As canola futures find some ground on the Intercontinental Exchange during the week ended Sept. 24, the Canadian oilseed’s path will soon be a steady decline. That’s the assessment from Tony Tryhuk, trader with RBC Dominion Securities in Winnipeg.
Tag Archives Canola
ICE Canada Weekly: Pressure on canola is coming
Wildfire smoke helped counter extreme heat, benefitting this year’s canola crop
As Canada’s western provinces experience the second-worst wildfire season in decades, driven by hotter and drier conditions due to climate change, some canola farmers say they are seeing an unexpected benefit to the hazy summer skies.
StatCan, USDA in sync on canola production
Slow harvest is underpinning prices, but there will be lots of canola coming from the Prairies in 2025/26.
Statistics Canada and the United States Department of Agriculture often disagree on Canadian canola production. This year though, they’re on the same page.
Ag minister says tariff situation with China remains fragile, volatile
Tariffs on canola and other products were discussed at the annual federal, provincial and territorial ag ministers’ meeting
Agriculture ministers from across Canada said they’ve met with farmers and heard canola producers’ concerns about tariffs but it seems unlikely the ministers will be able to do much about them.
China snaps up Australian canola after trade spat with Canada, sources say
Chinese state trading firm COFCO has bought up to nine 60,000-metric-ton cargoes of Australian canola, three trade sources told Reuters, after Beijing last month imposed preliminary anti-dumping duties on imports of the oilseed from traditional supplier Canada.
Manitoba searches for Plan B on canola oil exports
New Manitoba report explores alternative trade markets for the province’s canola oil, but the U.S. casts a long shadow
The U.S. has overwhelmingly been the top trade destination for Manitoba canola oil, and that may be hard to unstick.
ICE Canada Weekly: More declines on horizon for canola
Expect canola futures to fall back in the coming months, said analyst Jerry Klassen of Resilient Capital in Winnipeg. Klassen pointed to the Statistics Canada production update and China as two reasons for the coming declines.
Canola or cars? Canada can’t save both
Sacrificing the canola industry to Chinese tariffs in favour of the auto manufacturing industry would a bad move for Canada and Canadian trade policy
Canola is a winning industry for Canada, but right now the Canadian farmers growing it are feeling the squeeze from China’s tariffs.
Canadian crop production revised mostly higher from August
Canadian grain and oilseed production in 2025/26 was likely larger than earlier expectations, as warm temperatures and increased precipitation across the Prairies in August helped crop development, according to updated estimates from Statistics Canada released Sept. 17.
Fund traders flip to net short in canola futures
Speculative fund traders have moved to a net short position in canola futures for the first time in five months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
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