With seasonal harvest pressure waning, extremely wide crush margins continue to make the best case for why canola prices could move higher.

Canola futures remain rangebound for now

Recent weakness in the loonie is supportive for exports

The ICE Futures canola market held rangebound through the first half of October after running into the top end of its months-long trading range. There are plenty of reasons why canola could break higher, but the market doesn’t operate in a vacuum and continued steadiness or even a move lower are also possibilities. The nearby

Manitoba harvest nears completion

Manitoba Crop Report: Issue 24, October 18, 2022

Overview Harvest progress sits at 90 per cent complete across the province, having caught up to the 5-year average of 91 per cent complete by week 42. Harvest is wrapping up or done in many areas of southern Manitoba, and fall fieldwork, tillage, fertilizer application and drainage is underway. Winter cereal crops appear in good



(Thinkstock photo)

Prairie cash wheat: Prices swing higher on U.S. gains

Canadian dollar down on week

MarketsFarm — Wheat prices on the Canadian Prairies were higher for the week ended Thursday. As Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats had modest upticks, Canada Western Amber Durum (CWAD) incurred double-digit increases. Gains in the U.S. wheat complex provided support, with a weaker Canadian dollar also underpinning values.


Dry soil in Russia’s south poses risk for 2023 grain crop

Low soil moisture reserves in Russia’s southern breadbasket pose risks for the 2023 grain crop of the world’s largest wheat exporter, said agriculture ministry official Roman Nekrasov on Oct. 6. Farmers in Russia have accelerated winter wheat sowing after recent rain eased dry soil conditions in some regions last week, though sowing is still delayed

Alex Griffiths from DUC provides on-farm winter wheat advice.

Winter cereals stuck in catch-22 this fall

Conditions were ideal but the timing was off, despite grower interest

Conditions were nearly perfect for seeding winter cereals this fall but poor timing will likely temper the growth of seeded acres. Manitoba Agriculture cereals specialist Anne Kirk says seeded acres of winter cereals increased last year but it’s difficult to know whether the trend will continue. “I think that conditions would have been good for


Soy harvest hits half-way mark, overall harvest progress varies widely

Soy harvest hits half-way mark, overall harvest progress varies widely

Manitoba Crop Report: Issue 23, October 11, 2022

Overview Harvest progress sits at 79 per cent completed across the province, approximately two weeks behind the 5-year average of 89 per cent complete by week 41. Canola continues to be harvested in all regions, but notable progress has been made in the Southwest region, where crops were generally later and more variable than other

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Alberta harvest on the verge of completion

MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11


(Thinkstock photo)

Prairie cash wheat: Weaker loonie underpins bids

U.S. wheat futures down on week

MarketsFarm — Spring wheat bids in Western Canada strengthened during the week ended Thursday, as sharp declines in the Canadian dollar boosted basis levels and more than made up for the bearish influence of softening U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $4.10-$5.40 per tonne

Frost falls on Manitoba fields, harvest progress less than 50 per cent

Frost falls on Manitoba fields, harvest progress less than 50 per cent

Manitoba Crop Report: Issue 21, September 27, 2022

Overview Harvest progress sits at 47 per cent completed across the province, approximately 3.5 weeks behind the 5-year average of 79 per cent complete by week 39. Few crops were harvested last week until the weekend, since frequent drizzling rains, high humidity, and overcast conditions prevented harvest operations. Crops that were harvested before the start