Insights and Stories on Canola

Aug. 10, 2016 at 3:25 pm CDT

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 […]

By Rod Nickel

Aug. 3, 2016 at 7:35 pm CDT

U.S. agrifood processor Bunge is sizing up damage to its canola crushing plant at Nipawin in northeastern Saskatchewan after a fire in one of its buildings Tuesday. According to local media, firefighters were called to the plant late Tuesday afternoon and fought a fire at the site until after midnight. […]

By Staff

Aug. 3, 2016 at 5:17 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but held above major support as prices remain relatively cheap compared to other oilseeds. Fund traders adding to short positions were behind much of the weakness in canola, although traders said the net short position […]

By Phil Franz-Warkentin

Jul. 26, 2016 at 3:50 pm CDT

Commodity News Service Canada – It’s a nervous time for Canada’s canola industry as it lobbies the Chinese government over a plan to impose new dockage rules on imports of Canadian canola on Sept. 1. That’s when China’s quarantine agency, AQSIQ, says the dockage allowances for Canadian canola will be pegged […]

By Dave Sims

Jul. 13, 2016 at 5:46 pm CDT

CNS Canada — ICE Futures Canada canola prices edged up on the week, propped up by soggy Prairie fields and the anticipation for warm, dry weather in the U.S. Going forward, the market will be dominated by fund trading and weather-watching. “Funds are net short right now, and that’s something […]

By Jade Markus