Markets
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.
Markets
Canola market in an enviable position
Canola exports surpass projected amount as prices near $700 a tonne mark
Wheat price likely to remain weak unless corn shock occurs
Chances for a spring rally in wheat prices appear slim, and the best chance for changing that outlook might depend on another crop: corn.
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.
Crown corporation helps link exporters to markets
Export Development Canada has seen its business increase as exporters look for markets outside the United States and China
One Canadian business is thriving despite the tariff mayhem in the country’s top two export markets.
Brazil’s ethanol boom keeps more corn at home
Reduced exports from the South American country are expected to raise corn prices, which could also benefit barley growers
Brazil is consuming a lot more corn at home and will be less of a force in the export market in the years to come, says an analyst.
Chinese tariffs could mess with U.S. soybean plans
The fate of canola prices hangs in the balance as American growers decide how to react to 125 per cent tariffs imposed by China
Soybeans could be headed for a wild ride this growing season, says an analyst.
Overvalued loonie will pressure Canadian export economy
The Bank of Canada decided to leave interest rates unchanged on April 16, which brought an end to the series of interest rate reductions that began in 2024.
Ag markets find new trade levels following tariff shocks
Uncertainty caused by tariffs remains the dominant force in global markets, but the initial shock and price gyrations are settling down.
India big buyer of pulses this year
India’s pulse imports have exploded in 2024-25. Rahul Chauhan, analyst with IGrain India, is forecasting they may reach 6.71 million tonnes this year, a 52 per cent increase over last year.
Canaryseed sector expects more acres this year
Statistics Canada is forecasting 232,180 acres, a 20 per cent decrease from last year, but traders question the estimate’s accuracy
Canaryseed brokers and traders think acres this year will be larger than Statistics Canada is indicating.
