Insights and Stories on Canola

Oct. 12, 2018 at 4:34 pm CDT

CNS Canada — Canadian farmers made heavy deliveries of canola into the commercial pipeline during the first week of October, according to the latest Canadian Grain Commission data. The active movement came despite persistent reports of harvest-delaying weather in many areas. While snow continued to keep farmers off of their […]

By Phil Franz-Warkentin

Oct. 2, 2018 at 8:17 pm CDT

Responses from Canada’s farm sectors range from acceptance to anger as concessions and market access granted under the successor to the North American Free Trade Agreement (NAFTA) come into clearer view. Dairy: ‘Who needs an enemy?’ The new agreement, announced Sunday and dubbed the United States-Mexico-Canada Agreement (USMCA) by the […]

By GFM Staff

Sep. 28, 2018 at 5:10 pm CDT

CNS Canada — A potential shortage of canola on Australia’s east coast has the oilseed industry there musing about the potential of importing Canadian canola to keep processing plants going. A story Tuesday on the Australian website Farm Online quoted Australian Oilseeds Federation CEO Nick Goddard as explaining the potential […]

By Ashley Robinson - MarketsFarm

Sep. 27, 2018 at 4:49 pm CDT

Reuters — Grains trader Cargill reported a nearly five per cent rise in quarterly profit on Thursday as global demand for beef and improved oilseed crushing results offset challenges in several business units. But Cargill also faced various headwinds across the company — particularly in its protein and food ingredients […]

By P.J. Huffstutter

Sep. 26, 2018 at 5:17 pm CDT

CNS Canada — ICE Futures canola contracts moved off their nearby lows over the week ended Wednesday as persistent harvest delays provided support. Additional strength, however, may be dependent on movement in the Chicago soybean market. “Soybeans will be the driving force behind which way canola futures go,” said commodities […]

By Phil Franz-Warkentin