China was the top buyer of Canadian wheat in 2023-24, but sales to that key market have plummeted this year. Photo: File

Wheat exports survive China pull-back

China significantly reduced its imports from all exporters this year, but Canadian sales to other customers remain strong

China was the top buyer of Canadian wheat in 2023-24, but sales to that key market have plummeted this year.





A not-quite-ripe crop of wheat near Stockholm, Sask.

Funds’ bearish position keeps lid on wheat price

Money managed funds were net short 163,135 contracts in April, indicating their belief that wheat remains overvalued

The main driver of the drop in wheat prices has been a long-term bearish position in wheat by the managed money funds.


A canola crop in full bloom.

Canola market in an enviable position

Canola exports surpass projected amount as prices near $700 a tonne mark

Old crop canola futures spiked on April 24, which put the oilseed’s July contract in a good position to climb above C$700 per tonne.


Close-up of water splashing as a mooring line is pulled taught by unseen crew on a large ship at port.

Fears of higher shipping rates remain in U.S.

Canadian agricultural exporters welcome the prospect of one of their main competitors facing higher transportation fees

American agriculture officials are still trying to sort out the ramifications of new shipping fees, but the consensus is that they’re bad for business.