Markets
Canadian farmers will plant more canola in 2026/27, while lowering their pulse and special crop area, according to the first supply/demand estimates from Agriculture and Agri-Food Canada for the upcoming marketing year.
Markets
Agriculture Canada expects farmers to plant more canola, less pulses in 2026/27
ICE Canada Weekly: Canola premium required
In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
Canadian Financial Close: Loonie up amidst positive markets
Glacier FarmMedia – The Canadian dollar showed a small increase on Wednesday, following gains in crude oil. The loonie settled at US$0.7239 or US$1=C$1.3814, compared to US$0.7231 or US$1=C$1.3829 on Tuesday. The U.S. Dollar Index was up 0.16 of a point at 98.80. Crude oil prices were higher as the fire in an […] Read more
CBOT weekly outlook: Large South American crops looming
Soybean futures at the Chicago Board of Trade moved off nearby lows during the week ended Jan. 21, as solid export sales and talk of movement on biofuel blending requirements in the United States provided support. However, the advancing South American harvest may limit further gains.
North American Grain and Oilseed Review:Big gains for canola
Sharp improvements in CBOT soybeans, soyoil
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Wednesday, riding the spillover from sharp increases in Chicago soybeans and soyoil. There was additional support from gains in MATIF rapeseed and Malaysian palm oil. Also, canola continued to benefit from Friday’s Canada-China trade deal and news that China bought 60,000 tonnes […] Read more
ICE Canola Midday: Good spillover support from soybeans, soyoil
Uncertainty over Chinese import volumes
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade […] Read more
Ukraine wheat exports remain low amid Russian attacks on ports, weak demand
Ukraine’s wheat exports remained relatively low in the first half of January amid Russian attacks on Ukrainian seaports and low external demand, data from the country’s grain traders union UGA showed on Wednesday.
Global Markets: Trump says Canada, Carney not grateful
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As United States President Donald Trump spoke at the World Economic Forum at Davos, Switzerland, on Wednesday, he repeated his demand that Greenland be turned over to the U.S. Also, Trump accused Canada […] Read more
Canadian Dollar and Business Outlook: Loonie up, gold breaks another record
Glacier FarmMedia – The Canadian dollar continued to rally on Wednesday as its United States counterpart weakened. The loonie was at US$0.7248 or US$1=C$1.3797 as of 8:36 a.m. CST, compared to Tuesday’s close at US$0.7231 or US$1=C$1.3829. The U.S. Dollar Index dipped 0.12 of a point at 98.52. Crude oil prices were […] Read more
ICE canola stronger Wednesday morning
Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, finding spillover support from gains in outside markets. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were higher. The reduction of Chinese tariffs on Canadian canola announced last week remained supportive. March canola was trading above most of its major moving averages, […] Read more