable oil markets and raising the spectre of renewed food price inflation. Billions of dollars change hands annually in the markets for palm, soybean and other vegetable oils, which are used
Cereals, Grain Markets, Oilseeds

U. S. Soy Uncertainty Makes Canola Uncertain

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Aug. 28 mixed, with canola a bit higher in the wake of the firm tone in Chicago soybeans and the weak Canadian dollar. Slow farmer
News, Oilseeds

Smaller Canada Canola Crop Could Curb Exports

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A sharply smaller Canadian canola crop in a year when crushing capacity is expanding could create tight supplies that would buoy prices and force buyers to rethink plans. Most Canadian crops are expected to shrink after cool weather and drought-delayed development. Farmers are hoping for later-than-normal frost-free weather to allow their crops to mature. Amid
Cereals, Grain Markets, Oilseeds

Grain Markets Looking To USDA Report

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at the ICE Canada futures market closed the week ended Aug. 7 mixed with canola higher. Canola posted moderate gains on the week in the wake of big advances in
News, Oilseeds

Viterra To Buy Manitoba Canola Crusher

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The “cold-press” canola crushing plant at Ste. Agathe is becoming the latest acquisition for Canada’s largest grain company. Viterra announced Monday it will buy the Associated Proteins plant in the industrial park on the community’s west side for $64 million plus “working capital.” Pending approval from the federal Competition Bureau, the company said it expects
Cereals, News, Oilseeds

Nexera Growing At Bunge Altona

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The owners have changed a few times and so have the oilseeds it crushes, but the processing plant farmers built here in 1946 still epitomizes the concept of “value added.” In fact, this plant has been “value adding” since long before the words became part of the Prairie lexicon. Canola, the oilseed it processes almost
News, Oilseeds

Global Soymeal Use To Fall Sharply

World soymeal consumption is set to fall sharply this season as the global economic crisis cuts meat demand and reduces animal feed sales, Hamburg-based oilseeds analysts Oil World forecast March 31. Global 2008-09 soymeal consumption is forecast to fall to 154.50 million tonnes from 160.28 million tonnes in 2007-08, it said. World 2008-09 soymeal production

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