The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.
Soybeans
ICE Canada Weekly: Canola facing ‘extreme uncertainties’ says trader
Excluded from U.S. biofuel tax credits, facing tighter supplies
AAFC forecasts more Canadian wheat acres, less canola in 2025
Canadian farmers will plant more wheat and coarse grains in 2025 at the expense of oilseeds, according to the first supply/demand projections for the 2025/26 marketing year from Agriculture and Agri-Food Canada, released Jan. 20.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Bunge-Viterra deal ‘effectively ends competition’ says NFU
Feds’ conditions not near enough to alleviate concerns
The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.
U.S. grains: Soy, corn futures retreat on profit-taking
U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
IGC trims global corn forecast
The International Grains Council (IGC) on Thursday cut its forecast for 2024/25 global corn production, largely reflecting a downward revision for the United States.
CBOT Weekly: S/D report underpinning U.S. corn, soybeans
More winter wheat acres pressures prices
Corn and soybean futures on the Chicago Board of Trade continued to be supported by the latest supply and demand report issued by the United States Department of Agriculture, said analyst Bryan Strommen of Progressive Ag in Fargo, ND. Meanwhile, wheat has been contending with pressure from an increase in acres.
Cuts to U.S. soybean, corn production
U.S. soybean, corn stocks mixed, more winter wheat planted
The United States Department of Agriculture cut its calls for 2024/25 U.S. soybean and corn production in its World Agricultural Supply and Demand Estimates (WASDE) released Jan. 10.
ICE Weekly: No news means no canola price movement
A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
Dry weather could affect Argentina oilseed harvest: USDA attaché
Buenos Aires desk estimates differ from USDA numbers
Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.
Canadian Prairies, U.S. Midwest to get colder in January as South America becomes hotter, drier
Some warmer temps for Prairies during week of Jan. 6
Meteorologist Drew Lerner said he expects colder than normal temperatures across the Canadian Prairies and much of the United States Midwest in January, while a good portion of South America is to be hotter than normal.
Cyber-Savvy Farmer
