When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
Tag Archives Oilseeds
ICE Canada Weekly: Canola unlikely to have a good start to 2026
Huge crops in South America says analyst
Although there’s a debate over the size of the South American soybean crop, there’s little doubt that it will be an enormous one, said consultant Michael Cordonnier of Soybean and Corn Advisor in Hinsdale, Ill.
‘A little bit of a resurgence for flax’
Flax is sitting in a good position following this year’s harvest, said Scott Shiels of Grain Millers Canada in Yorkton, Sask.
Calling for bigger crops ahead of StatCan report
Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
AAFC makes few changes to November S/D report
Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.
ICE Canada Weekly: Canola likely to remain rangebound
Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
Made-in-Manitoba sunflower hybrid headed to market
Manitoba Crop Alliance lands U.S. co-operative CHS to commercialize the first confection sunflower variety to come out of MCA’s homegrown breeding program
Manitoba’s confection sunflower growers will have a new seed option next spring developed specifically for performance in the province. The pending commercialization of one of its hybrids is a milestone for the Manitoba Crop Alliance (MCA), the commodity group that represents the province’s sunflower growers. The organization has invested in its own sunflower breeding program. […] Read more
CBOT Weekly: Trade awaits USDA S/D report
Regardless of the United States government shutdown ending soon or not, the Department of Agriculture is set to issue its supply and demand report on Nov. 14. The USDA cancelled its October edition of World Agriculture Supply and Demand Estimates due to the shutdown and pushed back their November report a few days.
Notable changes in exports to China, India
China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
ICE Canada Weekly: Canola could climb higher through to spring
With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
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