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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.

Lentil prices on the Canadian Prairies eased back during the week ended July 28, said Levon Sargsyan, broker with Johnston’s Grain. Sargsyan noted that’s due to the recent rains that brought relief to some of the dry areas of the region.

Scattered weather across the Canadian Prairies and a stronger Canadian dollar failed to stop rising canola prices during the week ended July 23, 2025.

For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.

Heavy rains fell on parts of Saskatchewan during the week ended July 17, 2025, but they were a mixed blessing for fields and pastures.

This forecast period is looking much more stable and predictable as a large area of high pressure dominates the Prairie region.

Crops in Manitoba continued to hold up quite well, but the provincial agriculture department reported some variation in the spring wheat over the week ended July 29.