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.
ICE Weekly: Trade progress, new data threaten to break canola’s price range
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.
ICE Canada Weekly: Canola could climb higher through to spring
Reading Time: < 1 minute With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
Sigurdson applauds Alberta farmers
Reading Time: < 1 minute With Alberta’s harvest virtually wrapped up for 2025, provincial Agriculture Minister RJ Sigurdson offered the government’s congratulations to the province’s farmers.
Most of Manitoba harvest wraps up for 2025
Reading Time: 1 minute Manitoba Agriculture issued its final crop report of 2025, showing the overall provincewide harvest at 97 per cent complete as of Oct. 20. Nearly all major crops have finished combining, with 37 per cent of Manitoba’s sunflowers finished, plus 71 per cent of grain corn and small amounts of soybeans and potatoes left to do.
New opportunities for Canadian goods in Mexico
Reading Time: 2 minutes Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
ICE Weekly: No upside for canola if China situation continues: trader
Reading Time: 2 minutes Tony Tryhuk of RBC Dominion Securities said canola should stay rangebound if Canada’s trade war with China continues.
ICE canola weekly outlook: Off lows, but sideways trade likely
Reading Time: < 1 minute Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
ICE Canada Weekly: Canola poised to slip below C$600/tonne
Reading Time: < 1 minute Look for November canola to slip below C$600 per tonne by the end of Thanksgiving week, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.