GFM Network News

(File photo courtesy Canola Council of Canada)

Canadian canola exports picking up

CNS Canada — Weekly Canadian canola exports hit their second-highest level of the marketing year to date during the latest reporting period, although total out-of-country business is still running behind the year-ago level. Canada exported 293,300 tonnes of canola during the week ended Sunday, according to the latest Canadian Grain Commission data. That compares with […] Read more

Cargill’s new facility near Camrose, which opened last summer, is part of the reason why crush is running at record rates.

Canola crush is thundering along at a record rate this year

Crush production records have been falling like flies, 
and both producers and the wider economy are benefiting

Reading Time: 3 minutes This year’s canola crush is on pace to be the highest ever, which is good news for producers. “It’s great for farmers,” said Renn Breitkreutz, vice-chair of the Alberta Canola Producers Commission. “Our product is in demand and we’ve seen significant investment in crush capacity over the past couple of years and now it seems […] Read more

Oilseed Rape Pods

What is the effect of lower crush margins?

Lower margins suggest canola crushers will reduce production, but that’s not necessarily so

Reading Time: < 1 minute Crush margins have dropped sharply in the last 18 months, but the implications for canola producers aren’t clear, says a provincial crops analyst. Canola crushers don’t disclose their margins, and so the trade estimates a “board” canola crush margin based on ICE Canada canola futures and U.S. futures markets for soybean oil and soybean meal, […] Read more