Insights and Stories on Canola Oil

Nov. 13, 2019 at 3:48 pm CST

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend […]

By Phil Franz-Warkentin

Sep. 27, 2019 at 8:13 pm CDT

MarketsFarm — As often has been the case, the canola crush in Canada dipped from July to August, according to Statistics Canada. The federal agency issued its monthly crush numbers on Thursday with 829,778 tonnes of canola crushed in August, down 2.89 per cent from July’s crush. However, August’s crush […]

By Glen Hallick - MarketsFarm

Jun. 13, 2019 at 1:48 pm CDT

Ottawa/Winnipeg | Reuters — Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China. China halted purchases of Canadian canola in March, citing pests in shipments by Richardson International and Viterra. That move, […]

By Kelsey Johnson, Reuters, Rod Nickel

Jun. 6, 2019 at 7:51 pm CDT

Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all […]

By Nivedita Balu, Tina Bellon

Apr. 10, 2019 at 10:23 pm CDT

MarketsFarm — The slowing pace of Canadian canola exports, linked to the country’s trade dispute with China, saw the U.S. Department of Agriculture lower its forecast for Canadian canola exports in the current 2018-19 marketing year. In its latest Oilseeds: World Markets and Trade report, USDA’s Foreign Agricultural Service said […]

By Phil Franz-Warkentin