Winnipeg | CNS Canada — As China’s consumption of higher-protein foods continues to grow, so too does its selectiveness for which oilseeds it will pursue on the open market. So far, it’s a race canola does not seem to be winning. “The big demand factor in China is protein, rather than vegetable oil,” said Felix […] Read more
Tag Archives Oilseeds — page 19
Chinese protein preference becoming big obstacle for canola
Canola market dips to rally, heat stress hits wheat crops
CNS Canada – The ICE Canada canola market had a bit of a wild ride during the week ended July 28, with the November contract falling to its lowest level of the past month at one point before the brakes were hit on the drop and the market rallied $25 in three days. Fund traders […] Read more
ICE weekly outlook: Weather issues, tight stocks lift canola
CNS Canada –– The ICE Futures Canada canola market lost ground during the week ended Wednesday, pushed down by losses in the U.S. soy complex. A corruption scandal in Brazil sparked a steep selloff in soybeans during last Thursday’s session, which affected oilseeds around the world, including canola. Canola’s dominant July contract lost $4 during […] Read more
VIDEO: Underground undies measuring the health of soil
Are you bold enough to soil your undies? The Soil Conservation Council of Canada (SCCC) is and it recently kicked off National Soil Conservation Week by burying several pairs of men’s cotton underwear up to the waistband. After 60 days in six inches of soil, what will it all mean? A healthy soil will show that the […] Read more
Sunflowers fight for acres in crowded Manitoba fields
CNS Canada — Better prices have created some optimism for sunflower growers in Western Canada — a feeling that may be needed to help the crop maintain acres in the face of so much competition. “I think in Manitoba we’re going to be battling for acres compared to some of those competitive crops,” said Darcelle […] Read more
Oilseed processors applaud House Transport Committee’s call for extended interswitching limits
The Canadian Oilseed Processors Association (COPA) is pleased that the House of Commons Standing Committee on Transport, Infrastructure and Communities is recommending making extended interswitching limits permanent in its recently tabled study into making rail transportation more competitive. “Having competitive options made available through extended interswitching limits has introduced a level of competition into the […] Read more
ICE weekly outlook: Rangebound canola watches U.S., China
CNS Canada –– ICE Futures Canada canola contracts find themselves trading within a rather narrow range, with a downturn more likely than a move higher in the near term. “We have a bull and a bear that are yanking each other right now, and (canola) is quite flat,” said analyst Errol Anderson of ProMarket Communications […] Read more
Manitoba sunflowers ready for harvest
CNS Canada — Most sunflower fields in southern Manitoba are ready for harvest, but the province first needs to see some drier weather. A handful of fields have seen some harvest activity already, “but the bulk is still to come,” said Ben Friesen, purchasing manager with Scoular Canada at Winkler, Man. “If the sun shines, […] Read more
ICE weekly outlook: Canola establishes range
CNS Canada –– ICE Futures Canada canola suffered small losses during the week ended Wednesday, with both the July and November contracts chopping around the $520 per tonne mark. Losses in the Chicago Board of Trade (CBOT) soy complex weighed on canola. However, it lagged the U.S. market while receiving support from declines in the […] Read more
ICE weekly outlook: Canola in need of outside catalyst
CNS Canada — Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Wednesday, but moved higher overall. However, further gains will take an outside catalyst, according to a market analyst. “There’s a very firm tone to the market,” said Errol Anderson of ProMarket Communications. Fund traders, […] Read more
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