Insights and Stories on Canola

Bidding open for Merit Foods for two more weeks

Apr. 6, 2023 at 5:52 pm CDT

The fate of Winnipeg pea- and canola-based protein processor Merit Functional Foods won’t be confirmed until the end of April at the earliest. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership March […]

Canola short position finally subsiding

Apr. 4, 2023 at 12:50 pm CDT

By Phil Franz-Warkentin

How to reach 52 bushels per acre of canola in 2023

Mar. 31, 2023 at 9:07 am CDT

By Mark Halsall

ICE weekly outlook: Not a matter of when, but where canola peaks

Mar. 29, 2023 at 6:29 pm CDT

By Glen Hallick - MarketsFarm

Canola fund short position still rising

Mar. 23, 2023 at 10:59 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola continues its collapse

Mar. 22, 2023 at 6:05 pm CDT

MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief on the horizon. Winnipeg-based trader Jerry Klassen of Resilient Commodity Analysis said the massive selloff is the result of farmers […]

By Adam Peleshaty

ICE weekly outlook: No floor in sight for overdone canola

Mar. 15, 2023 at 8:38 pm CDT

MarketsFarm — The ICE Futures canola market was in freefall mode through the first half of March, hitting its weakest levels in over a year. While the losses may be looking overdone, the bottom remains to be seen. “This has been a brutal drop in canola,” said Bruce Burnett, director […]

By Phil Franz-Warkentin

Canola crush of 2022 smallest in five years

Mar. 13, 2023 at 3:44 pm CDT

MarketsFarm — Statistics Canada (StatCan) reported that 2022 had the smallest domestic canola crush for a calendar year since 2017. As well, 2022 marked the smallest canola oil production in five years and the least amount of canola meal produced in four years. The sharp reduction of canola being crushed […]

By MarketsFarm

Confirmation of large canola short position slowly appears

Mar. 10, 2023 at 8:00 pm CST

MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out from the U.S. Commodity Futures Trading Commission (CFTC). CFTC data has stalled since a ‘cyber-related incident’ delayed the release of […]

By Phil Franz-Warkentin

Pulling back the curtain on the ag lobby

Mar. 10, 2023 at 9:58 am CST

Canadian agriculture collectively forms a large and busy lobby. Last year, two canola groups cracked the top 10 busiest lobby groups in all Canadian sectors, according to “The Lobby Monitor” website. On top was the Canadian Canola Growers Association. Though the ag lobby outworks other industries or interests, farmers may […]

By Geralyn Wichers