China’s canola tariffs aside, the global oilseed complex has eased to a lower price level and is likely to stay there for now — that is, unless problems develop with crops in the U.S. or South America.
Tag Archives domestic crush capacity
Avoid bargain-basement canola markets to ease tariff damage
Market Watch: AAFC’s latest forecast is more bearish for Canadian canola, but much also depends on the U.S. oilseed crop
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.
