Winnipeg/Beijing | Reuters — A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports and causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief financial officer Meng Wanzhou in […] Read more
Canadian canola runs into Chinese delays after Huawei arrest
Weekly canola exports pick up
Weekly Canadian canola exports hit their highest level in more than two months during the week ended Sunday, helping narrow the gap between this year’s export pace and the year-ago movement. Canola exports of 268,500 tonnes during week 26 of the crop year were roughly double the previous week’s total and the largest movement in […] Read more
ICE weekly outlook: Canola waits on trade talks, USDA reports
ICE canola futures are quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain senior marketing analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” he said. Two days of high-level trade negotiations between […] Read more
ICE weekly outlook: Weak export data holds back canola market
The Canadian dollar and vegetable oil are the main supports for canola contracts on the futures markets, but sluggish exports are holding it back from further gains, said a market analyst. Other than being down on Monday, canola has finished up in five of its last six sessions, according to Pro Farmer Canada’s Mike Jubinville. […] Read more
Canola performance results available
Reading Time: < 1 minute The results from the 2018 Canola Performance Trials are now available. Data from small-plot and field-scale trials can be downloaded in a booklet format. The booklet has yield, height, lodging, days to maturity, and calculated gross revenue values for 29 varieties grown in short-, mid- and long-season zone locations all across Western Canada. It features […] Read more
Green seed canola a big issue for producers this year
Know what you’ve got, watch for spoilage, and make calls to potential buyers of lower grades, says crop specialist
Reading Time: 2 minutes Canola samples have highly variable levels of distinctly green seed this year, says a provincial crops analyst. “Some farmers have reported that there has been a reduction in the green seed count during storage and others have said that it has not changed since harvest,” said Neil Blue. But many producers, particularly in the northern […] Read more
Canola trade on edge over China tensions
Canadian canola exports to China face some uncertainty as concerns mount that political tensions between the two countries could spill into trade. The back-and-forth tariff dispute between the U.S. and China, and resulting decline in Chinese purchases of U.S. soybeans, originally led to ideas that Canada would pick up some of the slack with increased […] Read more
ICE weekly outlook: Quiet winter has canola steadying
CNS Canada — The ICE Futures canola market is expected to stabilize now as there isn’t really any big news to drive North American oilseed markets. “We don’t have something very dominant for traders to focus on and supplies are pretty comfortable everywhere in the oilseed complex for now… the only factor that has hurt […] Read more
Canadian canola demand off year-ago pace
CNS Canada — Canadian canola exports and domestic usage are both falling behind the year-ago pace, according to the latest Canadian Grain Commission data. Canada exported only 63,700 tonnes of canola during the week ended Jan. 6, according to the report. That compares with the average weekly movement during the crop-year-to-date of about 200,000 tonnes. […] Read more
Canola, corn, soy traits to move forward with China approvals
Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] Read more
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