“If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” said Drew Lerner, president of World Weather Inc., at Manitoba Ag Days in Brandon.
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Favourable growing conditions in forecast

BRANDON — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed in 2020. “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” said Drew Lerner, president of World Weather Inc., at Manitoba Ag […] Read more

Protein demand expected to increase this year

BRANDON — Demand for both Canadian plant and animal-based protein is likely to increase in the coming year. Since 2017, pea protein demand has increased by about 13 percent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Manitoba Ag Days in Brandon. During the same time period, demand for canola protein increased […] Read more

Coronavirus outbreak spooks markets; canola drops below supports

WINNIPEG,(MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts ended lower on Thursday, breaking through past support to the downside. The World Health Organization has declared the coronavirus outbreak in China to be an international public health emergency. The rapidly-spreading virus has spooked financial markets. The skittish mood has spilled over into commodity prices. A weaker […] Read more


Canola futures fairly steady on trading

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts ended steady to lower on Wednesday, retreating from gains earlier in the trading session. Rebounding prices for Malaysian palm oil and soyoil on the Chicago Board of Trade provided some support to canola values. Relative weakness to the Canadian dollar also gave canola boost, but it […] Read more

Canola futures rebound, but indications of high carryout

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Tuesday, recovering slightly after sharp losses incurred yesterday. One trader noted that spreading activity indicated that there is a large amount of canola in the system, with the widening July/November suggesting that there will be high carryout from the 2019 growing season. Rebounding […] Read more


Canola futures drop with financial markets

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, as the outbreak of a coronavirus in China hampered financial markets by calling future demand needs into question. The trader noted that although canola values dropped significantly, canola is doing rather well compared to United States markets. But canola “can’t resist being […] Read more

Higher canola supported by stronger crush margins, trader says

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished mostly higher on Wednesday, following pricing trends set earlier in the week. One Winnipeg-based trader said canola is supported by strong crush margins. Although China’s Vice Premier will be in Washington next week to sign phase one of the U.S./China trade deal, there is no […] Read more

Canola futures well supported: trader

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished mostly higher on Wednesday, carrying on with pricing trends set earlier in the week. One Winnipeg-based trader said prices are well-supported, and have the potential to go higher. Some producers have opted to slow down on selling in anticipation of higher prices. A weaker Canadian […] Read more


Canola rebounds on weaker dollar

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Tuesday, making up for losses incurred during the previous trading session. A weaker Canadian dollar was supportive of canola prices. At midday, the dollar slipped just below 77 U.S. cents, due to a comparably stronger U.S. dollar and weakness in crude oil values. […] Read more

Canola futures drop, but show resilience

WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished in the red on Monday after initially starting the day stronger. One trader said canola prices had “shown some resilience” given the strong Canadian dollar and lower soyoil prices on the Chicago Board of Trade. High crush margins had encouraged buying, which supported values. However, […] Read more