CNS Canada — Visible canola supplies in Canada dipped below one million tonnes for the first time since the 2017 harvest, according to the latest Canadian Grain Commission data. Canola stocks in commercial hands as of Sunday were pegged at 991,400 tonnes by the Canadian Grain Commission in its latest report. That’s down by about […] Read more
Visible Canadian canola supplies tighten
Canola exports slow down in latest weekly report
CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during […] Read more
ICE weekly outlook: Big canola supply counters big demand
CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in a month earlier this week, but appear to have found some support from a chart standpoint. Solid demand on the one hand is being countered by large supplies on the other. “The demand component is powerfully strong,” said Mike Jubinville of […] Read more
Chinese protein preference becoming big obstacle for canola
Winnipeg | CNS Canada — As China’s consumption of higher-protein foods continues to grow, so too does its selectiveness for which oilseeds it will pursue on the open market. So far, it’s a race canola does not seem to be winning. “The big demand factor in China is protein, rather than vegetable oil,” said Felix […] Read more
Record weekly canola exports reported
Winnipeg | CNS Canada – Canada exported the most canola in a single week ever during the week ended November 5, according to the latest Canadian Grain Commission report. The CGC pegged weekly canola exports at 470,200 tonnes of canola during the reporting period. That compares with average weekly exports over the past year of […] Read more
Visible Canadian canola stocks tightest in four years
CNS Canada — Canola supplies in commercial hands in Canada dropped to their tightest level in four years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 511,500 tonnes, are down from the already tight level of 556,700 posted the previous week, and represent the […] Read more
Visible canola stocks tightest in nearly three years
CNS Canada –– Canola supplies in commercial hands in Canada dropped to their tightest level in nearly three years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 702,700, are down from the already tight level of 830,200 tonnes posted the previous week and represent […] Read more
Canada’s canola stocks drop beneath ‘low’ line
CNS Canada — Canola supplies in commercial hands in Western Canada dropped below one million tonnes during the week ended Sunday, hitting only 854,600 tonnes, according to the latest Canadian Grain Commission report. Visible canola stocks are typically considered low whenever they move below one million tonnes. Current supplies on hand are the smallest since […] Read more
Visible Canadian canola stocks tighten
CNS Canada –– Canola supplies in commercial hands in Western Canada are tightening, with the latest Canadian Grain Commission weekly report showing only 1.05 million tonnes in the pipeline as of Sunday. Visible canola stocks are typically considered low whenever they move below one million tonnes. The current supplies on hand are the smallest since […] Read more
Free trade deal with China worth billions, says canola council
Deal could up canola oil, seed, and meal sales to China by $1.2 billion a year and create 33,000 new jobs, says organization
Reading Time: 2 minutes The canola sector is welcoming Ottawa’s move to begin discussions on a free trade agreement with China. A free trade deal with China could create 33,000 additional jobs in Canada from increased exports of canola alone, said the Canola Council of Canada, which commissioned an independent analysis on that subject. “Freer trade with China would […] Read more
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