The war in the Middle East has become the primary driver for nearly all major global financial and commodity markets, though its long-term effects on grain and oilseed markets remain to be seen.
Canola
Mideast war driving grain markets, but fundamentals remain
Expert’s Radar: Volatility is likely in grain futures in the short-term, with long-term effects yet to be seen
Canola, soyoil markets swing hand-in-hand with crude
Diplomatic uncertainty between the U.S. and Iran is whipsawing crude oil, pulling canola and soyoil along while fertilizer and diesel costs climb
Mideast conflict is driving crude oil swings now spilling into canola and soyoil markets, while rising fuel and fertilizer costs eat up farmer gains.
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.
Speculators add to bullish bets in canola
The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.
USDA attachés forecast some changes in China’s oilseeds, cereals
As China heads into the 2026/27 marketing year, the United States Department of Agriculture attachés in Beijing projected a few minor to moderate changes in the country’s soybean, canola, corn and wheat crops.
Richardson back in the fold at canola council
Richardson International has rejoined the Canola Council of Canada after a nearly nine-year hiatus.
ICE Weekly: Canola to stay elevated as war persists
Canola prices will stay elevated as long as there is conflict in the Middle East, said a Winnipeg-based analyst.
Agriculture Canada makes small balance sheet adjustments
Updated supply/demand estimates from Agriculture and Agri-Food Canada, released March 18, included only minor adjustments, as the agency incorporated the latest acreage forecasts from Statistics Canada released earlier in the month.
VIDEO: Seed less canola, harvest more? Bourgault field trials say it’s possible
Heavy seeding rates may be sucking at your canola profits, especially with the cost of seed; research shows leaner plant stands taking advantage of less competition, making for larger plants and bigger yield, in some cases
Bourgault field trials tested canola seeding rates as low as 1.25 pounds per acre and found individual plants grew larger with stronger roots.
BASF announces $27M Saskatoon canola breeding facility expansion
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.