Canola futures rose Thursday, with the price rising to ration tight supplies and encourage farmers to unlock bin doors.
The delays in Canadian seeding might push harvest back, meaning buyers might have to rely on old crop supplies longer than expected.
May canola closed at $634.90 up $8.40. November closed at $560.20, up $1.70.
Much warmer weather is expected for the Prairies next week.
New crop futures rose more modestly as analysts speculate that the slow start to seeding might push some U.S. corn acres into faster maturing soybeans.
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Prairie Wheat Weekly: Western Canadian bids slightly decline
The ongoing Prairie wheat harvest and a stronger Canadian dollar caused Western Canadian wheat bids to decline during the week ended Sept. 19, 2025.
Soybeans rose on new delays in Brazil’s soybean export campaign leading to expectation that buyers will continue to turn to the U.S. for some supply.
Wheat was supported by good weekly U.S. exports and concerns that temperatures of about -4C Wednesday and Thursday morning might have cause additional damage to hard red winter wheat in the U.S.
Corn fell on profit taking and unwinding of bull spreads, where traders bought nearby contracts and sold new crop contracts. Reuters reports that some traders reversed that position on Thursday.
The area affected by severe drought in the U.S. continues to contract thanks to spring rain and snowstorms. The top grain state of Iowa last week recorded its wettest week since June 2010 as almost three inches of precipitation fell.
Cold wet weather is delaying seeding of China’s corn crop.
Bloomberg news quotes research firm Shanghai JC Intelligence Co. saying that feed demand from China’s poultry industry may slump 20 percent in the second quarter from a year earlier after an outbreak of bird flu.
Poultry-product sales have dropped almost 70 percent since the end of March as government asked its citizens to avoid contact with live animals, Bloomberg said.
Winnipeg ICE Futures Canada dollars per tonne
Canola May 2013Â Â Â Â Â Â 634.90Â Â Â Â Â Â +8.40Â Â Â Â Â Â +1.34%
Canola Jul 2013Â Â Â Â Â Â 620.60Â Â Â Â Â Â +6.50Â Â Â Â Â Â +1.06%
Canola Nov 2013Â Â Â Â Â Â 560.20Â Â Â Â Â Â +1.70Â Â Â Â Â Â +0.30%
Canola Jan 2014Â Â Â Â Â Â 560.10Â Â Â Â Â Â +2.00Â Â Â Â Â Â +0.36%
Canola Mar 2014Â Â Â Â Â Â 555.10Â Â Â Â Â Â +2.30Â Â Â Â Â Â +0.42%
Milling Wheat May 2013      292.00      unch      0.00%
Milling Wheat Jul 2013      294.00      unch      0.00%
Milling Wheat Oct 2013      294.00      unch      0.00%
Durum Wheat May 2013      310.80      unch      0.00%
Durum Wheat Jul 2013      313.80      unch      0.00%
Durum Wheat Oct 2013      299.10      unch      0.00%
Barley May 2013      243.50      unch      0.00%
Barley Jul 2013      244.00      unch      0.00%
Barley Oct 2013Â Â Â Â Â Â 194.00Â Â Â Â Â Â -10.00Â Â Â Â Â Â -4.90%
American crop prices in cents US/bushel, soybean meal in $US/short ton, soy oil in cents US/pound
Chicago
Soybeans May 2013Â Â Â Â Â Â 1430.5Â Â Â Â Â Â +8.25Â Â Â Â Â Â +0.58%
Soybeans Jul 2013Â Â Â Â Â Â 1390Â Â Â Â Â Â +10Â Â Â Â Â Â +0.72%
Soybeans Aug 2013Â Â Â Â Â Â 1339Â Â Â Â Â Â +7.25Â Â Â Â Â Â +0.54%
Soybeans Sep 2013Â Â Â Â Â Â 1268.25Â Â Â Â Â Â +6.25Â Â Â Â Â Â +0.50%
Soybeans Nov 2013Â Â Â Â Â Â 1223.5Â Â Â Â Â Â +5.5Â Â Â Â Â Â +0.45%
Soybeans Jan 2014Â Â Â Â Â Â 1231Â Â Â Â Â Â +5.5Â Â Â Â Â Â +0.45%
Soybean Meal May 2013Â Â Â Â Â Â 411Â Â Â Â Â Â +3.7Â Â Â Â Â Â +0.91%
Soybean Meal Jul 2013Â Â Â Â Â Â 403.1Â Â Â Â Â Â +3.8Â Â Â Â Â Â +0.95%
Soybean Meal Aug 2013Â Â Â Â Â Â 382.4Â Â Â Â Â Â +1.6Â Â Â Â Â Â +0.42%
Soybean Oil May 2013Â Â Â Â Â Â 49.66Â Â Â Â Â Â +0.27Â Â Â Â Â Â +0.55%
Soybean Oil Jul 2013Â Â Â Â Â Â 49.66Â Â Â Â Â Â +0.22Â Â Â Â Â Â +0.44%
Soybean Oil Aug 2013Â Â Â Â Â Â 49.52Â Â Â Â Â Â +0.17Â Â Â Â Â Â +0.34%
Corn May 2013Â Â Â Â Â Â 644.5Â Â Â Â Â Â -16Â Â Â Â Â Â -2.42%
Corn Jul 2013Â Â Â Â Â Â 629.75Â Â Â Â Â Â -11.5Â Â Â Â Â Â -1.79%
Corn Sep 2013Â Â Â Â Â Â 566.75Â Â Â Â Â Â -7.25Â Â Â Â Â Â -1.26%
Corn Dec 2013Â Â Â Â Â Â 541.25Â Â Â Â Â Â -6.0Â Â Â Â Â Â -1.10%
Corn Mar 2014Â Â Â Â Â Â 551.75Â Â Â Â Â Â -5.5Â Â Â Â Â Â -0.99%
Oats May 2013Â Â Â Â Â Â 388.5Â Â Â Â Â Â +2Â Â Â Â Â Â +0.52%
Oats Jul 2013Â Â Â Â Â Â 379.25Â Â Â Â Â Â +1.25Â Â Â Â Â Â +0.33%
Oats Sep 2013      369.25      unch      0.00%
Oats Dec 2013      365.5      unch      0.00%
Oats Mar 2014Â Â Â Â Â Â 370Â Â Â Â Â Â +2.75Â Â Â Â Â Â +0.75%
Chicago soft red winter
Wheat May 2013Â Â Â Â Â Â 702.75Â Â Â Â Â Â -1.0Â Â Â Â Â Â -0.14%
Wheat Jul 2013Â Â Â Â Â Â 706.75Â Â Â Â Â Â -0.5Â Â Â Â Â Â -0.07%
Wheat Sep 2013      713.75      unch      0.00%
Wheat Dec 2013      727.5      unch      0.00%
Wheat Mar 2014Â Â Â Â Â Â 740.5Â Â Â Â Â Â -0.5Â Â Â Â Â Â -0.07%
Minneapolis hard red winter
Spring Wheat May 2013Â Â Â Â Â Â 817.75Â Â Â Â Â Â +9.5Â Â Â Â Â Â +1.18%
Spring Wheat Jul 2013Â Â Â Â Â Â 802.25Â Â Â Â Â Â +3.5Â Â Â Â Â Â +0.44%
Spring Wheat Sep 2013Â Â Â Â Â Â 795.75Â Â Â Â Â Â +1.25Â Â Â Â Â Â +0.16%
Spring Wheat Dec 2013Â Â Â Â Â Â 804Â Â Â Â Â Â +1.25Â Â Â Â Â Â +0.16%
Spring Wheat Mar 2014Â Â Â Â Â Â 817.75Â Â Â Â Â Â +1.5Â Â Â Â Â Â +0.18%
Kansas City hard red winter
KCBT Red Wheat May 2013Â Â Â Â Â Â 743.75Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.24%
KCBT Red Wheat Jul 2013Â Â Â Â Â Â 749Â Â Â Â Â Â +1.5Â Â Â Â Â Â +0.20%
KCBT Red Wheat Sep 2013Â Â Â Â Â Â 760.75Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.23%
KCBT Red Wheat Dec 2013Â Â Â Â Â Â 777.75Â Â Â Â Â Â +2.5Â Â Â Â Â Â +0.32%
KCBT Red Wheat Mar 2014Â Â Â Â Â Â 790.75Â Â Â Â Â Â +2.5Â Â Â Â Â Â +0.32%
Light crude oil nearby futures in New York rose $1.05 at $87.73 US per barrel.
The Bank of Canada noon rate for the loonie was 97.51 cents U.S., up slightly from 97.45 on Wednesday. The U.S. buck was $1.0255 Cdn.
In early tallies —
The Toronto Stock Exchange’s S&P/TSX composite index closed up 49.40 points or 0.41 percent at 11,996.69
The Dow Jones industrial average slid 81.37 points, or 0.56 percent, to end at 14,537.22.
The Standard & Poor’s 500 Index dropped 10.39 points, or 0.67 percent, to finish at 1,541.62.
The Nasdaq Composite Index lost 38.31 points, or 1.20 percent, to close at 3,166.36.
