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Tag Archives Vegetable fats and oils

News, Oilseeds

Canadian Canola Gains U.S. Approval

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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
Cereals, Grain Markets, Oilseeds

Oilseed Supplies Drag On Canola Demand

Canola futures on the ICE Futures Canada trading platform lost some significant ground during the week ended Sept. 16, with the advancing harvest in Western Canada and reports of better-than-anticipated yields encouraging the downward price slide. Producers were also delivering canola right off the combine and into the country elevator system, which contributed to some
Cereals, Crops, Grain Markets, Oilseeds

Oilseed Demand Outweighs Harvest Pressure

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ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving
Hogs, News, Oilseeds

In Brief… – for Sep. 1, 2011

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More soybeans:Global soybean stocks will exceed estimates and keep soybean supplies in the upcoming 2011-12 season sufficient despite a lower-than-forecast crop, oilseeds analysts Oil Worldsaid Aug. 23. “World ending stocks of the 2010-11 season will be higher than expected at a record 75.8 million tonnes (on Aug. 31), approximately 10 million tonnes above a year
Crops, Oilseeds

Canola Continues To Be The Golden Crop

Canola continues to be the darling of the vegetable oil market – and the industry is urging Prairie farmers to keep cranking up production. Western Canadian farmers have painted the Prairies yellow with canola, but processors say they want more. The Canola Council of Canada wants farmers to produce 15 million tonnes of canola by
Crops, Oilseeds

Frito Lay Boosts Fortunes Of Nexera Canola

Processors not only want farmers to grow canola – but their variety. That’s especially true for Dow AgroSciences, which says supply can’t keep up with demand for its healthy, high-stability (omega-9) Nexera canola oil. The company is asking farmers to switch all their canola acres to Nexera in 2012. “In the past we used to
Cereals, News, Oilseeds

Canola Tops For Farm Cash Receipts In 2010

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Canola continues to be the darling of cash crops grossing Canadian farmers $5.6 billion in 2010 – more than any other crop, according to Statistics Canada. “Canola has become the most profitable crop for Prairie growers,” Canola Council of Canada president JoAnne Buth told the council’s 44th annual meeting here July 28. “That’s why they
Crops, Oilseeds

Canola Council’s Promotion Funds Doubled

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The Canola Council of Canada will have twice as much money to promote Canadian canola oil and meal exports this year thanks to $1.16 million from the federal government’s AgriMarketing program. “It enhances our ability to work in our existing markets, but it also frees up dollars to allow us to investigate and look at

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