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Crops, Oilseeds

Australia, Canada To Hike Rapeseed Sales

hamburg / reuters A growing global rapeseed import requirement following poor crops in the European Union and China will open the door to larger sales of canola by Australia and Canada, Hamburg-based oilseeds analysts Oil Worldforecast Nov. 8. The global dependence on Canadian and Australian canola exports will rise to new highs in the 2011-12
News, Oilseeds

Soybeans Chasing Canola’s High-Stability Oil Markets

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High-stability canola oil is gaining market share in food services and food manufacturing, but the soybean industry is fighting back. In 2010 the United States Department of Agriculture granted Monsanto’s new Vistive Gold soybean “Generally Recognized as Safe” (GRAS) status. Now companies can test Vistive Gold’s high-oleic oil in food, a prerequisite to commercialization. And
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
Crops, Oilseeds

Higher Prices Ration Flaxseed Demand

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High flaxseed bids are causing end-users to ration demand, slowing the reduction of Canada’s tightening supplies. Flaxseed bids as high as $15.75 per bushel, f.o.b. farm, can currently be found in Manitoba and Saskatchewan, according to the latest Prairie Ag Hotwire data. Market participants said prices were hitting $16 per bushel in some limited cases.
Crops, Oilseeds

Canola Biodiesel Mandate Remains In Limbo

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Canola, looks to miss out on potential domestic demand from biodiesel until Canada clarifies its fuel mandate and offers new incentives to an already heavily subsidized industry. Canada has finished selecting biodiesel plant proposals to receive funding from a $1.5-billion program, aiming to cut greenhouse gas emissions by 17 per cent by 2020 from 2005
Crops, Oilseeds

Deadline Extended For Harvest Samples

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Due to this year’s delayed harvest, the Canadian Grain Commission is extending its deadline for the Harvest Sample Program to Dec. 1, from Nov. 1. “This year, the weather was a challenge for producers across Canada. An extra four weeks gives producers time to send their samples and get a free grade despite a late
Crops, Oilseeds

Dow AgroSciences Touts Profit Potential Of Nexera Hybrids

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Nexera canola varieties are a good deal for farmers and will only get better, according to Dow AgroSciences. Nexera canola is known for its highly stable oil, which has a long shelf life and therefore doesn’t have to be hydrogenated, a process which creates trans fats. But the knock has always been that Nexera varieties
Crops, Oilseeds

Soybeans Fighting Canola To Get Markets Back

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Soybeans are fighting back. Soybean oil is still the most consumed vegetable oil in North America, but it’s been losing ground to canola, which is regarded as the healthiest vegetable oil because it contains just seven per cent saturated fat. Part of canola’s gains have resulted from the development of high-stability, omega-9 oil. It has
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

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