Speculative fund traders reduced their net short position in canola futures for the fourth straight week in the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday.
Bumper crops in Western Canada led to larger stocks of wheat, canola, barley and oats in the country as of Dec. 31, 2025, according to the latest stocks of principal field crops data from Statistics Canada, released Feb. 6.
Canada Western Red Spring wheat bids held relatively steady during the week ended Feb. 3, with small price declines in some areas and increases in others.
There’s beginning to be a shift within the Canadian Prairie feed market towards importing United States corn, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
A severe winter storm in the United States and a weakened greenback helped raise prices on the Chicago Board of Trade during the week ended Jan. 28, 2026.
Chicago grain and oilseed futures rose on Friday as severe cold in U.S. and other areas of the world raised fears about damage to crops and disruptions to processing plants.
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.
U.S. corn futures rose more than one per cent on Friday, paring some of this week’s steep declines, as exporters and domestic users stepped in to buy cash-market grain at discounted prices, analysts said.