Insights and Stories on Canola Prices

Nov. 26, 2024 at 10:19 am CST

Canola oilseed prices in Australia and Europe have risen by around 20 per cent since the start of March due to tight supply and a rally in vegetable oil markets, with further gains expected as buyers remain reluctant to switch to cheaper soybeans.

By Ed White, Peter Hobson, Reuters, Sybille De La Hamaide

Nov. 19, 2024 at 2:24 pm CST

The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.

By Glen Hallick - MarketsFarm

Nov. 13, 2024 at 3:01 pm CST

As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.

By Glen Hallick - MarketsFarm

Oct. 30, 2024 at 3:56 pm CDT

Rising Malaysian palm oil prices gave canola prices a lift during the week ended Oct. 30, 2024.

By Adam Peleshaty

Oct. 23, 2024 at 4:00 pm CDT

Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.

By Glen Hallick - MarketsFarm