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Canola

For many farmers, who have already been pushing their rotations to the limit, stronger competition from other crops will likely limit any acreage increase for canola.
Grain Markets, Markets

Old- and new-crop canola values continue climbing

Traders aren’t yet counting on a sea of yellow on the Prairies this summer

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Another week, another round of fresh highs in canola futures as the bullish uptrend in the market showed no signs of subsiding. A profit-taking correction always remains a possibility, but as traders like to say, ‘the trend is your friend… until it’s not.’ The new-crop November contract posted the biggest gains during the week ended
(Greg Berg photo)
Crops, Markets, Weather

StatsCan predicts more Canadian wheat acres, less canola in 2022

Lentil, corn, soy acres are also expected up from 2021, barley down

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MarketsFarm — Canada’s farmers intend to seed more acres to wheat and less to canola in 2022, according to the first survey-based estimates from Statistics Canada for the upcoming crop year released Tuesday. Canola area is forecast at 20.9 million acres by the government agency, which would be down by seven per cent from the
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Crops, Markets

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included
(Dave Bedard photo)
Crops, Markets

Drought fears, fertilizer may affect Canadian acreage estimates

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MarketsFarm — Traders and analysts awaiting Statistics Canada’s first survey-based acreage report for the 2022-23 crop year on Tuesday believe competition amongst crops — as well as their dependence on fertilizer, and the possibility of another drought this summer — will be determining factors. Canola stands as the best representation of traders’ concerns. Despite reaching
File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Indonesia bans palm oil exports as global food inflation spikes

Government under pressure to control cooking oil prices

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Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely used in products ranging from
Critics of the existing regulatory framework say cereals productivity has lagged, while others say the numbers don’t support this assertion.
Cereals, News

Analysis: Seed Summit long on rhetoric, short on specifics

Seed firms may not like the rules, but they don’t seem to have much sense of what they’d like to see replace them

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Three meetings, over three weeks, and a total of nine hours later, Brett Halstead says he still doesn’t know what regulatory changes the seed industry wants. “I still haven’t really heard what the problems are,” the Saskatchewan farmer and chair of the Saskatchewan Wheat Development Commission said during the final online Seed Summit meeting Feb.
ICE July 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines) and November 2022 canola (purple line). (Barchart)
Crops, Markets

ICE weekly outlook: Trend remains pointed higher for canola

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MarketsFarm — The ICE Futures canola market climbed to fresh contract highs once again during the week ended Wednesday, although profit-taking at those highs did slow the advances. While additional corrections are possible, both the underlying fundamentals and technical remain supportive. “This is the bull market of all time in canola,” said analyst Mike Jubinville

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 20, 2026

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