The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.
ICE canola weekly outlook: Weak soybeans a “problem”
Federal funds announced for Cereals Canada
The recent $7.3 million in federal money to Cereals Canada is slated for international market improvements and research into the impact of environmental conditions on cereals
Pulse weekly: Lentil market watching India dispute
An ongoing dispute between Canada and India involving the assassination of a Sikh man on Canadian soil has Canada's lentil market fearing that one of its largest trading partners may shut its doors to the pulse.
Saskatchewan crop report: Harvest nearly complete
Combining in Saskatchewan is virtually complete with the provincial report putting the harvest at 97 per cent finished overall. That's a gain of six points during the week ended Oct. 7, as parts of the province contended with rain delays.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
Manitoba crop report: Most of the harvest off the field
Combining in Manitoba advanced 12 points at 85 per cent complete for the week ended Oct. 7. While some crops made great amounts of progress, others did not. The largest gains were made in the province's soybean and flax harvests as they are up 41 points apiece at 70 and 61 per cent finished respectively.
Canadian Grain Commission releases August export report
The Canadian Grain Commission's monthly report on grain exports for August 2024 - the first month of the 2024/25 marketing year.
Pulse Weekly: Yellow peas slip as India pauses levy cut
Yellow pea bids in Western Canada are coming under pressure, while green pea prices hold steady.
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Eastern Canadian oilseeds to receive funding
Minister of Agriculture and Agri-Food Lawrence MacAulay has announced funding up to C$4.3 million over five years to the Eastern Canada Oilseed Development Alliance (ECODA).
Crops