(Dave Bedard photo)

ICE weekly outlook: Canola watching USDA report

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point appeared ready to test the […] Read more






Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola crush hits new weekly record

CNS Canada — Canadian canola processors are running at close to full capacity, despite any softness in crush margins, with the weekly crush hitting its largest level ever, according to the latest data from the Canadian Oilseed Processors Association (COPA). The weekly canola crush hit 188,081 tonnes during the week ended Wednesday, topping the previous […] Read more



(Photo courtesy Canola Council of Canada)

Canada presses China on science in canola trade spat

Ottawa | Reuters — Canada is urging the Chinese government to stick to scientific facts in decisions on trade as Beijing plans to toughen its standard on Canadian canola shipments, federal Agriculture Minister Lawrence MacAulay said Thursday. China’s quarantine authority, AQSIQ, notified the Canadian Food Inspection Agency last month that it would allow no more […] Read more




(Dave Bedard photo)

Paterson taps brakes on China canola sales

Winnipeg | Reuters — Crop handler Paterson Grain will take a more cautious approach to selling canola to Chinese buyers for the near term, after China said it would toughen its standard on canola shipments from Canada, the CEO of parent Paterson GlobalFoods said. China’s quarantine authority, AQSIQ, told Ottawa last week it would allow […] Read more