Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
Tag Archives Oilseeds
ICE Canada Weekly: Canola looking at C$580
‘Lack of bullishness’ says trader
Saskatchewan harvest lags behind
Wet weather limits progress in some areas
At 12 per cent complete as of Aug. 25, harvest progress in Saskatchewan was well behind the five-year average of 25 per cent finished, the provincial agriculture department reported. Rain and thunderstorms hampered harvesting in some areas of Saskatchewan.
More canola, a bit less wheat in 2025/26 says StatCan
Mixed projections for other cereals, oilseed, pulses
Canadian farmers are forecast to harvest more canola in 2025/26, while there’s to be less wheat, Statistics Canada said in its crop production report on Aug. 28.
2025/26 canola production jumps nearly 13 per cent
AAFC issues August S/D report
There were sharp changes in Agriculture and Agri-Food Canada’s estimates for the 2025/26 canola crop when it came to production and ending stocks. AAFC has now pegged canola output at 20.10 million tonnes, up 12.9 per cent from its July forecast. Also, the oilseed’s carryout was doubled from last month to now 2.20 million tonnes.
A missed opportunity for farmers says analyst
Prices heading down following crop-saving rains
Farmers have likely lost an opportunity to get better prices for their crops, such as canola, just as the harvest across the Canadian Prairies begins to pick up speed, an analyst warned.
Manitoba harvest sees winter crops pass halfway point
Combining of spring crops getting started
Harvest operations in Manitoba pressed ahead during the week ended Aug. 18, with fall rye and winter wheat leading the way.
Head of Bayer Canada bullish on biofuel sector’s future
Company believes Canadian farmers have an opportunity to grow oilseeds and provide feedstock for biofuel
Antoine Bernet, country head of Canada for Bayer Crop Science, believes biofuels represent a massive opportunity for oilseed growers in Canada. One of those oilseed crops is camelina, as Bayer recently acquired a camelina company from Saskatoon.
Rain aids some Saskatchewan crops
Soil moisture largely adequate
There was some relief for crops in Saskatchewan following sporadic showers. The provincial agriculture department said farmers are hoping for more rain to aid head and pod filling, but the weekly crop report for the week ended July 28 noted that more moisture wouldn’t help the yields for more advanced crops.
Changes to Manitoba’s spring wheat: crop report
Canola varies widely
Crops in Manitoba continued to hold up quite well, but the provincial agriculture department reported some variation in the spring wheat over the week ended July 29.
Rain brings relief to parts of Alberta
Some regions improve, other slip back
Major crops throughout Alberta remained relatively steady during the week ended July 22. The provincial agriculture department rated the crops at 65 per cent good to excellent, a dip of one point from the previous week.
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