Canadian canola carryout stocks are forecast to rise to a record 5.300 million tonnes by the end of the 2019/20 (Aug/Jul) marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada's market analysis division. | File photo

Ag Canada predicts huge increase in canola ending stocks

Winnipeg – Canadian canola carryout stocks are forecast to rise to a record 5.300 million tonnes by the end of the 2019/20 (Aug/Jul) marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada’s market analysis division. While the agency expects total canola production to decline to 18.900 […] Read more

Canola, soybeans down; wheat mixed

Winnipeg – ICE Futures canola contracts settled lower on Friday, taking some direction from Chicago Board of Trade soybeans and soyoil. After largely ignoring sharp losses in the soy complex for most of the session, heavy selling came forward in canola in the final 15 minutes. Large old crop supplies and uncertainty over trade relations […] Read more

ICE canola futures moved higher during the week ended May 15, as a rally in the Chicago Board of Trade soy complex provided support. | File photo

ICE Canola Weekly: Canola looking for more support

Winnipeg, May 15 (MarketsFarm) – ICE canola futures moved higher during the week ended May 15, as a rally in the Chicago Board of Trade soy complex provided support. However, whether there’s more room or not to the upside remains to be seen. “It looks like we’ve maybe turned a corner,” said Wayne Palmer, senior […] Read more


Canola down slightly; wheat mixed

Winnipeg – ICE Futures canola contracts settled with small losses on Wednesday, after a volatile trading session that saw prices bounce around within a wide range. Speculative short-covering provided support for much of the day, with a lack of significant farmer selling on the other side also underpinning the futures as producers remain focused on […] Read more

Canola futures mixed; wheat makes gains

Winnipeg – ICE Futures canola contracts were mixed at Monday’s close, with the most active July contract seeing a late correction off of earlier losses. Losses in Chicago Board of Trade soybeans and soyoil put spillover pressure on the canola market for most of the day, as heightened trade tensions between China and the United […] Read more


Canada Western Red Spring wheat bids held relatively steady during the week ended May 10, as the Minneapolis futures managed to edge higher on the week despite losses in the Chicago and Kansas City winter wheat markets. | File photo

CWRS bids hold steady on Prairies, other classes drop

Winnipeg – Canada Western Red Spring wheat bids held relatively steady during the week ended May 10, as the Minneapolis futures managed to edge higher on the week despite losses in the Chicago and Kansas City winter wheat markets. Average Canadian Western Red Spring (13.5% CWRS) wheat prices were held within a dollar per tonne […] Read more

Tight old crop supplies may be keeping nearby barley bids underpinned in the Canadian Prairies, but expectations for increased acres in 2019 mean new crop bids are at a considerable discount. | File photo

Tale of two feed grain markets in Western Canada

Winnipeg – Tight old crop supplies may be keeping nearby barley bids underpinned in the Canadian Prairies, but expectations for increased acres in 2019 mean new crop bids are at a considerable discount. “It’s a tale of two markets right now,” said Glen Loyns, general manager of JGL Commodities in Moose Jaw, Sask. pointing to […] Read more

India remains a major wildcard in the background of the pulse market, as stiff import tariffs keep sales to the major pea and lentil buyer at a standstill. | File photo

Pulses steady in sea of uncertainty

Winnipeg – Every spring offers its own mystery of what the growing season will bring, and this year is no different for the Western Canadian pulse markets. However, while the unknowns are usually linked to the weather or acreage ideas, this year also presents extra challenges for the pulse sector. India remains a major wildcard […] Read more


The government agency pegged canola supplies in the country at the end of March at 10.019 million tonnes. That was up by 10.5 per cent from the previous year, and compares with the five-year average of 8.680 million tonnes. | File photo

Record large March Canadian canola stocks: report

Winnipeg – Canadian canola supplies as of March 31, 2019 of just over 10 million tonnes marked a new record for the date, according to the latest stocks of principal field crops report from Statistics Canada, released May 7. The government agency pegged canola supplies in the country at the end of March at 10.019 […] Read more

While quality concerns have been cited by China as the main reason for stopping Canadian canola purchases, industry participants generally believe the more likely scenario was that canola was caught in the middle of a political dispute between the two countries, stemming from Canada's detainment of Huawei executive Meng Wanzhou on behalf of the United States. | File photo

Canada ‘playing chess’ on canola file

Winnipeg – Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with Minister of International Trade Diversification Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue. […] Read more