Reading Time: 5 minutes Glacier FarmMedia – Increased demand driven by the biofuels market will put upward pressure on canola prices. The biofuels industry could drive canola demand into uncharted territory in the coming decade, says one industry expert. “The capacity of crush could grow from 11.3 million metric tonnes today to 18 million metric tonnes in three or […] Read more
Canola sector anticipates biofuel boom
Renewable fuels could give canola demand ‘unprecedented’ growth
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
ICE weekly outlook: Canola seeking a catalyst
Soyoil has been weaker than expected, pressuring canola, analyst says
Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.
Exciting but challenging times ahead for new Alberta Canola board
A new director and a long-time chair share thoughts on the canola industry
Reading Time: 4 minutes A long-time Alberta Canola director is entering his third term as chair and a new member will replace another long-serving director. Roger Chevraux of east-central Alberta was re-elected as director of Region 11 and to his third term as chair. Jeff Frost of Olds replaces Ian Chitwood of Airdrie in his capacity as Region 8 […] Read more
Don’t grow deregistered canola varieties
Reading Time: < 1 minute Growing registered canola varieties is an important way to assure Canada’s export customers that the oil and meal quality, biotech traits and disease resistance in the Canadian canola supply meets their requirements. To mitigate risk, do not seed any deregistered canola varieties and do not deliver seed produced from them to an elevator or grain […] Read more
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
Record large fund short position grows in canola
Net short in soybeans, corn also grew
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
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