There are simply too many bearish factors that continue to weigh on canola values, leaving the oilseed unable make any sort of turnaround in early May, according to Tony Tryhuk of RBC Dominion Securities in Winnipeg.
Tag Archives cgc
ICE Canada Weekly: Almost no chance of bullish path for canola
Canadian Grain Commission appoints new chief
Longtime Manitoba civil servant David Hunt has been appointed Chief Commissioner of the Canadian Grain Commission the federal government announced today.
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
Merit Foods pays off operating lender, no deal yet for plant
Plant-based protein processor in receivership since March
A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured […] Read more
Pulse weekly outlook: Pea prices beginning to weaken
'Increased export competition' seen
MarketsFarm — With increased export competition, pea prices in Western Canada have slipped back, according to Levon Sargsyan of Johnston Grains in Calgary. “We are hearing that China slowed their […] Read more
CGC repeals grading changes in response to producer complaints
The new regulations would have seen export grade standards applied to deliveries to country elevators
Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the […] Read more
Some 155,000 federal public workers on strike over pay dispute
Some AAFC, CGC work to be affected
Ottawa | Reuters — More than 155,000 public sector workers in Canada began a strike Wednesday after failing to reach a wage deal with the federal government by a Tuesday […] Read more
China top destination for Canadian grains, oilseeds
CGC data points to key destinations
MarketsFarm — China is the top destination for Canadian grain and oilseed exports through the first five months of the 2022-23 marketing year, accounting for roughly a third of the […] Read more
Farmers get week to dispute grain grade, dockage
Window widened following consultations
Prairie farmers who want to dispute a grain elevator’s call on their grain’s grade and dockage now officially have up to a week to do so. The Canadian Grain Commission […] Read more
Mildew scrapped as grading factor for No. 3 wheats
Grading changes also planned for canola admixture, splits in peas, excreta in mustard
The Canadian Grain Commission will change its standard samples for mildew in No. 1 and No. 2 wheats, and drop it as a grading factor for No. 3 wheats, effective […] Read more