Canola futures fairly steady even with bigger crop estimate

Crop futures drifted a little lower on Friday, given the dominant market sentiment that supplies of the major grain and oilseeds are ample. But even while Statistics Canada this week increased its estimate of the canola crop by eight percent to 21.3 million tonnes compared to September estimate, canola futures have barely budged over the […] Read more


Canola drifts lower, weighed down by falling soy

Strong weekly U.S. soybean exports Thursday were not enough to stop the oilseed’s contract falling, which dragged down canola. Soybeans fell a little more than one percent mostly on profit taking and canola was down 0.4 percent. Statistics Canada increased most of its crop forecasts in Wednesday’s report, which weighed on canola and wheat. StatsCan […] Read more


Canola futures hang on even as crop gets larger

The Statistics Canada canola crop number today was bigger than expected, but the January contract price dropped less than $2 a tonne. Spring wheat futures dropped a little more on a percentage basis but U..S. crop markets were under pressure along with all commodities. TO SEE THE FULL STATSCAN STORY CLICK HERE Commodities on U.S. […] Read more



VIDEO: Canada’s agricultural markets update – December 6, 2017

D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts a market video about crops. The video is designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered.


Canola rises again on dry Argentina

Canola futures rose Tuesday with continuing support from soybeans, that were lifted by concern about dry weather in Argentina. January soybeans rose to close above US$10 a bushel for the first time since Oct. 16. Traders in Canada were waiting in anticipation for Statistics Canada’s final crop report of the year issued tomorrow morning. Watch […] Read more



Canola falls one percent on the week, loonie rallies

Canola futures fell Friday, mostly because of a strong gain in the Canadian dollar following a better than expected monthly jobs report. January canola closed down $3.50 at $506.10 For the week, the January contract fell $4.90 or about one percent. The soybean complex rose today on concern about a forecast for dry weather in […] Read more


Canola futures drift lower Thursday

Canola futures continued to trade in a narrow range on Thursday as the trade expects Statistics Canada will make only a modest increase in its canola production estimate next week. The U.S. Environmental Protection Agency issued its biofuel targets today. The targets are mostly unchanged from the original plan, but at one point recently the […] Read more


Canadian processors strangely quiet on online grocery opportunities

It appears consumers around the world are increasingly turning to online venues to do their shopping. The headlines out of the United States about the big Black Friday retail push this past weekend emphasized the growing market share of online retail. Groceries are not excluded from this trend, and major food companies are starting to […] Read more



VIDEO: Canada’s agricultural markets update – November 29, 2017

D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts a market video about crops. The video is designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered.