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Tag Archives Canola — page 79

Ontario canola acres have been stagnant for years and this market challenge won’t help increase acres planted to the crop.
Crops, News

2019 Ontario canola acreage estimated to be lower

Chinese trade deal and western glut affect Ontario price

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This year’s Ontario canola acres are estimated at 15 to 25 per cent less than in previous years because of lower international demand and lower domestic prices. These numbers were estimated last winter after talk with industry professionals, salespeople and farmers. Final numbers won’t be known until crop insurance provider Agricorp releases its data. Why […] Read more
A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)
Markets

Trudeau, China’s Xi had ‘positive’ discussions as dispute rages

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Ottawa | Reuters — Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping had “positive, constructive interactions” on the sidelines of the G20 summit on Friday as a dispute between the two countries rages, Trudeau’s office said. Trudeau spoke “more than once” to Xi during a meeting of the Group of 20 leading economies […] Read more
(Botaneco Inc. photo)
Crops

Supercluster backs oilseed protein joint venture

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A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan: Less canola and durum, more barley and oats

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MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more
Rain gives farmers relief, for now, from three-year drought
Crops

Rain gives farmers relief, for now, from three-year drought

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Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. Long-awaited rains that swept the […] Read more
(Dave Bedard photo)
Crops, Markets

Less canola, more barley area expected in next StatsCan report

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MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more
(Erdinhasdemir/iStock/Getty Images)
Crops, Markets

Canola export forecast raised for 2019-20

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MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an increase in prevent planting acres […] Read more
(WWing/E+/Getty Images)
Crops

Visible Canadian canola stocks back above one million tonnes

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MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more
Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)
Crops

Canada rejects idea of halting Huawei CFO’s extradition

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Ottawa | Reuters — Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China’s Huawei Technologies to the United States, saying it would set a dangerous precedent. Huawei’s chief financial officer Meng Wanzhou, who was arrested on U.S. fraud charges in Vancouver last December, […] Read more

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