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Farm profitability differences in Canfax’s Cow-Calf Cost of Production Network are stunning. Based on 2022 preliminary results, profits for the top third of the network’s benchmark farms averaged $487 per cow. Profits for the bottom two thirds averaged $29 per cow. “Those are the averages. A lot of farms in the bottom two thirds are...
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Feature

Canola, prepare to take off

The world’s airlines are hungry for sustainable aviation fuel, the key pathway to meet their net zero goals by 2050. Canola oil can be an important feedstock to get this new market sector flying.

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Feature

Canola market snapshot – Lower supply

Lack of moisture hurt average Canadian canola yields in 2023. Statistics Canada, in its September estimate, put production at 17.4 million tonnes. Average for the previous five-years, which includes the 2021 drought year, is 18.6 million.

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