Source: Sean Pratt, Producer.com, January 4, 2017 Canadian canola growers will continue to have unfettered access to the European Union’s biodiesel market. As of Jan. 1, all EU biodiesel must demonstrate greenhouse gas reductions greater than 50 percent compared to fossil diesel. Until the end of 2017, the threshold had been 37 percent and all canola/rapeseed-based… Continue reading EU approves Canadian canola for biodiesel
Tag: canola
Canola heads into holiday season on a downturn
Source: D’Arce McMillan, Producer.com, December 21, 2017 Canola’s value compared to soybeans was fairly strong this fall, but its shine has dulled with recent events, particularly the decline in vegetable oil values. On Nov. 1, the value of January canola was $11.76 per bushel, while Chicago January soybeans, converted into Canadian dollars were $12.69, meaning… Continue reading Canola heads into holiday season on a downturn
Companies unhappy with canola council, want restructuring, refocus
Source: Ed White, Robert Arnason, The Western Producer, November 15, 2017 Canola Council of Canada, one of the largest ag industry associations in the country, is under pressure to adjust its priorities and get costs under control. Some are even calling for it to merge with other oilseed organizations. Ag industry leaders have told The… Continue reading Companies unhappy with canola council, want restructuring, refocus
Oilseeds lower along with falling crude oil
Source: D’Arce McMillan, Reuters News Agency, November 14, 2017 Canola futures drifted lower along with the soybean complex on Tuesday. Soybean had also fallen on Monday when the ICE Futures Canada contract was closed for Remembrance Day. Corn was also lower, hitting a one-year low. Chicago wheat firmed a little but Minneapolis spring wheat was down. Improving… Continue reading Oilseeds lower along with falling crude oil
Sask. farmer says his canola is too hot to store away
Source: CBC News, October 13, 2017 James Zimmer says he needs his crop to cool down before he puts it away A Saskatchewan farmer says he’s had to delay storing his canola because dry heat has made the crop too hot to handle. James Zimmer farms near Major, Sask., close to the Alberta border. He… Continue reading Sask. farmer says his canola is too hot to store away
Canola and other crops fall on improving weather, increased US cash sales
By D’Arce McMillan, Reuters News Agency, The Western Producer, November 1, 2016 Canola posted the biggest one day loss in weeks on Tuesday, weighed down by a falling American crop market and a forecast for drier weather. Most traded January closed at $513.40, down $8.90 or 1.7 percent. It was a turn around Tuesday with traders… Continue reading Canola and other crops fall on improving weather, increased US cash sales
Get a Head Start Planning for 2017
By Kaeley Kindrachuk, Regional Crops Specialist, Ministry of Agriculture, Outlook SK This past year presented multiple challenges to the provinces canola, flax and mustard producers. The drier spring gave producers a chance to get into the fields earlier than normal, but the lack of rainfall early on also gave flea beetles and cutworms an advantage over the… Continue reading Get a Head Start Planning for 2017
Unharvested acreage risk drives canola futures higher
By D’Arce McMillian, The Western Producer, October 20, 2016 It is estimated that more than two million acres of canola are yet to be harvested. Canola futures have rallied this month to reflect the difficulties in the prairie harvest and support from stronger soy oil values. As of Oct. 10, 23 percent of Saskatchewan’s canola… Continue reading Unharvested acreage risk drives canola futures higher
Canola crop tops 18 million tonnes, according to new StatsCan model
By D’Arce McMillan, The Western Producer, September 20, 2016 A new model-based production estimate from Statistics Canada shows the canola crop at 18.3 million tonnes compared to the farmer survey-based forecast released earlier this summer of 17 million tonnes. The new model forecast is based on satellite and agroclimatic data, not farmer surveys. In 2015 canola… Continue reading Canola crop tops 18 million tonnes, according to new StatsCan model
Canada’s canola, wheat stocks shrink less than expected
By Kaven Baker-Voakes, Rod Nickel, AgCanada.com, September 7, 2016 Winnipeg/Ottawa | Reuters — Canadian canola and wheat stockpiles were sharply lower in midsummer from a year earlier, the smallest in three years, but bigger than expected, a Statistics Canada report showed on Wednesday. StatsCan pegged all-wheat stocks as of July 31 at 5.2 million tonnes, down 27… Continue reading Canada’s canola, wheat stocks shrink less than expected