Recent comments from Chinese and Canadian officials offered a shot of positive vibes that lifted ICE canola futures to their highest levels in a month, even without any actual concrete developments on the trade front.
Canola
Canadian canola futures vibing
It’s Your Business: Words from China’s ambassador were interpreted positively by the canola market
Western Australia could reap record harvest as crop estimates rise again, GIWA says
Western Australia will produce nearly 1 million metric tons more wheat this season than was expected a month ago, an industry group said on Friday.
Canada and China discuss disputes over canola and EVs, says Ottawa
Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough.
Manitoba Crop Report: Harvest near completion despite snowfall
Despite snowfall in the northwest region, Manitoba’s harvest advanced to 93 per cent completion as of Oct. 13, 2025.
Canada, Mexico look beyond U.S. as agri-food trade pact expands
Earlier this week Heath MacDonald, Canada’s Minister of Agriculture and Agri-Food and Mexico’s Secretary of Agriculture and Rural Development, Julio Berdegué, met to discuss bilateral relations and strengthen cooperation and trade ties between the two countries.
Carney expects to meet senior China leaders, sidesteps question on tariffs
Prime Minister Mark Carney on Thursday said he expected to meet senior Chinese leaders soon but sidestepped a question about dropping tariffs on Chinese electric vehicles in exchange for relief from Beijing’s duties on canola.
Shaky trade ground threatens efforts to build Canadian agriculture
Trade uncertainty is freezing billions in agriculture investment across Canada and may pose more threat than tariffs themselves
Trade uncertainty is freezing billions in agriculture investment across Canada, which may threaten export-oriented Manitoba farms more than the tariffs spurring the uncertainty in the first place, experts tell Fields on Wheels conference.
ICE canola weekly outlook: Off lows, but sideways trade likely
Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
Resolving Chinese tariffs will require balancing act
China’s tariffs are very clearly tied to Canada’s decision to impose our own tariffs on its electric vehicles and steel and aluminium.
GRAIN MARKET: Good week for canola not likely to last
Canola could be heading down below $600/tonne
Canola prices hung on fairly well during the week ended Oct. 9, but Canadian farmers may still see canola heading under $600 a tonne
Cyber-Savvy Farmer
