BASF is investing $27 million to expand its Canola Breeding Centre of Innovation in Saskatoon with the hopes of refining and accelerating the development of hybrid canola.
canola
BASF announces $27M Saskatoon canola breeding facility expansion
Canola, U.S. soybean crushes expanding
In calendar year 2025, the canola crushes in Canada and the United States remained above their respective five-year averages, Statistics Canada reported on March 13. While the U.S. soybean crush continued to expand, StatCan didn’t include any soybean crush data for 2025 due to confidentiality requirements under the Statistics Act.
More canola, spring wheat likely to be seeded this spring
As spring planting approaches, farmers are busy planning which crops to seed this year and how much. With that, market thoughts have turned toward planted area projections, as Statistics Canada is set to issue its report on Thursday.
ICE Weekly: Canola benefitting from supportive factors
Canola futures were on the rise during the week ended Feb. 25, 2026 and there could be some more upside, said an analyst.
Minor tweaks in AAFC supply and demand report
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
ICE canola weekly outlook: Rallying soyoil supportive
ICE Futures canola contracts were underpinned by a rally in Chicago soyoil during the week ended Feb. 18, but the Canadian oilseed ran into upside chart resistance that tempered gains.
ICE Canada Weekly: Canola needs to back away from highs
Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
ICE weekly: China, soy complex lift canola prices
China’s upcoming lifting of tariffs and rising soyoil prices lifted Canadian canola values for the week ended Feb. 4, 2026.
ICE canola weekly outlook: More upside possible
ICE canola futures have trended steadily higher for the past month, with more upside possible from a chart standpoint as market participants continue to account for easing tariffs from China.
ICE Canada Weekly: Canola premium required
In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
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