Reading Time: 4 minutes Canadian canola producers are poised to crush the Asian canola oil market if the Trans-Pacific Partnership trade deal is implemented. “The immediate benefit in the next five years is going to be that the tariffs on canola oil going into Japan are going to drop from 15 per cent to zero,” said Ward Toma, general […] Read more
A golden future? Trade deal could see more canola crushing here
Canola producers who farm close to crush plants can get premiums, but it can mean more trucking costs
Weekly canola crush hits new record
CNS Canada –– Canola oil is flowing freely in Western Canada, with domestic processors crushing more canola in a single week than ever before, according to the latest data from the Canadian Oilseed Processors Association (COPA). The weekly canola crush hit 184,493 tonnes during the week ended Wednesday, which is more than 10,000 tonnes above […] Read more
Poisonous weed found in Alberta canola fields
Devil’s trumpet is highly poisonous, but poses little risk when processed into canola meal or oil
Reading Time: 4 minutes There’s still more questions than answers after a highly toxic prohibited weed was found in canola fields in three counties in north-central Alberta. Devil’s trumpet — also called jimsonweed — has been confirmed in Barrhead, Leduc, and Westlock counties, but how it got there and how widespread the problem is remains a mystery. “It would […] Read more
Loan called on Legumex’s U.S. canola crusher
Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more
Canada’s canola crop woes cut crusher profits to two-year low
Winnipeg | Reuters — Problems with Canada’s canola crop are driving up the oilseed’s price, cutting processors’ margins to their lowest levels in two years and threatening to boost the price of a key ingredient of salad dressings and potato chips. Frost and dry conditions on the Canadian Prairies have damaged the crop, which processors, […] Read more
U.S. trans fat ban creates opportunities for canola
CNS Canada — A move by the U.S. Food and Drug Administration to ban artificial trans fats in processed foods within three years will create opportunities for Canada’s canola sector, especially high oleic varieties such as Nexera. Partially hydrogenated oils (PHOs), which are the primary source of artificial trans fat in processed foods, are not […] Read more
Condo developer to ship canola oil to China, Canada says
Winnipeg | Reuters — A condominium developer has signed a $1 billion deal to export Canadian canola oil to China, according to the Canadian government. The deal was one of more than 20 commercial agreements signed during Prime Minister Stephen Harper’s visit to China, which wrapped up this week. The government said on its website […] Read more
New Canadian canola production target: 26 million tonnes by 2025
The Canola Council of Canada says almost all of the new production will come from increased yields, not more acres
Reading Time: 3 minutes After hitting its production target of 15 million tonnes average canola two years early, the Canola Council of Canada has a new one — 26 million tonnes by 2025. It says it will be achieved not by planting more acres, but through higher yields averaging 52 bushels an acre, instead of the current five-year average […] Read more
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