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.
Tag Archives Canola
ICE canola weekly outlook: Weather to drive market
Conditions range from too dry to too wet
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.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
All rallies must come to an end; the canola market might be headed that way
Canola prices as of May 23 have some market headwinds on the horizon, from politics to production fundamentals
Canola prices as of May 23 have some market headwinds on the horizon, from politics to production fundamentals
Spring seeding entering final stretch in Saskatchewan
Seeding operations are nearing their final stages in Saskatchewan, with 72 per cent of intended acres in the ground as of May 19, according to the latest provincial crop report. That was up 23 points from the previous week and compares with the five-year average of 60 per cent done.
Manitoba seeding 12 points ahead of pace
Most spring wheat in the ground
Manitoba farmers pushed their spring planting to 57 per cent complete as of May 21, up 24 points from a week ago, the province's agriculture department reported.
AAFC ups canola exports, but leaves ending stocks unchanged
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Canadian canola exports in 2024/25 will be at least a million tonnes above earlier projections, but ending stocks remain to be seen as Agriculture and Agri-Food Canada had to make some creative calculations in their latest supply/demand report.
ICE Weekly: No end to July canola’s rise: trader
July canola may have more room to grow
A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.
Alberta seeding leaps ahead by almost 30 points
Moisture levels still strong despite declines
Spring planting in Alberta made a 27-point jump at 47 per cent complete during the week ended May 13, according to the latest crop report from the province. That's 21 points above the five-year average.