Canola futures broke below their nearby trading range as a selloff in crude oil weighed on prices. While seasonal price trends point higher, direction will continue to come from developments in the Middle East.
ICE weekly: War news driving canola markets
India, Japan canola crops to be steady in 2026/27 – USDA
Canola supplies for India and Japan are expected to remain relatively stable in the 2026/27 crop year, the United States Department of Agriculture said.
February canola crush up from 2025, StatCan reports
More canola was crushed in February than a year ago, Statistics Canada reported on March 31. StatCan pegged last month’s domestic crush at 951,353 tonnes, up about 7.8 per cent from February 2025.
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.
USDA attachés forecast some changes in China’s oilseeds, cereals
As China heads into the 2026/27 marketing year, the United States Department of Agriculture attachés in Beijing projected a few minor to moderate changes in the country’s soybean, canola, corn and wheat crops.
Richardson back in the fold at canola council
Richardson International has rejoined the Canola Council of Canada after a nearly nine-year hiatus.
ICE Weekly: Canola to stay elevated as war persists
Canola prices will stay elevated as long as there is conflict in the Middle East, said a Winnipeg-based analyst.
BASF announces $27M Saskatoon canola breeding facility expansion
BASF is investing $27 million to expand its Canola Breeding Centre of Innovation in Saskatoon with the hopes of refining and accelerating the development of hybrid canola.
Canola, U.S. soybean crushes expanding
In calendar year 2025, the canola crushes in Canada and the United States remained above their respective five-year averages, Statistics Canada reported on March 13. While the U.S. soybean crush continued to expand, StatCan didn’t include any soybean crush data for 2025 due to confidentiality requirements under the Statistics Act.
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.