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GFM Network News

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Canola


“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
Barley, Canola, Cereals, Crops, News, Spring Wheat, Winter Wheat

Australia’s canola improves but still lower than 2023/24

Bumps up wheat estimate, trims barley outlook

By Glen Hallick - MarketsFarm December 2, 2024
Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.

PHOTO Thinkstock
Canola, Markets, Soybeans

ICE Canada Weekly: Uncertainty weighs on canola

By Glen Hallick - MarketsFarm November 27, 2024
As the Canadian canola industry remained braced for whatever may come from China in regard to tariffs, a sharp blow to the oilseed arose from a much different source. United States President-elect Donald Trump threatened Canada and Mexico with 25 per cent tariffs on their goods imported by the U.S. effective Jan. 20, the day he’s sworn in.


PHOTO Thinkstock
Markets, Reuters

Australia, EU canola prices rally as adverse weather crushes supply

Canadian prices will have to rise to ration demand, analyst says

By Ed White, Peter Hobson, Reuters, Sybille De La Hamaide November 26, 2024
Canola oilseed prices in Australia and Europe have risen by around 20 per cent since the start of March due to tight supply and a rally in vegetable oil markets, with further gains expected as buyers remain reluctant to switch to cheaper soybeans.

 Photo: Greg Berg
Markets

ICE canola weekly outlook: Futures drop as demand fades

By Phil Franz-Warkentin November 20, 2024
The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.


AAFC slightly adjusted a few numbers in its November report.
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat

Only small changes in latest AAFC estimates

By Glen Hallick - MarketsFarm November 19, 2024
There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.

 Photo: supplied/minister’s office.
Canola, Crops, Markets, News

Canadian agriculture minister visits China

MacAulay in China week of Nov. 11

By Glen Hallick - MarketsFarm November 19, 2024
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.


VIDEO: Bourgault debuts ‘Wing Tank’ for air carts
Equipment, Machinery

VIDEO: Bourgault debuts ‘Wing Tank’ for air carts

By Scott Garvey November 19, 2024
To go along with its newest 7-Plex air drill introductions, Bourgault is debuting a larger canola tank for its air carts. The Wing Tank boosts capacity to 66 bushels with a conveyor loading feature. Curtis Hinrichsen discusses the features it offers.

(Collab Media/iStock/Getty Images)
General, News

Agfinity shuttered, new brokerage facing online questions

By Phil Franz-Warkentin November 18, 2024
Stony Plain, Alta. grain broker Agfinity laid off employees and started the process of declaring bankruptcy in mid-October, according to former employees. Three former employees are working at launching a new brokerage firm, Grain Gateway Canada, but have run into some strangeness online.


File photo of Rabobank’s office building in Utrecht. (Rabobank.com)
Canola, Corn, Markets, News, Soybeans, Spring Wheat, Winter Wheat

Raboresearch delivers fall agricultural outlook

By Adam Peleshaty November 15, 2024
Raboresearch delivered its fall harvest outlook in an online presentation on Nov. 13, 2024. Analysts showed their insights for the 2025-26 marketing year, including those for Canadian farmers.

Photo: iStock/Getty Images
Canola, Markets, News, Soybeans

ICE Canada Weekly: Sideways trading likely until Trump sworn in

Uncertainty over policies of president-elect

By Glen Hallick - MarketsFarm November 13, 2024
As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.


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