Cargill’s new Regina crush facility is expected to help raise domestic demand for Canadian canola just as China, usually Prairie growers’ top export buyer, raises a new tariff wall.
Tag Archives canola processing
Cargill’s Regina crush plant should help offset loss of China demand
The company will start commissioning the Saskatchewan canola plant in the next couple of months
Emerging canola processing at home will affect exports
Domestic demand from new crushing plant is expected to limit the amount of Canadian crop available for export
Expansions and new builds by Richardson International, Viterra and Cargill will add 4.6 million tonnes of capacity next year.
Emerging canola processing at home will affect exports
"There will be some decline in exports," said Justin Shepherd, senior economist with Farm Credit Canada. He added there will be a chance to increase meal and oil exports, although much of the oil will be diverted to biofuel markets in North America.
