GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading $5 to $6/tonne higher to start this morning. Nov canola futures rose $8.80/tonne in the last week ended Friday as a tentative bottoming process seems to be developing. Despite sluggish Canadian exports, canola s price discount to EU rapeseed remains […] Read more
AM Market Reports
AM Market Report – October 20, 2025
Prairie Weather
The weather pattern this morning should appear to be familiar as yet another low is pushing through the eastern Prairies. This is pushing rains into southern Manitoba and parts of northern Saskatchewan. The total amounts of rainfall from this system are expected to reach 10 to 25 mm over the next 24 hours. Dry weather […] Read more
AM Market Report – October 16, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are tipping $3/tonne lower this morning following two days of gains. Chicago soybeans are showing 2 to 3 cent/bu gains. Support in beans comes from a stronger-than-expected US soy crush pace and robust demand for soyoil. But the soy complex continues to […] Read more
Prairie Weather
The second major storm system in less than a week is beginning to push through the eastern Prairies this morning. This system is moving up from the Montana’s and the western Dakota’s and is already spreading into southern Manitoba. This system will bring a rain/snow mix to eastern Saskatchewan and Manitoba over the next three […] Read more
AM Market Report – October 15, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading steady to a modest $1/tonne higher to start this morning…still supported by weekend news of China offering to scrap import tariffs on Canadian canola should Ottawa remove its tariffs on Chinese EVs. US grain futures prices were weaker overnight. Grain […] Read more
AM Market Report – October 14, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading $1 to $2/tonne higher this morning coming out of the Canadian Thanksgiving long weekend…though now pulling back from overnight session highs. Canola futures did not trade a regular day session on Monday. The domestic canola pace continues strong, but the […] Read more
Prairie Weather
There are some light showers pushing through southwestern Saskatchewan this morning which should diminish by the afternoon. Prairie weather will feature a mostly cloudy week with chances of rainfall on most days. Another major low pressure system is expected to move into the eastern Prairies later this week (Thursday and Friday) which will bring substantial […] Read more
AM Market Report – October 9, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading very narrowly mixed this morning…less than $1/tonne either side of unchanged…interesting from the perspective of a fourth consecutive session of modest gains for the nearby contracts, but wide futures contract spreads and weak Prairie cash basis continue to suggest weak […] Read more
Prairie Weather
Clear conditions are present across the Prairie ‘s this morning with high pressure dominating the weather during the next few days. There will be two systems entering the Prairies on the weekend that will bring rains to northern and eastern regions. The first system will eject from the Rockies and push across southern Alberta. On Saturday […] Read more
AM Market Report – October 8, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures were trending slightly higher for most of the overnight session, but 90 minutes ago tipped slightly lower to now trade less than $1/tonne below yesterday s close. Chicago soybean futures are trading 1 to 3 cents/bu this morning…showing modest strength this week. […] Read more