Canola futures in Winnipeg followed the upward trend in global oil markets, rising 7 CAD to finish at 610.80 CAD/t (around 409 EUR/t). Local harvest issues and global economic factors… […]
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Tag: canola
Rain Delays Canola Harvest in Canada, But Warmer Weather Offers Hope for Recovery
Last week’s heavy rains across the Canadian prairies have delayed the canola harvest, raising concerns about crop quality and yield potential. With Saskatchewan, Alberta, and Manitoba reporting significant delays, farmers… […]
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Market Developments for Canola, Palm Oil, Soybeans and Rapeseed
Despite rising prices for canola (Winnipeg) and palm oil (Kuala Lumpur), soybeans (Chicago) and rapeseed (Paris) fell slightly on Friday. Rapeseed market on Euronext The rapeseed market remained indecisive. After… […]
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Why Are Canola Prices Rising Despite Record-High Stockpiles?
Statistics Canada (StatCan) has released its 2023/24 end-of-year stocks report, revealing that the country’s canola stocks have surged to a four-year high of 3.1 million tonnes, marking a 67% increase… […]
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Global Canola Market Faces Mixed Signals Amid Weather Challenges and Production Forecasts
The global canola market is experiencing a period of fluctuation, driven by varying production forecasts and challenging weather conditions across key producing regions. From Canada to Australia and Ukraine, the… […]
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Sharp Fall in August Canola Futures Surprises Traders
Market Reactions to Weather and Harvest Delays The recent sharp decline in August canola futures on the Paris Stock Exchange has taken traders by surprise. This drop comes despite the […]
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Canola Processing is Growing in Australia
Investments in the Australian canola processing sector may grow on the back of increased demand for raw materials (canola oil) from the biofuel sector and changing diets in Southeast Asia, […]
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