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Weather just one factor affecting canola markets

By Adam Peleshaty – MarketsFarm May 30, 2024

Canola prices hit calendar-year highs on the Intercontinental Exchange during the week ended May 23, with new crop contracts hovering around the $700 per tonne mark.  But lately, there’s been literal rain on canola’s parade.  New moisture has been a welcome sight for growers. However, that benefit has been tempered by drawbacks. On the Prairies,[...]

Grain Markets, Markets

Are we at market bottom yet?

By Phil Franz-Warkentin March 11, 2024

One Thanksgiving, after what must have been a very filling dinner at my grandma’s apartment, a group of my cousins and I, all in town for the holiday, decided to see a movie (School of Rock, if you want to date this anecdote). We never made it to the theatre because the elevator from the[...]

Grain Markets, Markets

Recent price drops hide wheat’s weather situation

By Adam Peleshaty – MarketsFarm April 13, 2023

As the calendar turned over to April, the focus for traders on the Chicago Board of Trade turned toward weather. There can be a tendency to either react based on recent weather events, ignore potential long-term weather trends, or both. In the case of wheat, the recent weakness shown in all three major U.S. varieties[...]

Grain Markets, Markets

Lane change from downhill to bumpy road

By Glen Hallick - MarketsFarm February 29, 2024

As February winds down, canola has altered its course. Instead of the dreary downward trend that gave little joy, the oilseed is headed toward a bumpy road. Like frost boils and potholes marking roads throughout the Prairies, canola began facing a future of ups and downs last week. While the Intercontinental Exchange saw a short-lived[...]

Grain Markets, Markets

Canola market a wild toboggan ride

By Phil Franz-Warkentin January 22, 2024

When I was 10 years old, my family lived for a year in a small community on the Labrador coast. Our house was halfway up the side of a hill and you could ride a sled from our front door down to the Atlantic Ocean, which was amazing for a Prairie boy like me. The[...]

Grain Markets

Plenty of upside now for canola

By Adam Peleshaty October 5, 2023

Harvest pressure, combined with a selloff by the funds, continued to bring down canola prices for the week ended Sept. 28 — but, just like the outlook for early fall temperatures for the Prairies, it’s anyone’s guess whether they’ll go up or down. The ICE Futures November canola contract dropped $9.80 per tonne to close[...]

Grain Markets, Markets

Speculators bet against canola

By Phil Franz-Warkentin October 12, 2023

The ICE Futures canola market held within a narrow trading range during the first week of October, testing downside support on several occasions as seasonal harvest pressure wound down, but the market lacked any spark to move higher. November canola found major support around $710 per tonne. Any attempts to break lower quickly ran out[...]

Grain Markets, Markets

Not much excitement in canola markets

By Glen Hallick - MarketsFarm January 25, 2024

There’s simply not much of an upside to canola futures right now. At best, the oilseed is destined to remain rangebound, perhaps until the trade has a good handle on what spring planting on the Canadian Prairies could be like. Another idea is canola will shift back and forth until the United States Department of[...]

Grain Markets, Markets

Canola futures sit on the couch

By Phil Franz-Warkentin October 17, 2023

My step-counting watch is very good at reminding me to get up and move if I haven’t taken at least 250 steps in the past hour. That subtle vibration is usually enough to get me out of my chair to stretch my legs, although I sometimes miss the reminder. Agricultural futures rarely have a problem[...]

Grain Markets, Markets

Sideways trade expected to emerge

By Phil Franz-Warkentin June 17, 2024

Export movement remains lacklustre at best, but canola is said to look more attractively priced internationally.

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

U.S. livestock: Cattle futures climb as U.S. herd remains small

Rain brings relief to parts of Alberta

Daily Network News

U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall

U.S. livestock: Cattle futures climb as U.S. herd remains small

Rain brings relief to parts of Alberta

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Weather just one factor affecting canola markets

Are we at market bottom yet?

Recent price drops hide wheat’s weather situation

Lane change from downhill to bumpy road

Canola market a wild toboggan ride

Plenty of upside now for canola

Speculators bet against canola

Not much excitement in canola markets

Canola futures sit on the couch

Sideways trade expected to emerge

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AGCanadaTV: In case you missed it; your national ag news recap for July 25, 2025

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