Nearby canola futures slipped further back during the week ended Sept. 4, as they approached C$600 per tonne. The most-traded November contract lost C$15.50 on the week, that brought it down to C$620.20/tonne.
Canola price outlook rather grim for Canadian farmers
Some hope seen with trade delegation, federal announcement
Saskatchewan harvest advances, but behind five-year pace
Lack of rain spurs progress
Saskatchewan farmers advanced their harvest 11 points during the week ended Sept. 1, bringing it to 23 per cent complete. However, that’s still 17 points behind the five-year average despite dry conditions throughout most of the province.
ICE Canada Weekly: Canola looking at C$580
‘Lack of bullishness’ says trader
Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
Feed Grains Weekly: Price likely to keep stepping back
Expected to drop passed last year’s lows
As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.
Prairie Wheat Weekly: Prices mostly lower
StatCan projects less wheat in 2025/26
Cash prices for spring wheat and durum across the Canadian Prairies incurred losses almost across the board during the week ended Aug. 28.
Saskatchewan harvest lags behind
Wet weather limits progress in some areas
At 12 per cent complete as of Aug. 25, harvest progress in Saskatchewan was well behind the five-year average of 25 per cent finished, the provincial agriculture department reported. Rain and thunderstorms hampered harvesting in some areas of Saskatchewan.
More canola, a bit less wheat in 2025/26 says StatCan
Mixed projections for other cereals, oilseed, pulses
Canadian farmers are forecast to harvest more canola in 2025/26, while there’s to be less wheat, Statistics Canada said in its crop production report on Aug. 28.
CBOT Weekly: Soybeans, corn set to push lower
Soyoil a bright spot
Prices for the soy complex, and corn pushed lower for the most part during the week ended Aug. 27. Terry Reilly, senior agricultural specialist for Marex, said there were a few factors behind the declines, which he expects the losses to continue.
Canola weathering Chinese tariff storm better than expected
Canadian farmers have taken a price hit on their canola, but the futures market showed some bounce back the week ending Aug. 21
Canadian farmers took a price hit after China announced tariffs on canola seed, but canola futures the week ending Aug. 21 showed some bounce back.
Pulse Weekly: AAFC raise dry pea, lentil production numbers
Ending stocks higher as well
Agriculture and Agri-Food Canada raised its 2025/26 production calls for dry peas and lentils from its July report. AAFC issued its latest monthly report on Aug. 20, and adjusted exports, domestic usage and ending stocks.
Cyber-Savvy Farmer
