Chinese state trading firm COFCO has bought up to nine 60,000-metric-ton cargoes of Australian canola, three trade sources told Reuters, after Beijing last month imposed preliminary anti-dumping duties on imports of the oilseed from traditional supplier Canada.
Tag Archives Canola
China snaps up Australian canola after trade spat with Canada, sources say
ICE Canada Weekly: More declines on horizon for canola
Expect canola futures to fall back in the coming months, said analyst Jerry Klassen of Resilient Capital in Winnipeg. Klassen pointed to the Statistics Canada production update and China as two reasons for the coming declines.
Canadian crop production revised mostly higher from August
Canadian grain and oilseed production in 2025/26 was likely larger than earlier expectations, as warm temperatures and increased precipitation across the Prairies in August helped crop development, according to updated estimates from Statistics Canada released Sept. 17.
Fund traders flip to net short in canola futures
Speculative fund traders have moved to a net short position in canola futures for the first time in five months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE canola weekly outlook: Rangebound market looking for direction
ICE canola futures recovered off five-month lows over the week ended Sept. 10, but were lacking any clear direction as the harvest picks up across Western Canada and trade uncertainty with China persisted.
StatCan stocks report sees drops in canola, wheat
Ending stocks of canola and wheat contracted significantly on the year, Statistics Canada said in its grains stocks report released on Sept. 9.
Canola groups disappointed in Carney’s plan to help growers, biofuel
‘Farmers should not be expected to borrow’
Two national canola organizations said they’re not pleased with the federal government’s announcement on helping canola growers and the biofuel industry. The Canola Council of Canada and the Canadian Canola Growers Association expressed their disappointment in a Sept. 5 news release.
Confusion over documents halts Ukrainian rapeseed, soybeans exports, union says
Short-term price volatility expected
The introduction of a 10 per cent duty on Ukrainian rapeseed and soybean exports has virtually halted Ukrainian exports due to a lack of clear government procedure on the documents needed for shipment, the country’s largest farmers union UAC said on Monday.
Government to invest in biofuel production
Carney announces $370 million to biofuel production
The federal government will invest $370 million in a new biofuel production incentive.
China delays final ruling in canola dispute with top supplier Canada
Analyst suggests deal could resolve tariffs on vehicles and metals
China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa's tariffs on Chinese electric vehicles.
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