CNS Canada — Canola crush margins in Western Canada may be well off the highs seen last winter but are still very profitable for domestic processors as they hover around $100 per tonne above the futures. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing […] Read more
Canola crush margins holding steady near $100
Verticillium wilt makes jump to Canadian canola
A Manitoba canola field has been confirmed as the first in North America with Verticillium wilt, a fungal disease well known to northern Europe’s canola and vegetable growers. With no seed treatments or foliar fungicides yet registered against it — and with no resistant canola varieties available — the disease, if here to stay, may […] Read more
The straight goods on canola variety performance
Interactive database allows searches ranging from yield and maturity to lodging and height
Reading Time: 2 minutes Results are in for the 2014 Canola Performance Trials (CPT). Data from the science-based, third-party variety evaluations have been uploaded to the online comparison tool on the CPT website. A summary booklet is also available for download. The online tool includes interactive maps and the ability to refine searches by season zone, herbicide tolerance type, […] Read more
Canola running into chart resistance
Commodity News Service Canada — ICE Futures Canada canola contracts hit some of their best levels since August on Dec. 23, but ran into resistance to the upside to settle with small losses. The nearby trend remains pointed higher overall, but the lack of liquidity over the Christmas and New Year’s holiday season could lead […] Read more
Louis Dreyfus Yorkton plant reopens
Commodity News Service Canada — The Louis Dreyfus canola crushing plant in Yorkton, Saskatchewan, is officially back in operation after an explosion at a meal storage facility in late October forced the plant to close for a number of weeks, says a Dec. 18 statement from the company. “We are pleased to announce that operations […] Read more
ICE weekly outlook: Canola gains outpacing U.S. market
CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, despite losses seen in the Chicago soybean market, which normally drives canola. “It’s good sturdy firmness, but I don’t know if there’s anything special behind it,” said Ken Ball of PI Financial in Winnipeg. “Traders tend to trade canola […] Read more
Dreyfus’ Yorkton canola crush plant status still unclear
CNS Canada — Questions linger over the status of Louis Dreyfus Commodities’ canola crushing plant at Yorkton, Sask., which was forced to halt operations in late October due to an explosion at a meal storage facility. The plant has reportedly been back in operation since the beginning of December, but the company will not confirm […] Read more
‘No news is good news’ for Canadian canola exports
CNS Canada — Steady end-user demand and a lack of any problems from a logistics standpoint are keeping Canadian canola exports moving at a solid pace — but a repeat of the record business of 2013-14 is still unlikely. “There is still some demand out there, but it’s probably not as strong as (at) the […] Read more
Que. complying with, appealing AIT ruling on edible oil products
Quebec has amended its rules on sales of vegetable oil-based dairy products, but is still appealing the ruling that led to the amendments, the Saskatchewan government reports. Amendments to Quebec’s Food Products Act last week have loosened laws that have effectively banned sales in Quebec of edible oil dairy substitutes, such as some margarines and […] Read more
ICE weekly outlook: Canola up, watching beans
CNS Canada — ICE Futures Canada canola contracts posted solid gains during the week ended Wednesday, despite the release of a relatively bearish Statistics Canada production report during the period. StatsCan pegged the country’s 2014-15 canola crop at 15.5 million tonnes — about 1.5 million tonnes above earlier guesses and well above average pre-report trade […] Read more