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Tag Archives Canola


A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)
Crops

Imperial Oil lays out Alberta renewable diesel plan

Company would use 'locally grown' canola, soybean oils

By Laura Sanicola August 25, 2021
Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola remains expensive

By Glen Hallick August 18, 2021
MarketsFarm — Concerns over the likelihood of a much smaller canola crop than previously anticipated, coupled with a very tight supply situation, continued to underpin values this week. That price […] Read more

(Dave Bedard photo)
Crops, Machinery

Richardson buys up veg oil-based drilling lubricant maker

Grain firm supplies canola oil to Control Chemical

By Dave Bedard August 16, 2021
The Calgary maker of Matex drilling fluids is under new ownership from one of its minority owners and its biggest supplier of crude canola oil. Winnipeg grain firm Richardson International […] Read more

Heat and drought conditions this growing season have forced canola to develop early.
 Photo: Greg Berg
Markets

ICE weekly outlook: Something of a tough week for canola

By Glen Hallick August 13, 2021
MarketsFarm – It was a bit of a tough week for canola on the Intercontinental Exchange (ICE), although there was something of a bright spot after the release of the […] Read more

Photo: iStock
Markets

ICE weekly outlook: Major canola supply issues ahead

By Glen Hallick August 11, 2021
MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower […] Read more


Photo: File
Markets

ICE weekly outlook: Volatility expected in canola markets

By Phil Franz-Warkentin August 5, 2021
MarketsFarm – The ICE Futures canola market saw some large price moves during the week ended Aug. 4, hitting their lowest levels in a month as investors booked profits before […] Read more

Photo: iStock/Getty Images
Crops, Markets

ICE weekly outlook: Canola range-bound, awaiting harvest

By Phil Franz-Warkentin July 29, 2021
MarketsFarm – ICE Futures canola contracts held within a relatively narrow range during the week ended July 28, as traders wait to get a better handle on the size of […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola corrects, but trend still up

By Phil Franz-Warkentin July 21, 2021
MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking […] Read more


(Dave Bedard photo)
Crops, Markets

Hot, dry weather creates ‘significant uncertainty,’ AAFC says

By Phil Franz-Warkentin July 20, 2021
MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading […] Read more

CBOT September 2021 wheat (candlesticks) with  20-day moving average (yellow line) and MGEX and K.C. September wheats (green and orange O/H/L/C). (Barchart)
Crops, Markets

U.S. grains: Wheat posts biggest weekly climb in six years

Weather woes in North America, Russia, Europe spur concerns

By Julie Ingwersen July 16, 2021
Chicago | Reuters — Chicago wheat futures rose about three per cent on Friday and recorded their largest weekly gain in six years as parched conditions for North American spring […] Read more

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