Severe hailstorms wreaked havoc on crops across Western Canada, bringing an unexpected surge in claims, according to the latest update from the Canadian Crop Hail Association (CCHA).
Late season storms wreak havoc on Prairie crops
ICE canola weekly outlook: Running into resistance
The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
Canola flowing, but on shaky ground
Labour disputes and Chinese anti-dumping investigation drag outlook
Canola exports are flowing, but market outlook is on shaky ground
Port workers to strike in Montreal
Workers at two Montreal port facilities are set to hold a three-day strike starting Sept. 30.
European woes could lift canola market
Canadian canola is suddenly attractive and it’s flowing east out of Thunder Bay
European growing season challenges could lift prices for Canadian canola growers.
AAFC ups wheat, canola carryout forecasts
Canadian wheat ending stocks for the 2024-25 marketing year are forecast to be well above earlier expectations, says Agriculture and Agri-Food Canada.
Rising CBOT soybeans facing resistance
Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.
Canola net short position grows
The net fund short position in canola grew in mid-September, as speculative selling took the futures to contract lows, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Prairie spring wheat bids follow U.S. futures lower
Hard red spring wheat bids in Western Canada moved lower during the week ended Sept. 19, as losses in the United States futures and seasonal harvest pressure weighed on values.
Canadian purchases of U.S. corn off to slow start
Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.
Cyber-Savvy Farmer
