Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
canola
ICE Weekly: Trade talks, weather lifting canola prices
Multiple factors driving canola’s rally
Manitoba crops advancing nicely despite below normal moisture
About 50 to 70 per cent of normal precipitation
Crops in Manitoba continue to develop at a good pace despite a lack of rainfall in some parts of the province, reported Manitoba Agriculture on July 2.
canola, Cereals, Crops, Forages, hay, pasture, peas, Pulses, soybeans, spring-wheat, sunflowers, winter-wheat
Manitoba crops in good shape: Report
Rainfall amounts vary widely
Crops in Manitoba continued to come along nicely, the provincial agriculture department reported for the week ended June 24.
AAFC makes more adjustments to canola numbers
Also changes dry pea data
With exports of Canadian canola still going strong in 2024/25, Agriculture and Agri-Food Canada readjusted its estimates in its June supply and demand report.
ICE Canada Weekly: Canola poised to rise or fall
Weather, China could guide oilseed’s trajectory
Canola prices could shift up or down in the coming weeks due to uncertainty, said Jerry Klassen, analyst with Resilient Capital in Winnipeg
USDA adjusts Canadian canola exports, ending stocks
Data varies from AAFC numbers
There were some notable changes to Canadian canola made in the United States Department of Agriculture world oilseed report issued on June 12. The USDA increased its call on 2024/25 canola exports and trimmed those for 2025/26, and reduced carryout projections for both marketing years.
ICE Weekly: Low stocks, dry weather raising canola prices
Upcoming rains could pull prices back
Canola prices were on the rise for the week ended June 11 as depleted stocks and dry weather gave the markets a lift.
Saskatchewan few points short of wrapping up spring planting
Topsoil moisture levels down
Farmers in Saskatchewan have virtually wrapped up their spring seeding for 2025, with the provincial agriculture department reporting the crops were 97 per cent planted as of June 2. That's up nine points on the week, three ahead of this time last year and two above the five-year average.
Spring planting in Manitoba close to finished
Province gets very little rain over the week
Dry conditions continued to spur quick seeding progress in Manitoba, as the provincial agriculture department reported spring planting reached 95 per cent complete as of June 3.
As seeding nears end in Alberta, moisture becoming an issue
Planting advances 10 points at 90 per cent complete
Spring planting in Alberta entered the home stretch with overall progress at 90 per cent seeded as of May 27, the province's agriculture department reported. Provincewide, the pace put Alberta farmers nine points above the five-year average.
Cyber-Savvy Farmer
