Canola prices were on the rise for the week ended June 11 as depleted stocks and dry weather gave the markets a lift.
Markets

ICE Weekly: Low stocks, dry weather raising canola prices
Upcoming rains could pull prices back

CBOT Weekly: ‘Not looking for any fireworks’ in June WASDE
Report unlikely to have notable changes
Do not expect any major changes in the June supply and demand report from the United States Department of Agriculture, said Terry Reilly, senior agricultural specialist for Marex.

Weather less than ideal in many wheat-growing regions
Weather issues are throwing into question forecasts for a record large global wheat crop this year, but wheat futures markets remain cautious.

U.S. grains: Wheat futures sag on crop rating boost; corn, soybeans firm
Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.

U.S. livestock: Feeders rise; live cattle, lean hogs mixed
Chicago feeder cattle futures continue to push upward on Tuesday while live cattle and lean hogs ended mixed.

Flax retaining May gains
StatCan projects smallest planted area in 76 years
Flax prices continue to ride the upswing the oilseed experienced in May, said Scott Shiels, grain procurement manager for Grain Millers Canada in Yorkton, Sask.

Pulse weekly: Canadian pea exports up in April
China the largest destination despite tariffs
Canadian pea exports were up in April, with China the largest destination despite new trade barriers, according to the latest Statistics Canada data.

Klassen: Stronger fed cattle markets lifts feeder complex
For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.

U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.

U.S. livestock: Cattle extend record highs
Chicago cattle futures extended record highs on Monday while lean hogs also saw gains.