Reading Time: < 1 minute Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
Canadian spring wheat bids strengthen
Rising futures, weak loonie provide support
Reading Time: 2 minutes Hard red spring wheat bids in Western Canada moved higher during the week ended March 13, as gains in United States futures and weakness in the Canadian dollar countered the bearish influence of the trade uncertainty overhanging the markets.
Canadian canola crush hits record in 2024, but soybeans down
Canola crush up 8.1 per cent, soybeans down 11.6 per cent
Reading Time: < 1 minute Canadian oilseed processors crushed a record 11.37 million tonnes of canola in 2024, reported Statistics Canada. However, the Canadian soybean crush fell by 11.6 per cent in 2024 to 1.56 million tonnes.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Reading Time: 2 minutes Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
New Chinese tariffs “devastating” to Canadian ag sector
Ag groups decry latest trade action
Reading Time: 4 minutes A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.
New initiative to promote farmer mental health launched
Collaborative solutions wanted
Reading Time: 2 minutes The Canadian government is looking for new ways to help the mental health of farmers across the country — and has launched the Producer Mental Wellbeing Initiative (PMWI) to find "collaborative solutions that employ novel strategies" to do just that.
ICE canola weekly outlook: Politics in the forefront
Trade war weighs on canola prices
Reading Time: < 1 minute Canola contracts on the ICE Futures platform fell sharply lower in early March, as broad import tariffs in the United States went into effect and Canada announced its own retaliatory measures.
Spring flood risk low to moderate in Manitoba: Report
Outlook depends on spring weather
Reading Time: < 1 minute Most of Manitoba is at a low to moderate risk of spring flooding this year, according to the latest outlook from the province's Transportation and Infrastructure's Hydrologic Forecast Centre.
Net long position hits new record in canola futures
Funds put on new bullish bets, cover shorts
Reading Time: < 1 minute Heavy amounts of fund buying coupled with speculators covering short positions saw the net long position in canola futures hit a new record during the week ended Feb. 18.
AAFC adjusts grain/oilseed balance sheets slightly
Canola carryout revised higher, wheat down
Reading Time: 2 minutes Updated estimates from Agriculture and Agri-Food Canada, released Feb. 19, included only minor revisions to the supply and demand projections for the country’s major crop.
A message from April Stewart, Country Guide's Associate Editor
