Reading Time: < 1 minute There are grim prospects for canola prices as the New Year approaches said Winnipeg-based trader and farmer Bill Craddock.
ICE Canada Weekly: Canola a “tough market”
Ukraine increases rapeseed, soybeans processing as sunflower crop falls, analyst says
Reading Time: 2 minutes A sharp drop in the sunflower seed crop in 2025 combined with the introduction of export duties on oilseeds will lead to a surge in domestic processing of rapeseed and soybeans, the volume of which may exceed exports, said an analyst.
ICE Weekly: Trade expects larger StatCan canola estimate
Reading Time: 2 minutes Canola’s sharp drop on Dec. 3 could be the beginning as the trade anticipates a larger canola production estimate from Statistics Canada on Dec. 4.
Calling for bigger crops ahead of StatCan report
Reading Time: 2 minutes Statistics Canada will release its first survey-based production estimates for the 2025/26 crop year on Dec. 4, with general expectations for upward revisions to most major crops from the model-based estimates in September. However, as StatCan has shown a tendency to underestimate production in its December reports, many analysts expect actual production may be revised upward in subsequent reports.
AAFC makes few changes to November S/D report
Reading Time: < 1 minute Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.
Funds held large net short in canola before U.S. shutdown
Reading Time: < 1 minute Speculative fund traders were adding to a recently-established net short position in canola at the end of September, said the first Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) since the end of the U.S. federal government shutdown.
ICE Canada Weekly: Canola likely to remain rangebound
Reading Time: < 1 minute Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
ICE Weekly: Trade progress, new data threaten to break canola’s price range
Reading Time: 2 minutes Canola futures could be affected by trade progress between Canada and China as well as the USDA’s November supply and demand estimates.
Notable changes in exports to China, India
Reading Time: 2 minutes China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
ICE canola weekly outlook: Market rangebound
Reading Time: < 1 minute ICE canola futures saw some wide price swings during the week ended Nov. 5, although the market remains stuck in a sideways range overall.