CNS Canada –– Sales of canola out of the world’s top canola-exporting country are moving slower than merchants had anticipated — and market watchers attribute Canada’s sluggish pace to high prices and low global demand. “The export story right now is quiet,” said Peter Schutz, canola merchant at Richardson International, attributing it to a lack […] Read more
Tag Archives canola exports — page 5

Canola exports seen moving slower than expected

Canola exports to feel pinch of Chinese market crash
CNS Canada — Canada’s canola exports will likely get dragged down by the sea of red ink flowing from Chinese markets, according to an analyst. “It will slow the export market. The whole canola engine has shrunk a little bit. Production will be down about 15 per cent or thereabouts,” said Errol Anderson of ProMarket […] Read more

‘No news is good news’ for Canadian canola exports
CNS Canada — Steady end-user demand and a lack of any problems from a logistics standpoint are keeping Canadian canola exports moving at a solid pace — but a repeat of the record business of 2013-14 is still unlikely. “There is still some demand out there, but it’s probably not as strong as (at) the […] Read more