“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

ICE Canada Weekly: Canola in a good position

July contract to hit C$700/tonne, just when?

Reading Time: 2 minutes Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.


The Canadian Grain Commission said Aug. 28 both dealer and primary elevator licences at Purely Canada Foods’ Saskatchewan facilities in Avonlea, Kindersley and Lajord had been pulled and farmers in all three prairie provinces could be owed money.  | Screencap via youtube.com/Purely Canada Foods

Eligible Purely Canada claimants receive full payouts

Not all claims against the Saskatchewan-based company were eligible

Reading Time: 2 minutes The Canadian Grain Commission has announced that producers owed money from Purely Canada Foods have been fully compensated, just days after a lender applied to place the company in receivership.



(Manitoba Co-operator file photo by Alexis Stockford)

Drought leaves Canadian farmers unpaid

Failure of unlicensed companies, complaint deadline, insufficient security seen as holes in farm support

Reading Time: 4 minutes Hundreds of Canadian farmers have received delayed payments for their crops or not been paid at all, as a growing number of grain-buying firms declare bankruptcy amid drought and low commodity prices, according to interviews with dozens of farmers, a government agency, and a review of bankruptcy documents.

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Canadian canola exports surging in 2024/25

China top customer

Reading Time: < 1 minute Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.


Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

China, EU account for upswing in Canadian grain, oilseed exports

Total exports through October up more than 18 per cent

Reading Time: 2 minutes Exports of Canadian oilseeds and grains for 2024/25 largely continued to be ahead of those a year ago, monthly data from the Canadian Grain Commission showed. Bulk exports through licensed facilities during the first three months of the current marketing year are more than 12.22 million tonnes, which compares with the approximately 10.33 million the same time last year.




A nameplate outside the Canadian Grain Commission building in downtown Winnipeg. (Dave Bedard photo)

Canadian Grain Commission predicts financial shortfall

Reading Time: < 1 minute In a release Oct. 16, the organization said that “Since the Canadian Grain Commission reduced its official inspection and weighing fees in 2021, the organization has inspected and weighed lower-than-expected grain volumes, leading to a gap between revenue and costs.”