GFM Network News



co-op refinery complex regina

Even in Regina, biodiesel refinery will benefit Alberta canola growers

Proposed facility would be a huge user of canola and boost demand for crop, say canola leaders

Reading Time: 3 minutes A supersized new biodiesel plant will be good news for Alberta canola growers — even if it's not actually located in Alberta. "It would have been great if it had been close to home for me personally, but there's a bigger picture," said Sylvan Lake producer Mike Ammeter, a director for Alberta Canola. "Even if […] Read more


Will there be any canola left in bins come fall?

Will there be any canola left in bins come fall?

'Stocks are setting up to be the smallest in years'

Reading Time: 2 minutes It's been a time that canola growers won't soon forget, says a provincial crop analyst. "Producers with unpriced canola remaining after the 2020 harvest have been delighted and amazed by the price increase since harvest," Neil Blue said in a recent Agri-News article. "New record canola prices have been set for both futures and cash." […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (light yellow, dark yellow, dark green lines). (Barchart)

ICE weekly outlook: Challenging crop year ahead for canola

MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where are prices going to go? In any given year that’s challenging, especially in this year,” said David Derwin, analyst for PI Financial in Winnipeg. “That […] Read more


(Dave Bedard photo)

StatsCan’s projected canola area on low side of expectations

Wheat acres expected lower, barley up

MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to rectify tight ending stocks. In StatsCan’s survey-based principal field crop areas report, released Tuesday, the federal agency pegged canola acres for 2021-22 at 21.53 million, […] Read more

Kyle Jeworski, Viterra’s CEO for North America, speaks in a December 2020 promotional video announcing the company’s worldwide rebranding. (Viterra video screengrab via YouTube)

Viterra plans major canola crusher for Regina

Expected capacity would make facility largest in world

Grain handler and processor Viterra is taking its plans to build the world’s biggest canola crusher to its Prairie home town. The North American arm of Rotterdam-based Viterra said Monday it’s in the “feasibility” stage of designing and finalizing plans for what it bills as the “world’s largest integrated canola crush facility” in the northeast […] Read more


(Dave Bedard photo)

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing […] Read more

Excerpt from a digital rendition of Cargill’s proposed $350 million canola crushing plant proposed for the Regina area. (Image courtesy Cargill)

Cargill to crush canola at Regina

New plant to process up to one million tonnes per year

The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company announced Thursday it would start construction on the $350 million plant “early next year” and expects to have it operating by early 2024, employing about […] Read more



(Dave Bedard photo)

Slight adjustments in AAFC’s April supply/demand report

MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more