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Canola

(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Reuters

China has not escalated canola seed dispute with Canada, Ottawa says

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Reading Time: < 1 minute Ottawa | Reuters — China has not escalated a dispute with Canada over the export of canola seeds and comments by the Canadian farm minister on the matter have been misunderstood, an agriculture ministry official said on Wednesday. China — embroiled in a major diplomatic dispute with Ottawa — has blocked imports from two major […] Read more
Agriculture Minister Marie-Claude Bibeau, shown here visiting Cigi in Winnipeg on March 13, said a third unnamed canola exporter has run afoul of Chinese customs officials. (Dave Bedard photo)
Canola, Crops, Reuters

Third canola exporter runs into trouble in China

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Reading Time: 2 minutes Ottawa | Reuters –– Chinese authorities have filed a quality complaint against a third Canadian exporter of canola, Canada’s agriculture minister said on Tuesday, potentially deepening a trade and diplomatic dispute between Beijing and Ottawa. Early last month, China cited the discovery of pests as the reason for blocking shipments of canola seed from Richardson […] Read more
International Trade Minister Jim Carr (at podium) and Agriculture Minister Marie-Claude Bibeau announce plans for a technical delegation and stakeholder working group to address China’s import bans on Canadian canola. (AAFC video screengrab via Facebook Live)
Canola, Crops, Markets

Canada to set up working group for China canola push

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Reading Time: 2 minutes Canola industry stakeholders and provincial officials are to join federal officials in a co-ordinated push to resolve China’s issues with Canadian canola, cabinet ministers said Monday. Speaking Monday in Ottawa, Canada’s Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr said they’ve set up a new working group including representatives from the Canola […] Read more
ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

ICE: Canola weakens on fresh China concerns

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Reading Time: < 1 minute Chicago | Reuters — ICE Canada canola futures dropped on Tuesday after China, the top buyer, expanded its ban on Canadian canola seed imports. China’s ban now includes shipments from Viterra, the latest development in a wider trade dispute between the two countries. May canola futures ended $5 lower at $451.70 per tonne. The contract […] Read more
(FIle photo by Dave Bedard)
Canola, Crops, Markets, Reuters

China’s ban on Canadian canola expands to Viterra

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Reading Time: 2 minutes Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Canola fund short position continues to grow

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Reading Time: < 1 minute MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more
ICE May 2019 canola futures, with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

Trudeau optimistic about making progress to end China canola ban

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Reading Time: 2 minutes Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry group said Chinese importers had […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Monthly Canadian canola crush well below average

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Reading Time: < 1 minute MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over […] Read more

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