One dollar Canadian coin pattern

A weaker Canadian dollar lifts ICE canola futures

Healthy crush margins should keep processors rolling steady

ICE Futures canola contracts held within a narrow range during the week ended Feb. 8, but trended higher overall, with a weaker tone in the Canadian dollar providing some support. The currency lost roughly a full cent relative to its U.S. counterpart over the course of the week, settling at 75.36 U.S. cents on Feb.

Manitoba cattle market better than rest of Prairies

Manitoba cattle market better than rest of Prairies

Geography is working in favour of local producers, with more nearby market options

While cattle prices are starting to soften across most of Western Canada, Manitoba is finding itself as the exception. “In Manitoba things aren’t looking too bad. They’ve got some options there, their price has almost been a premium, or some of the strongest in Western Canada,” said Brian Perillat, manager and senior analyst at Canfax.


Canada Prairie Spring Red wheat bids fell anywhere from $8 to $10 per tonne on the week.

Prairie wheat bids down with U.S. futures

MGEX September wheat futures dropped by more than four per cent on the week

Wheat bids in Western Can­ada were down for another week, as trade tensions continued to weigh on U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $6 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section

Rain across Prairies, fund liquidation drag on canola

Rain across Prairies, fund liquidation drag on canola

U.S. trade spats with other countries roil commodities

The ICE Futures Canada canola market continued to trend lower during the week ended June 8. The front-month July contract gave way to the November contract month as the dominant value, as traders roll into the new crop. November sunk below the $510-per-tonne mark and closed at $511.10, down $11.90 from June 1. Fund liquidation


Weaker loonie drives up Prairie wheat bids

Weaker loonie drives up Prairie wheat bids

MGEX, CBOT and K.C. July wheat contracts all rose in value on the week

A weaker Canadian dollar combined with rising U.S. futures drove wheat bids in Western Canada higher for the week ended May 18. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $10-$11 per tonne across the Prairie provinces, according to price quotes from a cross-section of

Oilseed Rape Pods

Canola futures stay locked in long-term trading range

Saskatchewan and western Manitoba stay on the dry side

ICE Futures Canada canola contracts held within their well-established trading range during the week ended May 18, with all eyes on weather conditions at this time of year. Some much-needed rain hit Winnipeg and surrounding areas of Manitoba on Friday, but western parts of the province and Saskatchewan remain on the dry side and in


Seeding launch adds bearish influence to grain markets

Seeding launch adds bearish influence to grain markets

Canola futures’ move to the U.S. shuts the lid on the WCE era

It was a bit of a mixed bag in the canola market during the week ended May 4, with old-crop months drifting lower and new-crop contracts steady to higher. Warm and dry weather across Western Canada allowed farmers to start making headway with spring seeding, with cereals and pulses the first to go in the

Oilseed Rape Pods

Canola futures drift lower despite seeding intentions

Other vegetable oil markets also remain under pressure

ICE Futures Canada canola futures had every reason to rally sharply higher during the week ended April 27, but ignored all of the bullish news and drifted down instead. Canola had been looking rather expensive compared to other oilseeds, which likely contributed to the softer tone. A drop in Chicago Board of Trade (CBOT) soyoil


Canola up on weaker loonie, increased export chatter

Canola up on weaker loonie, increased export chatter

StatsCan estimates and labour issues at CP loom large

ICE Futures Canada canola contracts posted solid gains over the week ended April 20, correcting off of nearby lows despite a softer tone in Chicago soybeans and soyoil. Weakness in the Canadian dollar, which lost about a cent relative to its U.S. counterpart, accounted for some of the strength in the futures. However, crush margins

Argentina’s late rainfalls drag on oilseed futures

Argentina’s late rainfalls drag on oilseed futures

Snows on the Prairies weigh on canola’s price outlook

ICE Futures Canada canola contracts held above the $520-per-tonne mark during the week ended March 26, as speculative buying helped offset the bearish influence of rain in South America. From March 16 to March 23, canola lost $2.50 to end Friday at $520.60 per tonne. The week started off with a thud, as beneficial rains