Pakistan reopens its doors to Canadian canola after a three-year hiatus.
Tag Archives canola markets
Pakistan reopens its doors to Canadian canola
The industry says anything that helps offset the loss of the Chinese market is a welcome development
ICE canola futures rose on the hope that tariffs could be avoided
WINNIPEG, Manitoba (Reuters) – ICE canola futures reversed course from weakness in the overnight market to steadily rise Monday on optimism U.S. tariffs can be avoided. • March canola settled up $2.40 at $640.50 per metric ton. Other contract months also rose. Follow all our coverage of the tariffs situation here • “It’s pretty impressive […] Read more
VIDEO – Manitoba Ag Days: ‘Political manipulations’ hold back canola – analyst
BRANDON — If global politics, tariffs and uncertainty were magically removed from the market, canola prices in Canada would likely be $1.50 per bushel higher, says a veteran markets analyst. The supply and demand fundamentals for canola are supportive of price this winter, but Canadian farmers are facing a situation where geopolitics are dominant and […] Read more
Canola might have an Aussie problem replacing China
Canadian canola exporters might need to urgently look for alternative markets in 2025, but they might find oilseed users are already well supplied by Australia. Another situation might also develop in which Australia and Canada simply switch markets, although there will likely be a period of uncertainty and disruption. Either way, a reckoning is certainly […] Read more
No certainty for canola
Mexico buys a surprising amount of Canadian canola. In 2022, Mexico was Canada’s third largest market for canola, as it imported $1.2 billion worth of canola seed and $436 million in oil. Given the size of the market, leaders of Canada’s canola industry are concerned that Mexico’s government is drifting away from regulations that are […] Read more
