Insights and Stories on Canola Exports

Mar. 14, 2024 at 9:25 am CDT

At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.

By Glen Hallick - MarketsFarm

Mar. 13, 2024 at 2:40 pm CDT

Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.

By Phil Franz-Warkentin

Feb. 7, 2024 at 5:18 pm CST

While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.

By Glen Hallick - MarketsFarm

Jan. 10, 2024 at 4:09 pm CST

The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.

By Phil Franz-Warkentin

Dec. 7, 2023 at 1:56 pm CST

China has done most of the heavy lifting when it comes to Canadian canola exports through the first three months of the 2023/24 marketing year (Aug/Jul), according to the latest international trade data released Dec. 6. Statistics Canada reported canola exports through October at 1.566 million tonnes, with China accounting for 64 per cent of the total (1.006 million tonnes). Japan and Mexico followed at 273,300 tonnes and 196,900 tonnes respectively.

By Glacier FarmMedia, Phil Franz-Warkentin