A number of factors including climbing crude oil prices and likey biofuel policy changes in the U.S. are driving canola futures contracts higher.
Tag Archives Canola
Prairie weather could mean higher prices
Lack of rainfall is putting some snap into new crop canola contracts
Crucifer main flea beetle species eating Manitoba canola
Striped flea beetles have also made inroads in Manitoba canola fields, but crucifer flea beetles have been the bigger insect pest causing farmers crop damage in 2025
Striped flea beetles have also made inroads in Manitoba canola fields, but crucifer flea beetles have been the bigger insect pest causing farmers crop damage in 2025.
ICE Weekly: Low stocks, dry weather raising canola prices
Upcoming rains could pull prices back
Canola prices were on the rise for the week ended June 11 as depleted stocks and dry weather gave the markets a lift.
Manitoba crops 99 per cent planted
Five points ahead of average
Seeding operations across Manitoba largely wrapped up during the week ended June 10, with 99 per cent of intended acres in the ground, according to the latest provincial crop report. That was up four points from the previous week and compares with the five-year average of 94 per cent done.
China seeks improved ties with Canada amid rising trade tensions
Carney and Li agreed to establish regular communication channels
China called on Friday for steps to improve bilateral ties with Canada, saying there were no deep-seated conflicts of interest, following a spike in trade tensions with many of Beijing’s Western trade partners this year.
Bourgault test drives deep-banded phosphorus
At its test sites, the manufacturer is setting P deep down in soil to see if plants can access it throughout the season
At its home base in northeastern Saskatchewan, cultivator maker Bourgault is attempting to maximize yield by deep-banded phosphorus into typically untouched dirt.
China blocks Canada’s request for review of Chinese duties on agriculture, fish
Next meeting June 23
China has blocked Canada's request to set up a dispute panel to review additional import duties by China on certain Canadian farming products and fish, a Geneva-based trade official said on June 5.
ICE canola weekly outlook: Weather to drive market
Conditions range from too dry to too wet
Weather conditions across the Canadian Prairies will likely be a major driver of the canola futures market in the weeks ahead, as attention shifts from the tight old crop supply situation to the prospects for the new crop.
Australia forecasts wheat output down 10 per cent on dry conditions
Barley, canola also hit
Australia's wheat production is projected to drop 10 per cent this year to 30.6 million tonnes, with barley and canola output also expected to fall due to dry conditions across several cropping regions, the agriculture ministry, ABARES, said.
Canola prices hit tug of war in last week of May
Canola demand has softened with supply issues being worked out as of the end of May, but dry fields in western Canada are also pulling the canola futures market the other way.
Canola demand has softened, but dry fields in western Canada were also pulling the canola futures market the other way during the last week of May 2025.
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