Jamie Wilton, trader for RJ O’Brien in Winnipeg, said he and the canola trade is watching and waiting while Prime Minister Mark Carney visits China this week.
ICE Weekly: All eyes on Carney in China
Large gap in canola ending stocks between AAFC, USDA
There’s a 760,000-tonne difference in the ending stocks for Canada’s 2025/26 canola crop respectively estimated by Agriculture and Agri-Food Canada and the United States Department of Agriculture. Aside from that, the canola data from AAFC and the USDA remain quite similar.
Modest increase for Malaysian palm oil says USDA attaché
Stronger than expected yields in the early going saw Malaysia’s 2025/26 palm oil production get a good start, said the United States Department of Agriculture attaché in Kuala Lumpur.
ICE Canada Weekly: Canola unlikely to have a good start to 2026
When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
‘A little bit of a resurgence for flax’
Flax is sitting in a good position following this year’s harvest, said Scott Shiels of Grain Millers Canada in Yorkton, Sask.
ICE Canada Weekly: Canola a “tough market”
There are grim prospects for canola prices as the New Year approaches said Winnipeg-based trader and farmer Bill Craddock.
Ukraine increases rapeseed, soybeans processing as sunflower crop falls, analyst says
A sharp drop in the sunflower seed crop in 2025 combined with the introduction of export duties on oilseeds will lead to a surge in domestic processing of rapeseed and soybeans, the volume of which may exceed exports, said an analyst.
ICE Weekly: Trade expects larger StatCan canola estimate
Canola’s sharp drop on Dec. 3 could be the beginning as the trade anticipates a larger canola production estimate from Statistics Canada on Dec. 4.
Calling for bigger crops ahead of StatCan report
Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
AAFC makes few changes to November S/D report
Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.