Last year’s canola crop was 19.24 million tonnes, according to the latest revision included in Statistics Canada’s end of crop year stocks report released Sept. 9.
Tag Archives canola market
Canada’s canola supply grows tighter
Analysts say Agriculture Canada may have to cut its ending canola stocks estimate in half in response to booming exports
It is highly unusual to see a red number in the sea of black on Agriculture Canada’s monthly Grains and Oilseeds Supply and Disposition report.
Canola weighing its place in U.S. biofuel future
Where canola hopes stand on the U.S. biofuel market and whether Canadian crops will or will not benefit
Where canola hopes stand on the U.S. biofuel market and whether Canadian crops will or will not benefit.
Tightening old crop supplies play role in canola futures
Canola futures traded at their highest levels in 18 months in early May, but the market also showed signs of running into resistance.
Tariff threats endanger Canada’s largest canola market
Tariff threats against Canada have potential to be more damaging to the canola industry here than China’s past actions.
Looking at market year by the numbers can reveal trends
A technical chart tells a story. It provides a map of what happened and hints about what may come. Canola There were certainly twists and turns to the canola trade in 2024. However, the path meandered in a sideways range and the market never actually went anywhere, finishing 2024 not far from where it started […] Read more
Large soybean crop keeps lid on canola prices
Statistics Canada recently lowered its canola estimate, which should support prices, but futures values continue to fall
The fundamentals in the canola market are positive, but the futures market continues to struggle. After a brief rally due to the Statistics Canada report in the first week of December, the canola market has peaked and is now moving down back toward the recent contract lows. Oilseed fundamentals remain conflicted with record soybean production […] Read more
Smaller canola crop raises price and rationing questions
A disappointing canola harvest is in the bin, judging by the November Statistics Canada crop survey released last week, setting up a potential supply squeeze later this crop year. However, with the Chinese anti-dumping investigation hanging over the market as well as the many worries associated with the incoming Trump administration, it is impossible to […] Read more
‘It feels like a different game’
SASKATOON — Mike Jubinville spent a portion of his weekend poring over his canola supply and demand balance sheet. “To be honest with you, I was starting to feel pretty optimistic about canola,” he said. Related stories: The numbers indicated there would be extended periods of 2024-25 where the market would need to ration supplies, […] Read more
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement has an immediate affect on prices, but market access not seen as major worry
China’s shot across Canada’s bows is splashing alarmingly close to U.S. farmers. “We’re in the same boat,” said Barry Coleman, executive director of the Northern Canola Growers Association. “It’s not a situation where the Canadian grower is getting less than the U.S. grower. They’re both affected the same.” Canadian canola futures on the ICE exchange […] Read more
