Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.
ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Reading Time: 2 minutes Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
Canadian cattle, hog inventories post modest declines
Canadian cattle and hog inventories on January 1, 2025 were down compared to one year prior, Statistics Canada reported.
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, spring-wheat, Winter Wheat
Canola stocks shrink, wheat nudges up
StatCan issues stock report
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.
StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Statistics Canada published its crush and grain deliveries reports on Dec. 24.
Canadian honey production down in 2024
Canadian honey production was down by 18 per cent in 2024 despite an increase in the number of beekeepers and colonies.
Canada posts sixth straight monthly trade deficit in August
Farm, fishing and intermediate food product exports rose
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Largest Canadian chickpea crop in over two decades
Canadian chickpea production hit its largest level in over two decades in 2024, although the increased supplies have cut into prices.
Cyber-Savvy Farmer
