Insights and Stories on Canola

Jan. 29, 2025 at 11:10 am CST

Data released by Statistics Canada on Jan. 29 showed the December crush of canola and soybeans came in higher than a year ago.

By Glen Hallick - MarketsFarm

Jan. 27, 2025 at 3:51 pm CST

Canada's canola oil industry is facing two threats from the United States, said Chris Vervaet, executive director of the Winnipeg-based Canadian Oilseed Processors Association.

By Glen Hallick - MarketsFarm

Jan. 22, 2025 at 3:49 pm CST

The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.

By Glen Hallick - MarketsFarm

Jan. 17, 2025 at 2:56 pm CST

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.

By Glen Hallick - MarketsFarm

Jan. 15, 2025 at 3:50 pm CST

ICE Futures canola market traded within a wide range during the week ended Jan. 15, hitting its strongest levels since November at one point before backing away from those highs.

By Phil Franz-Warkentin