Canada's Canola Prices Are Soaring Despite Spat With China
Canadian canola exports to China fell 45% year over year during the 11-month period through June, however total canola exports have jumped 9%, helped by a tripling of sales to France and double the shipments to the UAE. ... Exporters are also selling more seed to the UAE, where crushers produce oil to sell to China, he said. Bad …
Margins reach 'staggering' levels for canola crushers
Canola is "dirt cheap" compared to soybean oil, despite trading in the $17 to $18 per bu. range. "That's a fantastic price, but it probably could be $19 or $19.50 quite easily," he said ...
Big jump in Canadian canola-crushing capacity …
Canada's canola-crushing capacity of 11 million tonnes will jump by 4.6 million tonnes, or almost 42 per cent, to 15.6 million by 2024 thanks to two new plants just announced and the expansion of a third — …
Chinese firm, Sask. processor eye new canola crush plant
Chinese firm, Sask. processor eye new canola crush plant - AGCanada - AGCanada. Posted Jan. 30th, 2011 by. A Regina company making biodiesel from …
Canola protein potential still seen despite Merit's troubles
However, it is not seeing Merit's calamity as a sign that canola protein has lost its potential as a high value product. "I'm quite certain it's good assets and a good technology," Bill ...
Canadian canola processing statistics | Canola Council of Canada
Canadian canola processing totals – 2012-14 to 2022-23. Source: Statistics Canada. Table 32-10-0352-01 – Crushing statistics of major oilseeds. Updated: November 8, 2023.
Canola crush shows solid start in new crop year
The 829,490 tonnes of the oilseed processed last month is only bested by the 830,335 tonnes in August 2020. The July 2023 canola crush set a new all-time record of 961,683 tonnes. Last month's canola crush was 31 per cent more than the previous August. The amount of oil produced, at 347,606 tonnes, was almost 33 per cent more …
Henan Deya Machinery Co., Ltd.
Henan Deya Machinery Co., Ltd. is a professional manufacturer of crushing equipment, mineral processing equipment, and their spares; was established in early 1990's with an …
China, Canada, and Canola.
This flexibility allows crushers and downstream processors to more easily substitute canola for soy. In 2016 rapeseed oil accounted for 24% of edible oil consumption in China, soybean oil ...
Louis Dreyfus to expand Canada canola plant, latest to crush …
Global crop trader Louis Dreyfus Corp (LOUDR.UL) on Tuesday said it will more than double the size of its Canadian canola crushing plant in Yorkton, Saskatchewan, the latest North American oilseed ...
Crushers continue to aggressively seek canola
Strong sales commitments to the U.S. and China have helped to stimulate the need for crushers to secure enough canola to meet those commitments, a broker commented. Concerns about canola supplies in Canada becoming extremely tight by this spring also have spurred processors to cover their needs, sooner rather than later, Jubinville said.
Canada's canola meal sales to China at five-year high
Stronger canola meal demand from China comes as Canadian crushers steadily expand capacity. Cargill opened last year a new Alberta plant, and Richardson International is expanding a facility in the province. ... China's canola meal demand reflects a trade dispute through much of this year between Canada and China over canola …
Trade war sends canola sideways | The Western Producer
Jubinville said canola futures are stuck in that sideways trading pattern. Before Trump's America-first crusade, canola was trading in a range of about $475 to $500 per tonne. After the trade ...
China returns to canola market in a big way
Ukraine harvested 3.2 million tonnes of canola in 2022-23, a 5.5 percent increase over the previous year, according to UkrAgroConsult. China's canola imports jumped big-time in November, …
Camrose Crush Plant, Alberta | CargillAg
Primary Address. 46450 Range Road 200, RR 1. Camrose, Alberta T4V 2M9
'Like gold': Canadian canola prices spike as shippers find …
Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China.
Canada rushes to crush more canola despite crop crunch
Combined, the plans would increase Canada's canola crush capacity by 6.8 million tonnes, or 62%. That is a tall order to fill for Canadian farmers, whose canola production peaked in 2017, said ...
Crushing and mining equipment manufacturer in China.
SINOSUN Group has been dedicated in producing Crushing and Mining Equipment for years. SIONSUN Group is engineered in processing different mining material . As a …
Canadian canola crush hit record in 2023: StatCan
A total of 10.523 million tonnes of canola were crushed in the country in 2023, which was up by 20.0 per cent from the previous year and above the previous record of 10.290 million tonnes set in 2020. Meanwhile, Canada's soybean crush decreased by 5.7 per cent in 2023 to 1.763 million tonnes.
China jumps back into canola market | The Western Producer
China's canola imports shot up in a big way in November. The Asian giant purchased 477,000 tonnes of the oilseed, up from an average of about 100,000 tonnes per month the previous nine months.
Strengthening Canada's trade relationship with China …
Increased imports of Canadian canola and canola meal will be of value to Chinese dairy producers, says Miller. The CCC is a full value chain organization representing the entire canola industry, including growers, seed …
Canola meal exporters welcome back China | The Western …
For instance, crushers shipped 585,986 tonnes of meal to China in 2011 and 824,554 tonnes the year before that. The United States is still by far the biggest market for Canadian canola meal ...
Richardson Yorkton Crush Plant to Double Annual Crush …
March 22, 2021 (Winnipeg, ) – Richardson International Limited is announcing a significant investment in their canola crush plant in Yorkton, Saskatchewan.In addition to doubling its processing capacity to 2.2 million metric tonnes, the project will optimize operational efficiencies and modernize the facility to meet an ever-growing global …
U.S. goes on canola oil buying spree | The Western Producer
The U.S. is already usurping Canadian canola oil from other markets, accounting for 86 percent of Canada's exports in 2022-23. Sales to China have plummeted to 144,985 tonnes in 2022-23, down ...
Canola export plan eyes key tariff, non-tariff barriers
In China, for example, soybean imports are hit with a three per cent tariff where canola draws a nine per cent tariff. Chinese crushers, the council said, will switch from canola to soybeans based on price. In 2011 alone, the tariff differential made canola about $34 per tonne more expensive than soybeans.
China canola crush capacity increases
Apr. 16, 2013, Winnipeg, – The authorization of three new canola crushers in the last few months means China now has the capacity to import an additional 1 million tonnes of canola seed from Canada, says Canola Council of Canada (CCC) President Patti Miller."This is an important step forward for our industry, and for stabilizing our …
'Like gold': Canadian canola prices spike as shippers find …
Canadian canola exports to China fell 45% year over year during the 11-month period through June, however total canola exports have jumped 9%, helped by a tripling of sales to France and double ...
Canada's top canola markets | Canola Council of Canada
Consumption of Canadian canola (2023) Seed: 841,041 MT, valued at CAD $749 million Oil: 118,890 MT, valued at CAD $282 million Meal: 829 MT, valued at CAD $1.6 million. Market trends Canola is Canada's top agri-food export to Mexico. Canola oil consumption has risen over the past five years. Economic benefits of importing …
Don't think twice, it's all right – Australia's canola exports
Canadian canola exports to China must also go through one of 16 designated ports. Both the Australian and Canadian industries continue to work with Chinese officials to manage expectations and secure the continual flow of canola. Currently, market options outside of the major markets are limited in volume. Markets …
Canada canola crushers aim to regain U.S. access | Reuters
The Canadian government and the country's canola crushers are working on a document they hope will help crushers regain the confidence of the U.S. Food and Drug Administration (FDA), which has ...