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U.S. tariffs looming large over canola market

The Canadian canola market is facing down international trade tensions and tariffs at the end of February 2025.

U.S. tariffs are one market headwind facing Canadian canola prices, but Chinese levies are another wrinkle coming down the pipe…

Grain Markets, Markets
Canadian canola blooms on the Prairies in summer 2024.

Tariffs drive grain market moves

Prices in the canola futures market were boosted by last-minute Trump tariff delay in the first week of February.

Grain Markets, Markets
Canola stands in a field in central Manitoba prior to harvest.

Canola prices in a pickle

Threatened Trump tariffs have slipped canola prices into a predicament. The commodity’s futures on the Intercontinental Exchange are at a…

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Futures markets

North American Grain/Oilseed Review: Canola falls, U.S. grains mixed

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Canola futures on the Intercontinental Exchange suffered double-digit losses on Thursday after the release of new data from Statistics Canada. StatCan’s first satellite/model-based crop production estimates of the year were released today, projecting the canola crop to total 19.9 million tonnes, compared to last year’s revised figure of 19.2 million and the five-year average of
Futures markets

ICE Midday: Canola tumbles after StatCan report

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Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their downturn in the middle of Thursday trading after the release of new data from Statistics Canada. StatCan released its first satellite/model-based crop production estimates earlier today with 2025-26 canola production projected at 19.9 million tonnes, compared to a revised value of 19.2 million in
Futures markets

ICE Canada Morning Comment: StatCan report weighs on prices

Canola production to rise in 2025-26

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By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remained on the downside Thursday morning, pressured by the Statistics Canada report and by comparable oils. StatCan issued its crop production report this morning, pegging the 2025/26 canola crop at 19.94 million tonnes. That’s an increase of nearly 700,000 tonnes from
Futures markets

ICE Midday: Canola in the red again

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Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly in negative territory in the middle of trading on Wednesday morning, pulled lower by losses in Chicago soyoil. Meanwhile, gains in European rapeseed and Malaysian palm oil were supportive. Crude oil was also higher as the trade weighed the war in Ukraine, United States stockpiles
Futures markets

ICE Canada Morning Comment: Canola pulling back

StatCan to publish production report Thursday

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By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower on Wednesday morning, following small declines in the Chicago soy complex. Gains in European rapeseed and Malaysian palm oil helped to offset the losses in canola. Modest upticks in crude oil lent some support to the vegetable oils. Statistics
Futures markets

North American Grain/Oilseed Review: Canola down, soybeans up

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Glacier FarmMedia – Canola futures on the Intercontinental Exchange took a downturn on Tuesday, pressured by weakness in comparable oils. Chicago soyoil lost more than one United States cent per pound while European rapeseed and Malaysian palm oil were also down. Crude oil fell more than US$1 per barrel despite tensions between Russia and Ukraine.
Futures markets

ICE Midday: Canola pressured by weaker oils

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Glacier FarmMedia – Canola futures on the Intercontinental Exchange were under pressure from weakness in comparable oils. Chicago soyoil lost nearly two United States cents per pound, with more declines in European rapeseed and Malaysian palm oil. Crude oil was also down despite Ukraine’s recent attacks on Russian power plants. An analyst said Chicago soyoil
Futures markets

ICE Canada Morning Comment: Canola slips lower

Canadian oilseed forfeits overnight gains

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By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange saw overnight gains fade into small losses on Tuesday morning, pulled down by weaker vegetable oils. There were losses in Chicago soyoil, Malaysian palm oil and European rapeseed, as declines in crude oil weighed on the veg oils. Canola garnered some

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