Insights and Stories on Canola

Jan. 26, 2022 at 7:55 pm CST

MarketsFarm — With so many influences affecting ICE Futures canola, one trader said it’s hard to figure just where the Canadian oilseed will go. Another trader, however, said the days of canola fetching more than $1,000 per tonne for an extended period of time are pretty much over. “It’s probably […]

By Glen Hallick - MarketsFarm

Jan. 21, 2022 at 9:34 am CST

University of Calgary researchers have used gene editing to bring to life a new shorter, highly branched variety of canola that has more pods and is easier to harvest. “Based on my conversations with some people in the agriculture industry — including primary producers — they would love to have […]

By Jeff Melchior

Jan. 19, 2022 at 6:28 pm CST

MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per […]

By Phil Franz-Warkentin

Jan. 17, 2022 at 8:34 pm CST

Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that […]

By Dave Bedard

Jan. 12, 2022 at 6:49 pm CST

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the […]

By Glen Hallick - MarketsFarm