Canola growers and processors face challenges from climate change, but confidence is high amid massive investments in new crushing capacity.
Combines, grain carts and semi tractor trailers harvest a canola field near Kronau, Sask. The crop has seen burgeoning interest in recent years, as companies have announced plans to increase crushing capacity to supply markets for cooking oil and biodiesel. TROY FLEECE / Regina Leader-PostIn addition to its longstanding use as a cooking oil and food ingredient, canola also has applications in making renewable biodiesel, a fuel expected to play a part in reducing greenhouse gas emissions.
“We believe solutions will come from multiple paths over time and ensure a reliable long-term outlook for production,” he wrote. “Market price signals and the regulatory environment will be the most potent driver of the future capacities of seed supply and crush demand,” he wrote.Article content
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