The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.
Speculators add to bullish bets in canola
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.
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.
Agriculture Canada makes small balance sheet adjustments
Updated supply/demand estimates from Agriculture and Agri-Food Canada, released March 18, included only minor adjustments, as the agency incorporated the latest acreage forecasts from Statistics Canada released earlier in the month.
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.
ICE canola outlook: Upside unknown given geopolitical risks
Canola futures climbed higher during the week ended March 11, finding spillover support from advances in crude oil due to the escalating conflict in Iran and surrounding countries.
Canadian farmers intend to plant more canola, less wheat in 2026
Canadian farmers expect to plant more canola and less wheat in 2026 compared to the previous year, according to the first planting intentions report from Statistics Canada released March 5. Barley, soybeans and corn area are also expected to increase, while oats, lentils and dry peas are forecast to decrease.
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
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.
Speculative net long position grows in canola
Speculative fund traders have added to their recently established net long position in canola, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, Feb. 27.