One of the major factors that pulled canola prices lower until recently was a huge influx of South American soybeans coming on the market.

Canola prices higher in rangebound movement

Spring rally still expected, but it may not be a sharp uptick this year

There isn’t much to be overly concerned about now regarding canola futures on the intercontinental exchange. Despite declines, the Canadian oilseed remained a fair bit higher than a week ago. This is pleasant news, given how canola has tumbled downward in recent months. In short, canola can be seen as rangebound. There is a deficit











Canola acres are estimated at anywhere from 21 million to 22.7 million, which compares with 22.1 million acres in 2023.

Crop plans, grain markets countdown to spring

Expert’s Radar: Recent snowfall eases some moisture worries as thoughts turn to spring

March comes in like a lion and goes out like a lamb, according to the old saying that alludes to the idea that storms early in the month are often followed by milder spring weather as the calendar turns to April. Much of Western Canada welcomed snow in early March and the moisture eased some