Insights and Stories on Canola

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 […]

Reading between the lines: Oversold canola due for correction

Mar. 9, 2023 at 8:03 pm CST

By Phil Franz-Warkentin

Canola industry ready to move forward

Mar. 9, 2023 at 12:18 pm CST

By Glacier FarmMedia staff Gord Gilmour

USDA sees increased EU canola imports, no extra from Canada

Mar. 8, 2023 at 8:20 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Upswings likely out of question for canola

Mar. 8, 2023 at 8:02 pm CST

By Glen Hallick - MarketsFarm

Record winter crop production expected for Australia

Mar. 6, 2023 at 5:02 pm CST

MarketsFarm — Australia will see its highest-ever winter crop production thanks to record wheat and canola harvests, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released Monday. Winter crop production in Australia is estimated at 67.6 million tonnes, up 8.4 […]

By MarketsFarm

Merit Foods stakeholder looking to buy company

Mar. 4, 2023 at 12:22 pm CST

One of the joint-venture owners of Winnipeg pea and canola protein processor Merit Functional Foods says it’s in talks to buy full control of the cash-strapped company. Two days after Merit entered a court-ordered receivership, Vancouver-based Burcon NutraScience announced Friday it “intends to submit a formal proposal to acquire the […]

By Dave Bedard

Plant protein processor Merit Foods in receivership

Mar. 1, 2023 at 8:21 pm CST

The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers (PwC) on Wednesday announced it’s the receiver for both Merit Functional Foods Corp. and the numbered company that owns Merit’s […]

By Dave Bedard

ICE weekly outlook: Canola drifts downward with soybeans

Mar. 1, 2023 at 6:47 pm CST

MarketsFarm — The ICE Futures canola market drifted downward during the week ended Wednesday largely due to macroeconomic activity in the markets, according to one analyst. Jerry Klassen from Resilient Commodity Analysis in Winnipeg said canola prices have mostly followed the lead of the Chicago soy complex, while rains fell […]

By Adam Peleshaty

Crop, livestock prices offset reduced marketings in 2022

Feb. 28, 2023 at 8:19 pm CST

New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop […]

By Dave Bedard