Why do farmers always look at the supply side and not demand/consumption? It is your decision how intensively to grow canola or whether to grow it at all.
From the opportunity side, western Canada will be over 9 MMT of crush capacity with the opening of Cargill at Camrose. Western Canada can consistently sell 9 MMT of canola into the export market. Canola oil is a healthy vegetable oil that is growing market share. Canola meal has developed a niche in livstock.
Pulses crops are consistently developing new and expanding existing ones. Peas and China are tremendous success story. Cereal crops have bigger challengers in developing new markets.
So the challenge is to find a crop mix on your farm that works, are profitable and provides the best markets.
From the opportunity side, western Canada will be over 9 MMT of crush capacity with the opening of Cargill at Camrose. Western Canada can consistently sell 9 MMT of canola into the export market. Canola oil is a healthy vegetable oil that is growing market share. Canola meal has developed a niche in livstock.
Pulses crops are consistently developing new and expanding existing ones. Peas and China are tremendous success story. Cereal crops have bigger challengers in developing new markets.
So the challenge is to find a crop mix on your farm that works, are profitable and provides the best markets.
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