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Daily Network News

  • Canada, China slash EV, canola tariffs in reset of ties

    Canada, China slash EV, canola tariffs in reset of ties

    1 hour ago
  • Photo: Getty Images Plus

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    15 hours ago
  • U.S. grains: Soybeans climb as soyoil futures surge

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Canola


Close up photo of blooming canola in a Manitoba field.  Photo: Alexis Stockford
Markets

Canola market off highs, but uptrend intact as June winds down

Geopolitical factors weighed into canola market in the week ending June 27

By Phil Franz-Warkentin June 28, 2025
Global factors such as renewed conflict in the Middle East were weighing on canola prices in the week ending June 27, 2025.

Photo: Greg Berg
Crops, Markets

Canadian farmers planted fewer canola acres than expected, StatCan projects

StatCan revises 2024/25 canola output

By Glen Hallick - MarketsFarm June 27, 2025
In something of a surprise, Statistics Canada lowered its projection for planted canola acres in 2025/26, with other oilseeds reaping some of the benefits. As well, StatCan adjusted its numbers for Canadian wheat.


ICE canola weekly outlook: Uptrend intact despite selloff
Markets

ICE canola weekly outlook: Uptrend intact despite selloff

Nov canola holds above 20-day moving average

By Phil Franz-Warkentin June 25, 2025
ICE Futures canola fell from contract highs as summer officially began and wild swings in outside markets weighed on values. However, support held to the downside and the uptrend remained intact ahead of a pair of key reports that could provide some nearby direction.

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg
canola, Markets, peas

AAFC makes more adjustments to canola numbers

Also changes dry pea data

By Glen Hallick - MarketsFarm June 23, 2025
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.


If the dry conditions in the Prairies don’t turn around soon, there may be an upward push in canola futures.
Markets

Canola market higher, sees uncertain forward path

U.S. biofuel decision helped canola prices dodge a market downturn the week ending June 19, 2025

By Glen Hallick - MarketsFarm June 21, 2025
U.S. biofuel decision helped canola prices dodge a market downturn for Canadian farmers the week ending June 19, 2025

Photo: Avalon_Studio/Getty Images Plus
Crops, News, Reuters

Indian rapeseed meal exports soar as China replaces Canadian canola supply

China placed Canadian canola oil, meal under a 100 per cent tariff in March

By Rajendra Jadhav, Reuters June 19, 2025
China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.


Photo: Thinkstock
canola, Markets

ICE Canada Weekly: Canola poised to rise or fall

Weather, China could guide oilseed’s trajectory

By Glen Hallick - MarketsFarm June 18, 2025
Canola prices could shift up or down in the coming weeks due to uncertainty, said Jerry Klassen, analyst with Resilient Capital in Winnipeg

Soybeans emerge from a field in Manitoba’s Interlake on May 26, 2025.  Photo: Greg Berg
Crops, Weather

Varied rains leave parts of Manitoba in need of moisture: report

Planting 100 per cent complete

By Phil Franz-Warkentin June 17, 2025
Varied rainfall across Manitoba left many areas of the province still in need of precipitation, with accumulations at 60 per cent of normal in eastern, Interlake and northwestern regions, reported Manitoba Agriculture in its latest weekly crop report.


Photo: Avalon_Studio/Getty Images Plus
Crops, News, Reuters

U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks

By Leah Douglas, Reuters June 16, 2025
U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20 per cent of the value of the credit for biofuels made from feedstocks produced outside of the United States.

Canada’s canola exports are flowing fast. Photo: File
Markets, Op/Ed

Canadian agricultural exports at record pace so far this year

Despite all the hubbub about tariffs and trade wars, Canada’s ag exports in 2025 are flowing at record pace

By Bruce Burnett June 16, 2025
Canadian agricultural exports are moving at a record pace in 2025. According to the Canadian Grain Commission, weekly exports to June 1 are up by 7.5 million tonnes from last year. The largest rise was in canola.


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