Canadian canola exporters have faced problems selling into China for the past few months, as they found themselves in the middle of a diplomatic dispute between the two countries. | File photo

ICE Canola Weekly: China worries keep market trending down

Winnipeg – Canola futures on the ICE Futures U.S. platform dropped sharply during the week ended March 6, hitting their lowest levels in two-and-a-half years. Concerns over declining Chinese demand sparked the latest selloff in canola amid news that the major canola buying country had blocked shipments from Canada’s Richardson International. Canadian canola exporters have […] Read more

Canola futures lowest in a month

Winnipeg, (MarketsFarm) – The ICE Futures canola market moved lower on Wednesday, hitting their lowest levels in over a month as bearish technical signals and heightened concerns over Chinese trade weighed on values. China has now banned all imports of Canadian pork and beef, as the diplomatic dispute between the two countries shows no signs […] Read more

The planted Canadian canola area for 2019/20 (Aug/July) was pegged at 20.952 million acres by the government agency, which was down by about 300,000 acres from the March survey and well below the 22.813 million seeded the previous year. | File photo

Less canola and durum, more barley and oats in Canada

Winnipeg – Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. The planted Canadian canola area for 2019/20 (Aug/July) was pegged at 20.952 million acres by the government agency, which was down by about […] Read more


Canola futures drop sharply

Winnipeg (MarketsFarm) – The ICE Futures canola market was down sharply on Tuesday, breaking below nearby chart support as speculators turned to the sell side. Recent rainfall across Western Canada accounted for some of the selling pressure, as dryness concerns have alleviated somewhat. Losses in Chicago Board of Trade soybeans and soyoil also weighed on […] Read more

Canola futures weaker after rains

Winnipeg, (MarketsFarm) – The ICE Futures canola market was weaker on Monday, as rains across the Prairies over the weekend had speculators taking some of the weather premium out of the market. Large old crop supplies and the ongoing trade dispute with China also continued to weigh on values, according to participants. Positioning ahead of […] Read more


With the rain in Southern Manitoba,

Weekly Manitoba cattle report

Winnipeg – Rain showers across much of the province during the week ended June 21 helped take some of the edge off the cattle markets, as concerns over dry pastures dissipated slightly. With the rain in Southern Manitoba, “our numbers were probably down by 30 to 40 percent from the previous week,” said Robin Hill, […] Read more

Corn and soybean futures at the Chicago Board of Trade may have run into some profit-taking resistance, but underlying concerns over wet fields and lost acres should keep the general uptrend in place heading through the summer. | File photo

Bullish Midwest weather story not over for corn and soybeans

Winnipeg, June 19 (MarketsFarm) – Corn and soybean futures at the Chicago Board of Trade may have run into some profit-taking resistance, but underlying concerns over wet fields and lost acres should keep the general uptrend in place heading through the summer. “I don’t think this weather story is anywhere near over,” said Preston Zacharias, […] Read more

Canola futures up in heavy trade, but confusion rules

WINNIPEG – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, in a heavy volume of trade. “Big volumes, big spread. The market doesn’t know which way to go,” commented a Winnipeg-based analyst. The lack of significant rainfall on the Prairies wasn’t enough to help crops. Meanwhile in the United States, there was a […] Read more


Canola futures mixed; wheat up

Winnipeg – The ICE Futures canola market was mixed on Thursday, with losses in the nearby July contract but gains in the more deferred positions as persistent Prairie dryness concerns and excessive moisture in the United States provided support. The latest weekly crop report from Saskatchewan, released Thursday morning, showed topsoil moisture in the province […] Read more

Prices are generally topping out in the C$3.90 per bushel area in Manitoba, C$3.50 in Saskatchewan, and C$3.99 in Alberta, according to Prairie Ag Hotwire data. New crop bids range from around C$2.70 to C$3.30 across the Prairie provinces. | File photo

Oats market solid, watching weather

Winnipeg – Tight old crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new crop production. “It’s tough to find old crop demand currently, as many larger scale end users are covered,” said Ryan McKnight, of Linear Grain […] Read more