Vegetable fats and oils Archives - Page 8 of 15

South America To Grow More Soybeans

July 14, 2011

Farmers in Brazil and Argentina are likely to strongly expand soybean sowings for the 2012 harvest as global soy demand grows, Hamburgbased oilseeds analystsOil Worldsaid June 21. Brazil’s soybean sowings for harvesting in early 2012 are likely to be increased by about one million hectares on the year to 25.2 million hectares, continuing recent expansion

Grain Markets, Oilseeds

Canola Drops On Fund Profit-Taking

By Phil Franz-Warkentin June 30, 2011

ICE Futures Canada canola contracts dropped sharply during the week ended June 24, hitting their lowest levels in over a month as a broad-based fund sell-off weighed on prices. An unexpectedly bearish Statistics Canada acreage report also accounted for some of the selling, although most participants were downplaying the large StatsCan acreage number, given the

Cereals, Grain Markets, Oilseeds

EU’s Rapeseed Woes May Boost Canadian Canola

By Phil Franz-Warkentin June 2, 2011

ICE Futures Canada canola contracts surged higher during the week ended May 27, hitting their strongest levels in months as persistent weather issues in the Prairies, along with activity in outside markets, provided support. Without any fresh weather news, canola could be running out of steam to the upside, but any profit-taking setbacks should be

News, Oilseeds

Phytosanitary Grain Rules Need Work

April 28, 2011

The international grain trade needs better phytosanitary rules and tolerances for low-level presence of genetically modified (GM) crops, says Dennis Stephens, a consultant contracted to co-ordinate the Canada Grains Council. “Zero thresholds are no longer obtainable,” Stephens told the council’s 42nd annual meeting in Winnipeg earlier this month. “We’ve reached a stage where we have

Crops, Oilseeds

Canola Acres Could Decline In Manitoba

By Ron Friesen April 21, 2011

Oilseed acres may be nearing their maximum in Manitoba and could decline over the next six years, according to projections from the provincial Agriculture Department. Total canola, flaxseed, sunflower and soybean acres will peak at 4.6 million acres in 2011 and fall slightly to 4.5 million acres by 2017, predicts Anastasia Kubinec, a Manitoba Agr

Cereals, News, Oilseeds

Marketing Survey Not Supported

By Allan Dawson April 14, 2011

The canola growers’ associations in Saskatchewan and Alberta are distancing themselves from efforts from a group of Manitoba growers who want to try marketing the crop through the Canadian Wheat Board (CWB). Last week the Manitoba Canola Growers Association (MCGA) ran a survey in the Manitoba Co-operatorand Western Producerasking how many tonnes of canola farmers

News

Exporting To India Not Without Challenges

By Natasha Tersigni April 7, 2011

India is emerging as an attractive market for Canadian agricultural exports, but there are a few hurdles to keep in mind, participants in a recent business forum were told. While the rest of the world is struggling to spring back from a recession, India’s projected growth for 2011-12 is 8.75 per cent to 9.25 per

Grain Markets, Oilseeds

Trading Refocuses On Market Fundamentals

March 31, 2011

Canola contracts traded on the ICE Futures Canada plat form chopped around within a narrow range during the week ended March 25, but the bias was to the upside in the end. The market took a much-needed breather after seeing some volatile price swings over the past month. With consolidation the order of the day,

News, Oilseeds

ADM To Expand Canada Canola Plant

March 24, 2011

ADM Agri-Industries, a subsidiary of U.S. agrifood company Archer Daniels Midland, said March 21 it will double seed receiving and storage capacity at its canola-processing plant in Lloydminster, Alberta. The expansion is the most recent in a series of moves by crushers that reflects strong demand for the oilseed, which is Canada’s second-biggest crop after

Cereals, Grain Markets, Oilseeds

Risk-Averse Speculators Keep Eye On Libya, Japan

By Phil Franz-Warkentin March 24, 2011

ICE Futures Canada canola contracts saw some very choppy activity during the week ended March 18, hitting their lowest levels in months at one point before recovering to end the week with modest gains. News out of Japan dominated the headlines in all of the global financial and commodity markets, and canola was no exception.

Daily Network News

Klassen: Feeder market drops sharply

Dryness, drought likely to persist says forecaster

Budget 2025 includes trade focus, boost for agriculture risk management

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