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Canola ending stocks forecast lowered

By Phil Franz-Warkentin January 7, 2021

Canadian canola ending stocks for the 2020-21 marketing year could be their tightest in eight years, according to updated supply/demand data from Agriculture and Agri-Food Canada, released late Dec. 18. The government agency cut its forecast for canola ending stocks for 2020-21 to only 1.20 million tonnes. That was down by roughly a million tonnes[...]

Grain Markets, Oilseeds

Canola production on the Prairies takes a weather hit

By Phil Franz-Warkentin October 31, 2019

Poor harvest weather definitely cut into the size and quality of this year’s Canadian canola crop, with a large percentage still in the fields heading into the end of October. However, that supportive supply-side story may be factored into the futures for the time being, with the market now in need of some fresh demand[...]

Grain Markets, Oilseeds

As snow falls, canola market rises

By Phil Franz-Warkentin October 10, 2019

An early winter storm on the western Prairies and persistent cool and wet conditions to the east put the brakes on harvest operations during the first few days of October, with canola futures finding some support on the back of adverse weather. After holding within a sideways trading range for the past three months, the[...]

Grain Markets, Markets, Oilseeds

Canola futures improve despite bearish outlook

By Phil Franz-Warkentin January 11, 2018

ICE Futures Canada canola contracts moved higher during the first trading week of 2018, as speculators covered short positions and the market saw a modest recovery off late-December lows. Bitterly cold temperatures across much of Western Canada and the resulting slowdown in country movement were also supportive, although the latest grain-handling numbers still show ample[...]

Grain Markets, Markets, Oilseeds

Oilseeds see sharp gains despite bearish reports

By Phil Franz-Warkentin July 7, 2017

ICE Futures Canada canola contracts climbed higher over the course of the week ended June 30, hitting their best levels in months, despite large North American oilseed acres confirmed by Statistics Canada and the U.S. Department of Agriculture. Record Canadian canola seedings and a six-million-acre increase in U.S. soybean area would typically be bearish for[...]

Markets, Oilseeds

Trade’s focus shifts to new-crop canola prospects

By Phil Franz-Warkentin May 5, 2017

The ICE Futures Canada canola market went in two directions during the week ended April 28, with the July/November spread narrowing in considerably. Speculators, adjusting positions, accounted for much of the activity during the week, especially in the May contract as traders exited that month before expiry. The old-crop July contract lost roughly $5 per[...]

Crops, News, Oilseeds

Veggie producers see margins shrink while grain and oilseed prices soar

By Phil Franz-Warkentin February 6, 2013

Manitoba vegetable growers are hoping it will soon be their turn to enjoy the high prices that have pumped up profits for their grain- and oilseed-growing neighbours. And, if not, they may eventually turn to other crops. South of the border, corn and soybeans have been stealing acres away from every crop that’s not as profitable —[...]

Cereals, Livestock, Oilseeds

Weekly Grain Market Report

By Phil Franz-Warkentin July 17, 2013

ICE Futures Canada canola futures saw some mixed activity during the week ended July 12, but were lower overall by July 12 as relatively favourable crop prospects and a jump in the Canadian dollar weighed on values. The November canola contract finished the week at $530.80 which is right at the low end of a[...]

Cereals, Crops, Oilseeds

Grain World: Canadian canola acres shifting into wheat

By Phil Franz-Warkentin March 16, 2013

Canadian farmers will plant more spring wheat and less canola in 2013, said Brenda Tjaden Lepp, chief analyst with FarmLink Marketing Solutions in a presentation at the annual Wild Oats Grain World conference in Winnipeg, Feb. 25. Factoring in relative returns, rotational issues, and what she was hearing from clients, Tjaden Lepp forecast spring wheat area[...]

Crops, Oilseeds

Processor says Prairie soybean seedings could soon hit four million acres

By Phil Franz-Warkentin March 16, 2013

CNSC / Soybean acreage in Western Canada could quadruple over the next four to five years, and surpass the four-million-acre mark, according to the president of Manitoba soybean processor Delmar Commodities. Soybean production in Manitoba has grown steadily over the past decade, with acreage in 2013 forecast in the 1.0 million to 1.2 million range, Dale[...]

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

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Canola ending stocks forecast lowered

Canola production on the Prairies takes a weather hit

As snow falls, canola market rises

Canola futures improve despite bearish outlook

Oilseeds see sharp gains despite bearish reports

Trade’s focus shifts to new-crop canola prospects

Veggie producers see margins shrink while grain and oilseed prices soar

Weekly Grain Market Report

Grain World: Canadian canola acres shifting into wheat

Processor says Prairie soybean seedings could soon hit four million acres

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