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.
Some hope seen with trade delegation, federal announcement
Expert’s Radar: It looks like StatCan’s newer high-tech monitoring protocols won the battle this past crop year
Crop receipts roughly level, direct payments fall on reduced crop insurance
Mixed projections for other cereals, oilseed, pulses
Lower slaughter, retained breeding stock supports inventories
StatCan revises 2024/25 canola output
Keeping on crop development over next few weeks