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Canola

Canola, Crops, Markets, Reuters

Shut out of China, Canada finds canola buyers in drought-damaged Europe

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Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down […] Read more
Canola, Crops, Markets

ICE weekly outlook: Canola trade’s eyes on StatsCan report

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MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if […] Read more
Canola, Crops, Markets, Spring Wheat

Canada boosts 2019-20 wheat production estimate

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MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout […] Read more
Canola, Crops, Markets

Funds cover canola short positions

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MarketsFarm — Fund traders covered some of their large net short position in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 66,293, a decrease of roughly 3,000 contracts […] Read more
Canola, Crops, Markets

Input Capital cuts costs as delayed sales lift Q3 profit

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A hostile canola export market has left “commodity streaming” firm Input Capital paring back its staff count and halting its sales and marketing efforts. The publicly traded Regina company on Tuesday booked adjusted net income of $1.06 million on $4.95 million in adjusted total revenue for the quarter ending June 30, up from about $249,000 […] Read more
Marleny Saldaña, an associate professor of food and bioengineering processing at the University of Alberta, is part of a team that has created a cling wrap made from canola.
Canola, News

From farm to fridge? Making cling wrap from canola straw

University of Alberta researchers have found a way to make a food wrap that’s biodegradable

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As people try to reduce their use of plastic products, there is a need for items created from environmentally friendly products. Researchers at the University of Alberta may have come up with part of the solution — cling wrap made from canola straw. The product is the only one of its kind in the world, […] Read more
Finding room to store this year’s crop is only one of the 
challenges that canola growers are facing this year.
Canola, News

Government aid may be needed for canola growers, says analyst

China situation will drag on and stocks of unsold canola will continue to mount, says trade expert

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With no end in sight to China’s ban on their biggest money-making crop, Ottawa may have to offer financial aid to canola growers, says an ag trade expert. “There will likely be discussions of compensation for canola farmers,” said Sarah Pittman, a policy analyst with the Canada West Foundation in Calgary. “I’m not sure we […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending August 23, 2019.

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