Some soy is still out in the fields – now locked in snow – waiting for harvest, as seen here in a photo taken in the Interlake on Oct. 3.

Hamstrung harvest operations supportive for canola values

Son-of-NAFTA lifts the Canadian dollar, weighing on exports

Stalled harvest progress across Western Canada saw canola prices move steadily higher on the ICE Futures platform for most of the week ended Sept. 28. While cool and wet conditions should remain a supportive factor as long as they persist, activity in the Chicago soybean complex could override any weather-related strength. Manitoba farmers got most


corn harvesting

Fundamentals, trade fights help hold canola rangebound

StatsCan’s production report from space has little impact

The ICE Futures canola market continued to chop around unchanged during the week ended Sept. 21, buffeted by a conflicting mix of trade wars, weather issues, spillover losses in soybeans and harvest pressure. The $50-per-tonne level seems like a distant memory these days, as canola was content to hang above the $485 mark in the

Harvest uncertainty holds canola in sideways trench

Harvest uncertainty holds canola in sideways trench

StatsCan’s reports did little to move markets either way

ICE Futures canola contracts held within a rather narrow range during the week ended Sept. 7, with even a pair of Statistics Canada reports unable to break the market out of its sideways pattern. Prairie harvest operations are moving north, and weather conditions and yield reports will be followed closely for at least the next


StatsCan data lifts, U.S. soy drags on canola futures

StatsCan data lifts, U.S. soy drags on canola futures

Trade talks add volatility on the Canadian dollar

Canola futures found themselves in a sea of volatility during the week ended Aug. 31 as trade negotiations, an improving weather situation across Western Canada and a key report by Statistics Canada took turns pulling futures up and down. The government agency, in its Aug. 31 report, estimated Canadian canola production at 19.2 million acres,

Expectations for U.S. crops likely to drag on canola market

Expectations for U.S. crops likely to drag on canola market

New crop estimates are due out from StatsCan next week

ICE canola contracts moved higher during the week ended Aug. 17, although the market remains rangebound overall with seasonal harvest pressure and a large U.S. soybean crop likely to temper the upside going forward. From a chart standpoint, the November contract remains stuck in a $50 range between $475 and $525 per tonne. Statistics Canada


soybean on white background

Opinion: U.S. soy trade stellar in short term

Longer term the outlook for the Chinese market gets very hazy

Market analysts have been trying to gauge China’s forward bean usage as it remains locked in a tit-for-tat tariff dispute with the United States, and the conflict has prompted threats from the East Asian country to severely reduce or ban U.S. bean imports. The future of U.S. soybean trade with China has also been a

Farmers may be hesitant to plant soybeans next year due to market uncertainties related to the U.S.-China trade war, and if so, this could mean more corn acres and a potential glut in the market in 2019.

Opinion: Corn may be an unintended trade war victim in 2019

Wheat is also likely to see the effect of a stampede out of beans

U.S. corn supply is predicted to plunge by 23 per cent over the next year, but the tighter domestic market may be a short-lived phenomenon pending the resolution of the U.S.-China trade war. The world’s two largest economies have been embroiled in a trade battle in which Beijing hit U.S. soybeans with a 25 per


Bags Of Money On A Farm Field

Canola bid continues to see gains

Slow sales from farms and weather issues are causing the market to tick upwards

ICE Futures canola contracts chalked up gains during the week ended August 3, underpinned by concerns about excess dryness in Western Canada. Southwest Saskatchewan and southern Alberta are both in need of more rain as crops there remain under heat stress. Temperatures are expected to stay hot during the first week of August. This has

Recent sweltering temperatures could affect prices for Canadian canola as dryness concerns stretch across Manitoba and Saskatchewan.

Bargain buying of U.S. soy supports ICE canola futures

Corn relatively unchanged on U.S. biofuel policy turmoil

It was a bumpy ride for the ICE Futures Canada canola market during the week ended July 6. The aftermath of a bearish acreage report by Statistics Canada on June 29 gave way to trepidation on Friday, when Chinese tariffs on U.S. soybeans finally kicked in. Traders sold off contracts in the days leading up