A look back at grain markets in 2022

Optimism is the lifeblood of farming, always looking to the coming year with thoughts that it will be better than the one before. For canola and other crops, pretty much anything was going to be a vast improvement over the drought-stricken harvest of last year, and such was the case. Despite harvest 2022 being modestly[...]



Canola choppy following StatCan’s latest report

As the canola harvest across the Canadian Prairies picked up speed at the end of August, prices for the Canadian oilseed bounced back and forth on ICE Futures. Support came from soyoil on the Chicago Board of Trade, when the commodity was climbing higher, while European rapeseed and Malaysian palm oil provided spillover as well. And as crude oil prices[...]

Manitoba expected to dodge spring floods

Manitoba’s latest flood outlook isn’t flagging major flood issues on the horizon. The February forecast published by the Hydrologic Forecast Centre March 1 put the risk of spring flooding at low to moderate through the province. Fall soil moisture levels sat at normal to below-normal soil moisture at freeze up, the centre noted. That has[...]


Canola markets in wait-and-see mode

Canola prices spent the last full week of July vacillating between increases and decreases as the market shifted into a wait-and-see mode on this year’s crop on the Canadian Prairies. There’s zero doubt the 2023-24 canola harvest won’t make the 18.8 million tonnes projected by Agriculture and Agri-food Canada. Drought and excessive heat across most[...]



Cattle moving in greater numbers

While there was not much change in cattle prices at the Killarney Auction Mart at its Jan. 22 sale, the number of head sold was slightly more than triple the previous week. There were 1,255 cattle auctioned on Jan. 22, compared to 410 the previous Monday. “Some of those yearlings bought last summer are starting[...]

Huge canola prices likely finished

Barring a major catastrophe in the global oilseed market, the days of canola soaring to $1,200 per tonne are destined for the history books. With trading in the old crop July contract withering, it careened downward by almost $320 after hitting its high of $1,219 per tonne. New crop November canola plummeted nearly $236/tonne, sitting[...]