canola oil Archives | Page 2 of 4 | Alberta Farmer Express

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.

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

Canola, Crops, Markets, Reuters

Ottawa expands insurance for canola exporters amid China dispute

By Kelsey Johnson, Reuters, Rod Nickel June 13, 2019

Ottawa/Winnipeg | Reuters — Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China. China halted purchases of Canadian canola in March, citing pests in shipments by Richardson International and Viterra. That move, which came as Beijing has […] Read more

A+W’s Beyond Meat Burger. (A+W/CNW Group)

Crops, Pulses, Reuters

Beyond Meat sees sales more than doubling in 2019

By Nivedita Balu, Tina Bellon June 6, 2019

Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all figures US$), with break-even earnings, […] Read more

Canola, Crops, Markets

USDA lowers Canadian canola export forecast

By Phil Franz-Warkentin - MarketsFarm April 10, 2019

MarketsFarm — The slowing pace of Canadian canola exports, linked to the country’s trade dispute with China, saw the U.S. Department of Agriculture lower its forecast for Canadian canola exports in the current 2018-19 marketing year. In its latest Oilseeds: World Markets and Trade report, USDA’s Foreign Agricultural Service said actual Canadian exports could end […] Read more

ICE May 2019 canola futures, with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets, Reuters

Trudeau optimistic about making progress to end China canola ban

By David Ljunggren, Mark Weinraub March 22, 2019

Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry group said Chinese importers had […] Read more

Soybeans at market. (Lnzyx/iStock/Getty Images)

Canola, Crops, Markets, Reuters, Soybeans

China forecasts rising soy imports to make up for less canola

By Reuters March 8, 2019

Beijing | Reuters — China on Friday raised its forecast for soybean imports during the 2018-19 crop year to 85 million tonnes, up from 83.65 million in last month’s outlook, after the country’s customs agency suspended some imports of rival oilseed canola. China’s ministry of agriculture and rural affairs said in its monthly forecast on […] Read more

(Noel Hendrickson/DigitalVision/Getty Images)

Canola, Corn, Crops, Soybeans

Richardson to buy Wesson cooking oil brand

By Dave Bedard December 18, 2018

A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops

Canola crushing steady

By MarketsFarm Team July 25, 2018

CNS Canada — Canada’s domestic canola crushing remains steady year over year. Statistics Canada data show 742,573 tonnes of canola seed crushed in June this year, which marks a slight rise from 731,124 in June 2017 and 702,716 in the same month of 2016. Domestic crushers processed 765,216 tonnes of seed in May of this […] Read more

Crops, Peas, Pulses

A+W to launch pulseburger next month

By Alberta Farmer Staff June 21, 2018

Canada’s second-biggest burger chain plans to roll out a new non-meat burger in the Canadian market starting in July. A+W Food Services of Canada on Thursday announced a July 9 release date for what it’s dubbed the Beyond Meat Burger at all its restaurants across the country, in what CEO Susan Senecal called “the fastest […] Read more

Canola, Corn, Crops, Reuters

Smucker drops bid to buy Wesson Oil after U.S. objects

By David Shepardson March 6, 2018

Washington | Reuters — J.M. Smucker Co. said on Tuesday it will abandon its plan to acquire Conagra Brands’ Wesson Oil brand after the U.S. Federal Trade Commission had moved to block the deal arguing it would likely lessen competition and violate anti-trust law. Mark Smucker, CEO of J.M. Smucker, said “it is not in […] Read more

Ex-GFO CEO to manage Seeds Canada

Tory MP’s bill on farm transfer tax treatment moves ahead

Forecast, flea beetles complicate canola timing

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