ICE canola weekly outlook: Tight carryout supportive

ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.









Interest in biological crop inputs continues to grow

It was only a few years ago that interest in alternative methods such as biologicals to boost a crop’s nutrient uptake seemed to spike in popularity. But according to Spencer Harris, senior vice-president of global ag retail for Nutrien Ag Solutions, biologicals are not all that new for Nutrien — the global ag retailer has been researching biological crop inputs for nearly two decades.