ICE canola futures have trended steadily higher for the past month, with more upside possible from a chart standpoint as market participants continue to account for easing tariffs from China.
Tag Archives canola
ICE canola weekly outlook: More upside possible
Mustard industry works to stop InVigorGold
Growers and processors say the threat of GMO contamination from BASF’s proposed canola hybrid variety is real
The spectre of InVigor Gold loomed large over mustard industry meetings in Saskatoon this month as farmers and processors addressed the threat of the new canola hybrid.
Bayer to build Winnipeg canola research site
Bayer will build at $45 million canola research and development centre in Winnipeg the company announced on Monday.
China buys more Canadian canola
Chinese importers secured up to 10 Canadian canola cargoes following Prime Minister Mark Carney’s visit to Beijing earlier this month, two trade sources told Reuters.
Agriculture Canada expects farmers to plant more canola, less pulses in 2026/27
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.
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.
Chinese importer buys Canadian canola after Carney visit
A Chinese importer bought a cargo of Canadian canola shortly after Canadian Prime Minister Mark Carney’s visit to Beijing last week, trader sources said.
Canada, China slash EV, canola tariffs in reset of ties
Canada and China have struck an initial trade deal that will slash tariffs on electric vehicles and canola, Prime Minister Mark Carney said on Friday, as both nations promised to tear down trade barriers while forging new strategic ties.
ICE Weekly: All eyes on Carney in China
Jamie Wilton, trader for RJ O’Brien in Winnipeg, said he and the canola trade is watching and waiting while Prime Minister Mark Carney visits China this week.
Large gap in canola ending stocks between AAFC, USDA
There’s a 760,000-tonne difference in the ending stocks for Canada’s 2025/26 canola crop respectively estimated by Agriculture and Agri-Food Canada and the United States Department of Agriculture. Aside from that, the canola data from AAFC and the USDA remain quite similar.