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.
Mixed projections for other cereals, oilseed, pulses
StatCan revises 2024/25 canola output
Keeping on crop development over next few weeks
Farmers see declining ability to service debt for second consecutive year
Weather, China could guide oilseed’s trajectory
Data varies from AAFC numbers
Livestock receipts rose across all sectors except poultry; crop receipts fell
Barley the lone exception