Canola Archives - Page 21 of 311

Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

By Glen Hallick - MarketsFarm January 17, 2025

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.

Markets

ICE canola weekly outlook: Outside forces supportive

By Phil Franz-Warkentin January 15, 2025

ICE Futures canola market traded within a wide range during the week ended Jan. 15, hitting its strongest levels since November at one point before backing away from those highs.

Crops, News

Ottawa blesses Bunge’s Viterra takeover, with conditions

Merged firm must sell six elevators, keep distance from G3

By Dave Bedard January 15, 2025

Canada’s federal government will allow the acquisition of major Canadian grain firm Viterra by one of the world’s biggest grain industry players, but not without conditions. Federal Transport Minister Anita Anand on Tuesday announced the government’s decision to approve Viterra’s acquisition by U.S.-based Bunge, the ‘B’ in the ‘ABCD’ group of the world’s most influential […] Read more

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Canola, Markets

Canadian canola exports surging in 2024/25

China top customer

By Glen Hallick - MarketsFarm January 14, 2025

Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.

A farmer in China piles wheat. Photo: Reuters/File

News, Reuters

China accelerates efforts to boost crop yields, ensure food security

By Reuters January 9, 2025

China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ministry said in a statement late on Wednesday.

Canola, Markets, Soybeans

ICE Weekly: No news means no canola price movement

By Adam Peleshaty January 8, 2025

A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.

Markets, Reuters

China rapeseed meal futures slide after Trudeau announces plans to resign

By Geralyn Wichers, Isabella Jibilian, Mei Mei Chu January 7, 2025

China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.

Barley, Canola, Cereals, General, Markets, Oats, Spring Wheat, Winter Wheat

StatCan issues crush, delivery reports

Canola crush, deliveries step back in November

By Glen Hallick - MarketsFarm December 27, 2024

Statistics Canada published its crush and grain deliveries reports on Dec. 24.

Barley, Canola, Cereals, Corn, Crops, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

AAFC adjusts monthly estimates, cites caution for canola exports

Impact of China's anti-dumping investigation unknown at this time

By Glen Hallick - MarketsFarm December 19, 2024

Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.

Crush plants on the Prairies are going flat out these days, including the four in Alberta at Lloydminster (ADM), Fort Saskatchewan (Bunge), Camrose (Cargill) and Lethbridge (Richardson). Photo: iStock

Markets

ICE canola weekly outlook: U.S. biofuel uncertainty weighs

By Phil Franz-Warkentin December 18, 2024

The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.

GFM Network News

Association of Equipment Manufacturers sets up lobby in Ottawa

Corteva to split seeds, pesticide units into separate listed companies

Prairie spring wheat bids soften with U.S. futures

Canola