canola oil Archives | Alberta Farmer Express

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more

Canola, Crops, Soybeans

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

By Dave Bedard, GFM Network News October 27, 2020

The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more

File photo of a cooking oil bottling line in Spain. (Sabor de España/iStock/Getty Images)

Canola, Crops, Markets, Reuters

Canadian canola prices spike as shippers find back door to China

'Profits are extravagant... It is like gold oil now'

By Rod Nickel, Hallie Gu, GFM Network News August 10, 2020

Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police […] Read more

Canola, Crops, Markets, Soybeans

Canola crush edges up, soybean crush falls

By MarketsFarm Team, GFM Network News July 25, 2020

MarketsFarm — As the amount of canola crushed in Canada increased slightly in June, the soybean crush was down significantly, according to the latest monthly report from Statistics Canada. The federal agency on Thursday released crushing statistics for major oilseeds, which showed 864,559 tonnes of canola crushed in June, up 1.12 per cent from the […] Read more

Corteva Agriscience, which spun off from the merged Dow and DuPont in 2019, got its canola seed breeding lab and research station in Saskatoon from the Dow AgroSciences end of the merger. (Video screengrab from Corteva.ca)

Canola, Crops

Supercluster backing canola protein production

By GFM Staff January 16, 2020

The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, federal Industry Minister Navdeep Bains announced the Protein Industries Canada (PIC) supercluster has approved a new $27.6 million project to breed high-protein canola hybrids for […] Read more

John Guelly tweeted this photo during this year’s harvest with the warning: “When ur out swathing, spraying or harvesting, keep an eye out 4 patches that look brown & dead like this.” Although clubroot wasn’t the cause in this case, taking a proactive approach is critical to managing the disease, which is continuing its relentless march across the province.

Canola, Crops

The Year That Was: Clubroot continued its deadly march in 2019

The disease didn't make the headlines in 2019 but its assault on Alberta continued

By Jennifer Blair January 5, 2020

Reading Time: 5 minutes The rapid spread of clubroot in the last decade will continue in the coming one if canola growers don’t start to get ahead of the disease. “The resistance is being overcome already, and some of those cases are pretty significant and serious infestations,” said Dan Orchard, agronomy specialist with the Canola Council of Canada. “In […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Crops, Markets

Palm oil 101: Sought-after crop holds sway over oilseed trade

By Phil Franz-Warkentin - MarketsFarm December 31, 2019

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers of the crop, with futures […] Read more

ICE January 2020 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Steady canola market stuck in rut

By Phil Franz-Warkentin - MarketsFarm November 13, 2019

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Canada’s canola crush down slightly in August

By Glen Hallick - MarketsFarm September 27, 2019

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush was the second most so […] Read more

Botaneco — a Calgary company that extracts oils from oilseeds sourced from the Prairies — is being held up as an example of what value-added processing could do for the oilseed sector.

News

Protein supercluster backs Calgary oilseed processor

By Alberta Farmer Staff July 16, 2019

Industry will match PIC's $4 million

Reading Time: 2 minutes A Calgary company that has developed a unique way to process oil from canola, hemp, sunflower, and safflower seeds is the first recipient of funding from a protein ‘supercluster.’ Protein Industries Canada, one of five federally backed research and innovation superclusters, is putting in $4 million to commercialize plant protein processing technology developed by Botaneco […] Read more

U.S. livestock: Live cattle futures extend slide

U.S. grains: Corn up on weather outlook, weaker dollar

Federal budget to offer direct payments to farmers for carbon pricing

GFM Network News