Canola pod. Photo: Robin Booker

Canola suffers chaotic 2025

Actions by China, U.S., StatCan guide the oilseed

Canola had something of a tumultuous 2025, pushed one way or another by a variety of factors. Nearby canola futures traded in a wide range from about C$550 to C$750 per tonne over the last year, but were within a few dollars of where they started by December with the most-active March contract in the middle of that range at nearly C$633 as of Dec. 11.







Photo: File

Calling for bigger crops ahead of StatCan report

Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.