Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)

Canada ‘playing chess’ on canola file

Reading Time: 2 minutes MarketsFarm — Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with federal International Trade Diversification Minister Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue. […] Read more


(DrummondExport.com)

Label problem caused China’s suspension of two pork shippers

Reading Time: 2 minutes Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more

ICE July 2019 canola (candlestick) with CBOT July 2010 soybeans (line) for comparison. (Barchart)

ICE weekly outlook: Bearish funds keep canola pointed lower

Reading Time: < 1 minute MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to their large net short positions […] Read more


Agriculture Minister Marie-Claude Bibeau announces expansion of the federal Advance Payments Program in Ottawa on May 1, 2019, flanked by Trade Diversification Minister Jim Carr (l) and his fellow Winnipeg MPs Dan Vandal, Robert Falcon-Ouellette and Terry Duguid. (Video screengrab from Agriculture and Agri-Food Canada via Facebook Live)

APP pumped up, AgriStability deadline extended against China canola ban

Reading Time: 4 minutes The federal Advance Payments Program’s loan limits and interest-free portions will be raised and the deadline for AgriStability enrolment extended in a bid to help Canadian canola growers with cash flow. Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr on Wednesday announced the expansions and extensions along with plans to engage other […] Read more



(Aodaodaod/iStock/Getty Images)

Canadian farm exports hit new Chinese obstacles amid diplomatic dispute

Reading Time: 4 minutes Winnipeg/Beijing | Reuters — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richardson International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola […] Read more

Bayer CEO Werner Baumann speaks during the company’s annual general shareholders’ meeting in Bonn, Germany on April 26, 2019. (Photo: Reuters/Wolfgang Rattay)

Bayer shareholders vent ire over Monsanto-linked stock rout

Reading Time: 2 minutes Bonn | Reuters — Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s US$63 billion takeover of seed and chemical firm Monsanto. Several large investors said they will not support aspirin invesotr Bayer’s management in a key vote scheduled for the end of its […] Read more


(File photo by Dave Bedard)

Large spec short position overhanging canola market

Reading Time: < 1 minute MarketsFarm — Speculators added to their large net short position in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 58,004 contracts on Tuesday, up by about […] Read more

(Photo courtesy Canola Council of Canada)

Joint conference brings canola producers up to speed

Reading Time: 2 minutes MarketsFarm — The Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA) have given farmers an update on the current situation between Canada and China. The 38-minute joint webinar/teleconference last Thursday (April 18) featured CCC president Jim Everson and CCGA executive director Rick White. Everson made it clear China is still honouring […] Read more