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Tag Archives Vegetable fats and oils

Cereals, News, Oilseeds

Record-Breaking Year For Canadian Canola In 2008

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“The trick is going to be to produce it year after year so that it will average 15 million tonnes.” – JOANNE BUTH 2 008 was a dream year for Canada’s Cinderella crop with records falling all over the place. Farmers harvested a record canola crop, with near-record oil content, after planting a record number
News, Oilseeds

EU New Market For Canada Canola

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Europe’s acceptance of genetically modified canola seed represents an important new market for Canadian farmers, but purchases from the world’s largest exporter of canola seed are unlikely any time soon. The European Commission ruled March 10 to allow import of a type of canola, which German seed developer Bayer CropScience created by modifying the canola
News, Oilseeds

High-Oleic Canola Seeing Continued Growth In Canada

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Improving agronomics and economics are making specialty high-oleic canola varieties (also known as high stability, omega-9, or low linoleic) a more favour-able choice for western Canadian farmers, according to industry participants. Acres are expected to continue to increase in 2009. Canadian farmers planted about 16.1 million acres of canola in 2008-09 (August/ July), harvesting a
Cereals, News, Oilseeds

Farmers To Shun Grains For Cheaper Oilseeds

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Farmers will shun grains and turn to plant ing cheaper oilseed crops like canola and soybeans this year, Daniel Basse, president of Chicago-based research and advisory firm AgResource Company said Feb. 23. That will cause a shortage of grain supply late this year, Basse told farmers and analysts at the Canadian Wheat Board’s annual GrainWorld
Cereals, Grain Markets, Oilseeds

Canola looks good for 2009-10, but not as good as 2008-09

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 23 mixed, with canola pressured down by increased farmer selling, a firmer Canadian dollar and weakness in the Chicago
Cereals, Grain Markets, Oilseeds

Are grain prices recession-proof?

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at ww.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 2 higher with a firm tone in the U. S. markets contributing to the gains. Canola rose back over
Oilseeds, Other

Canola oil content improving

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The oil content in Canada’s 2008-09 canola crop has improved over the level seen during 2007-08 and is also above the 10-year average, according to industry sources. Samples of No. 1 Canada canola tested to data have an improved oil content than in previous years, according to Veronique Barthet, program , manager, for the Oilseeds
News

Biofuel output seen up on lower feedstock costs

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Global biodiesel output is likely to climb 27 per cent to 14 million tonnes in the 2008-09 oil year as producers capitalize on weak raw material prices and absorb excess inventories, a leading industry analyst said Dec. 3. Alternative energy fuels would be the only source of additional demand growth for vegetable oils, as demand
News, Oilseeds

China to expand grain reserves

China’s largest soy-producing province, Heilongjiang, has confirmed its part in a central government plan to buy more grains and soybeans for reserves. The scheme is an effort to shore up prices and protect farmers’ incomes, thereby avoiding hardship and unrest among the rural population. Beijing has given approval for the northeastern province to double its
Cereals, Crops, Grain Markets, Oilseeds

New market lows, as crops are huge

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed future s at ICE Futures Canada in Winnipeg closed the week ended Dec. 5 lower, with fresh contract lows appearing in both barley and canola. Canola was pressured down by weakness

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