Canola is poised for more gains as the trade awaits the Trump administration’s decision on the latest biodiesel mandate, said Jamie Wilton, broker with RJ O’Brien in Winnipeg.
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
More canola, spring wheat likely to be seeded this spring
As spring planting approaches, farmers are busy planning which crops to seed this year and how much. With that, market thoughts have turned toward planted area projections, as Statistics Canada is set to issue its report on Thursday.
Reduced Argentine soybean harvest, bigger crush says USDA attaché
Argentina is expected to reap 48 million tonnes of soybeans in 2025/26, the United States Department of Agriculture attaché in Buenos Aires said in a report released on Feb. 25. That’s slightly lower than the USDA’s official estimate of 48.50 million tonnes.
CBOT Weekly: Several unknowns that could affect commodity prices
There are a number of unknowns that could affect where soy, corn and wheat prices go on the Chicago Board of Trade, said Sean Lusk, vice-president of Walsh Commercial Hedging Services.
IGC February report adjusts world data
There were several revisions made to the International Grains Council monthly supply and demand report issued on Feb. 19, most notably in soybeans.
Feed Grains Weekly: Domestic prices remain flat
Although there has been some upward movement in feed grain prices, particularly in Alberta, it’s not domestic demand that’s pushing them higher, said Jim Beusekom, president of Market Place Commodities in Lethbridge on Feb. 19.
Minor tweaks in AAFC supply and demand report
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Prairie Wheat Weekly: Cash prices mostly higher
Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
Pulse Weekly: Lentil prices currently lacking direction
There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
ICE Canada Weekly: Canola needs to back away from highs
Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
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