Tariff news, new planting data and more are coming down the pipe, all of which might lean on grain markets for Canadian farmers in the coming month.
Analysts search for signal on grain market fortunes
Tariff news, new planting data and more are coming down the pipe, all of which might lean on grain markets in the coming month
AAFC ups canola/pea ending stocks projections amid tariff woes
Geopolical risks and trade uncertainty may alter outlook
Canadian canola and pea ending stocks may end up considerably larger at the close of the 2025/26 marketing year than originally thought if recently-imposed Chinese tariffs remain in place through the marketing year, said Agriculture and Agri-Food Canada in its latest supply/demand estimates released March 21.
U.S. livestock: Cattle futures mixed Tuesday
Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
Canadian spring wheat bids strengthen
Rising futures, weak loonie provide support
Hard red spring wheat bids in Western Canada moved higher during the week ended March 13, as gains in United States futures and weakness in the Canadian dollar countered the bearish influence of the trade uncertainty overhanging the markets.
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
New Chinese tariffs “devastating” to Canadian ag sector
Ag groups decry latest trade action
A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.
Tariffs roil Canadian grain markets
About the only certainty these days is there is going to be more uncertainty
U.S. trade policies continue to impact agrictultural futures, and politics appear to remain the driving force behind grain and oilseeds markets for the foreseeable future.