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Canola

Grain, oilseed markets trending lower
Grain Markets, Markets

Grain, oilseed markets trending lower

Expert’s Radar: Middle East conflict and a possible rail strike add to market uncertainty

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The major North American grain and oilseed markets continued to trend lower in mid-February, with canola, soybeans, corn and wheat contracts all setting new contract lows as the futures work to uncover demand. Burdensome supply/demand fundamentals, coupled with heavily short speculators and farmer selling on any attempts at moving higher, give little reason to expect
Port of Manila.
News

Canada opens agriculture office in Indo-Pacific

Office a ‘milestone’ opportunity that will open trade doors, say farm groups

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Canada has its first Indo-Pacific agriculture office, and the Canadian ag sector is pretty happy about the news. An Agriculture and Agri-Food Canada release Feb. 21 marked the opening of the office in Manila, Phillipines, and included words of support from commodity groups spanning Canada’s cattle, pork, canola, pulses and cereals sectors, among others. “The Indo-Pacific provides a
At the end of December, the railways had about 35 per cent of the crop, which is low, Quorum Corp president Mark Hemmes admitted. He attributed that to price increases from both railways between August and October last year.
News

Railways weather winter woes

Grain shipments on track despite January cold blast

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At the midway point of the 2023–24 transportation year, grain shipments are moving at a good clip. “In the last 12–18 months, we’ve seen some really good performance from both of the railroads,” said Mark Hemmes, president of Quorum Corporation, Canada’s grain monitor, at the Feb. 15 CropConnect conference in Winnipeg. “The exception was the
Statistics Canada is set to publish its principal field crop areas report on March 11. That will provide a better idea of what farmers are planning to sow in 2024.
Grain Markets, Markets

Lane change from downhill to bumpy road

StatCan’s March 11 report will signal seeding intentions for 2024

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As February winds down, canola has altered its course. Instead of the dreary downward trend that gave little joy, the oilseed is headed toward a bumpy road. Like frost boils and potholes marking roads throughout the Prairies, canola began facing a future of ups and downs last week. While the Intercontinental Exchange saw a short-lived
frost on soybeans
Grain Markets, Markets

Do canola and soy need relationship counselling?

Expert's Radar: Watching the interplay of influences can keep your marketing plan from divorcing reality

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In any relationship, the actions of one party have an influence on the other, and the space between two objects is sometimes as important as the objects themselves. Nowhere is this more true than in grain markets. Old/new crop spread The spread, or difference between two futures months of the same commodity, can provide insight
The canola sector is positioning itself to take advantage of an anticipated boom in renewable fuel.
News, Oilseeds

Canola sector predicts biofuel boom 

Renewable fuels could give canola demand ‘unprecedented’ growth 

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The biofuels industry could drive canola demand into uncharted territory in the coming decade, says one industry expert.  “The capacity of crush could grow from 11.3 million metric tonnes today to 18 million metric tonnes in three or four years,” said Chris Vervaet, executive director of the Canadian Oilseed Processors Association.  Why it matters: The

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AgCanadaTV: In case you missed it; your national ag news recap for March 27, 2026

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