Reading Time: 2 minutes Canada's canola oil industry is facing two threats from the United States, said Chris Vervaet, executive director of the Winnipeg-based Canadian Oilseed Processors Association.
U.S. threatening Canada’s canola oil industry
Chinese used cooking oil another threat
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Bunge-Viterra deal ‘effectively ends competition’ says NFU
Feds’ conditions not near enough to alleviate concerns
Reading Time: < 1 minute The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.
U.S. grains: Soy, corn futures retreat on profit-taking
Reading Time: 2 minutes U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
Prairie Wheat Weekly: Cash prices step back
Stronger greenback weakens U.S. wheat
Reading Time: 2 minutes Western Canadian cash prices for spring wheat and amber durum were lower during the week ended Jan. 9.
Feed Grains Weekly: Demand lull to keep prices lower for now
Increases unlikely until late February
Reading Time: 2 minutes As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.
Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
Reading Time: < 1 minute The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.
ICE Weekly: No news means no canola price movement
Reading Time: 2 minutes A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Reading Time: < 1 minute Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Most organic commodity prices remain firm heading into the holidays
Reading Time: 2 minutes Organic grain prices held steady in December, as industry participants reflected on the past year and considered what a new administration in the United States could mean for the North American markets in 2025. “(Prices) are in a holding pattern until we know what’s going to happen with the U.S. situation,” commented Harro Wehrmann of […] Read more
Prairie Wheat Weekly: Prices mostly lower
Sharp declines in U.S. wheat complex
Reading Time: 2 minutes Western Canadian cash prices for spring wheat stepped back during the week ended Dec. 19, while those for amber durum were mixed.
A message from April Stewart, Country Guide's Associate Editor
