Insights and Stories on Canola

Canada will not be intimidated by China retaliation, Trudeau says

May. 9, 2023 at 6:21 pm CDT

Ottawa | Reuters — Prime Minister Justin Trudeau on Tuesday said Canada will not be intimidated by China following tit-for-tat diplomatic expulsions by Ottawa and Beijing. Ottawa expelled Chinese diplomat Zhao Wei on Monday over allegations related to foreign interference, and hours later, China asked a Canadian diplomat in Shanghai […]

Canola fund short position grows

May. 8, 2023 at 9:47 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Expect canola to climb higher

May. 3, 2023 at 4:47 pm CDT

By Glen Hallick - MarketsFarm

Fund short position in canola grows for first time in a month

May. 1, 2023 at 8:23 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: StatCan’s canola area estimate questioned

Apr. 27, 2023 at 3:27 pm CDT

By Adam Peleshaty

StatCan expects more wheat, canola acres in 2023

Apr. 26, 2023 at 11:26 am CDT

MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field crop area. The increases in those crops will come at the expense of oats, lentils and peas, with intended summerfallow […]

By Phil Franz-Warkentin

Merit Foods co-owner Burcon partnering on bid for assets

Apr. 25, 2023 at 8:11 pm CDT

A major shareholder in beleaguered pea and canola protein processor Merit Functional Foods has brought on an unnamed partner in its bid to buy the business out of receivership. After announcing last month it would submit a bid for the next-to-new Merit assets, Vancouver-based plant protein firm Burcon NutraScience said […]

By Dave Bedard

Analysts expect additional acres for canola, wheat

Apr. 24, 2023 at 6:43 pm CDT

MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and […]

By Adam Peleshaty

AAFC raises canola stocks projections

Apr. 23, 2023 at 2:44 am CDT

MarketsFarm — Canola ending stocks for both the current marketing year and 2023-24 were raised slightly by Agriculture and Agri-Food Canada (AAFC) in its latest supply/demand projections, released Friday. The government agency lowered its canola export forecast for 2022-23 by 200,000 tonnes from March, now pegging movement at 8.4 million […]

By Phil Franz-Warkentin

ICE weekly outlook: Weather to influence canola price movement

Apr. 19, 2023 at 5:14 pm CDT

MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants wait to get a better handle on new-crop prospects. “There’s some concern developing on seeding delays,” said Jamie Wilton of […]

By Phil Franz-Warkentin