Canola & Production Tips

ICE weekly outlook: Canola watching China before harvest

By GFM Network News August 24, 2016

CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of Canadian canola. Until that happens, canola may face growing pressure between now and next week. On Sept. 1, China is scheduled to lower the amount […] Read more

Canola, Crops, Reuters

Tisdale drops ‘Land of Rape and Honey’ slogan

By Reuters, GFM Network News August 22, 2016

Reuters — The Saskatchewan town of Tisdale is no longer the “Land of Rape and Honey,” it said on Monday, as it dropped a slogan that had been a constant source of complaints. The slogan referred to rapeseed, also known as canola, a major product of Tisdale and the surrounding region along with honey. But […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Wide canola crush margins show no sign of narrowing

By GFM Network News August 19, 2016

CNS Canada –– Canola crush margins remain very wide, and are showing no signs of narrowing back in. As of Friday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $130 above the November contract, which compares with levels at the same time a year ago of $58. Crush margins provide […] Read more

Canola, Crops, Markets

ICE weekly outlook: Traders watch China, production numbers

By GFM Network News August 17, 2016

CNS Canada –– Two main factors are dominating the ICE Futures Canada canola market, one analyst says, as prices are poised to meet resistance in the near-term. “The market is looking for some signs of resolution around this Chinese dockage situation, and it just continues to bring a lot of uncertainty,” said Jonathon Driedger, market […] Read more

Richardson International’s canola crushing facility at Lethbridge, shown here in July 2016. (Photo courtesy Richardson International)

Canola, Crops

Richardson cranking up canola crush, throughput at Lethbridge

By Grainews Staff, GFM Network News August 17, 2016

Agrifood firm Richardson International plans to put up $120 million to dial up the processing capacity of its canola crushing plant in southern Alberta by over 55 per cent. Privately-held, Winnipeg-based Richardson said Wednesday the new upgrades at its Lethbridge plant are expected to boost its peak annual crush to over 700,000 tonnes of canola per year, […] Read more

Canola, Crops, Markets

No resolution on canola dockage rules from talks in China

By GFM Network News August 16, 2016

CNS Canada — Canadian and Chinese officials met in Beijing last week to discuss potential solutions for an upcoming canola trade policy change, but were not able to find a solution ahead of a looming deadline. China’s quarantine authority is set to impose a standard that would allow just one per cent organic waste material […] Read more

Canola, Crops

Canada, China canola talks end without deal

By Rod Nickel, GFM Network News August 12, 2016

Winnipeg | Reuters — Talks between Canadian and Chinese officials ended in Beijing without China backing down from plans to toughen its inspection standard for canola, threatening $2 billion in Canadian exports of the oilseed ahead of a visit by Canada’s prime minister. Discussions will continue between the two governments, and resolving the issue is […] Read more

Canola, Crops

Bunge crush plant taking deliveries after fire

By Grainews Staff, GFM Network News August 11, 2016

U.S. agrifood firm Bunge’s canola crushing plant at Nipawin in northeastern Saskatchewan is taking deliveries from farmers following an Aug. 2 fire. Bunge spokesperson Deb Seidel said via email Tuesday the plant is “partially operational” and the company expects it to be fully operational in about a month. Local media last week quoted fire officials […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola looks to widen out range

By GFM Network News August 10, 2016

CNS Canada — ICE Futures Canada canola contracts appear poised to chop around a new $20 trading range ahead of the harvest. The front-month canola contract had been down at $446 per tonne to start the week (Aug. 3-10) until speculator activity and spillover gains from vegetable oil helped bring it up to the $460 […] Read more

(File photo courtesy Canola Council of Canada)

Canola, Crops, Reuters

Canada, China meet to solve canola spat as deadline looms

By Rod Nickel, GFM Network News August 10, 2016

Winnipeg | Reuters — Canadian officials are in Beijing this week to try to convince China to back off a plan to toughen its standard for Canada’s canola shipments, which has stalled $2 billion in trade, government and industry officials said on Wednesday. China’s quarantine authority AQSIQ told Ottawa in February that it would impose a […] Read more

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Canola

ICE weekly outlook: Canola watching China before harvest

Tisdale drops ‘Land of Rape and Honey’ slogan

Wide canola crush margins show no sign of narrowing

ICE weekly outlook: Traders watch China, production numbers

Richardson cranking up canola crush, throughput at Lethbridge

No resolution on canola dockage rules from talks in China

Canada, China canola talks end without deal

Bunge crush plant taking deliveries after fire

ICE weekly outlook: Canola looks to widen out range

Canada, China meet to solve canola spat as deadline looms

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