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Canola is mostly higher on Monday afternoon, but its March dips lower. The U.S. markets are closed for the Martin Luther King Jr. holiday. Trading resumes this evening. Here’s your Jan. 19 afternoon grain and oilseed market update.

Canola futures made gains on Friday after Canada and China reached a new trade deal which would lower or eliminate tariffs on Canadian canola. In exchange, Canada will allow up to 49,000 Chinese electric vehicles to be sold per year at a 6.1 per cent tariff. Meanwhile, U.S. grains and oilseeds were also higher. Here’s […] Read more

Canola futures strengthened on Thursday, as well as soybeans, lifted by the vegetable oil complex. Meanwhile U.S. grains went negative. Here’s Adam Peleshaty from The Western Producer with your Jan. 15 closing grain and oilseed market update.

Canola futures returned to the red on Wednesday, despite higher crude oil prices, while U.S. grains and oilseeds were up for the first time since the USDA released its bearish supply/demand estimates on Monday. Here’s Adam Peleshaty from the Western Producer with your Jan. 14 closing grain and oilseed market update.

Canola futures rebounded on Tuesday ahead of Prime Minister Mark Carney’s visit to China later today. Meanwhile, U.S. grains and oilseeds were mostly negative as they were still reeling from Monday’s bearish USDA reports. Here’s The Western Producer’s Adam Peleshaty with your Jan. 13 closing grain and oilseed market update.

Canola futures were pressured on Monday, as the USDA’s larger-than-expected carryout projections turned U.S. grain and oilseed prices lower and spilled over into canola. Here’s Adam Peleshaty of the Western Producer markets desk with your Jan. 12 closing grain and oilseed market update.

Canola failed to hold onto early gains, settling with small losses buying interest subsided and traders squared positions ahead of the weekend. Chicago soybean futures were higher, while corn and wheat held closer to unchanged. The USDA is set to release updated supply/demand estimates on Monday. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk […] Read more