Reading Time: 2 minutes Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.
Daily news
ICE Weekly: Trade waits for canola to break out
Advance Payments Program interest free limit set at $250,000 for 2026
Reading Time: < 1 minute The interest-free limit for non-canola advances under the federally-funded Advance Payments Program in 2026 is set at $250,000.
McCormick bets on flavor in $65 billion Unilever merger
Reading Time: 2 minutes McCormick’s merger with Unilever’s food business to create a US$65 billion sauce-and-spice giant is a bet that access to rising global demand for flavor-rich, healthier food can help counter a maturing U.S. market.
Prairie Wheat Weekly: Good increases for wheat, while durum nudges up
Reading Time: 2 minutes Cash prices for Western Canadian wheat and durum were stronger during the week ended March 31, pushed higher by large gains in the United States wheat complex.
Prairie forecast: Cooler than average temperatures expected to continue
Reading Time: 3 minutes While temperatures will gradually trend upward as the Prairies move into spring, the overall cooler-than-average pattern remains firmly in place. Current indications suggest this will persist for at least the next 7 to 10 days.
Transport, trade, labour top of mind for new Grain Growers of Canada executive director
Reading Time: 3 minutes New Grain Growers of Canada executive director says his top priorities include trade, labour and national recognition for grains sector.
Food and beverage sales growth, volume decline predicted for 2026
FCC’s report suggests higher prices, not consumption, will drive growth in total sales
Reading Time: 3 minutes Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers
CBOT Weekly: USDA predicts declines in planting intentions
Reading Time: 2 minutes Declines in projected planting intentions for 2026/27 were not as big as the market expected, after the United States Department of Agriculture released its estimates on March 31. The USDA also issued its quarterly grain stocks report with stocks for soybeans bigger than anticipated, while those for corn were smaller and wheat virtually matched the average trade guess.
Protein Industries Canada funds Saskatchewan pulse ingredient project
Reading Time: < 1 minute Pulse processor AGT Foods and Saskatoon-based protein cookie maker Sweet Nutrition will team up to develop improved pulse ingredients with a funding boost from Protein Industries Canada
February canola crush up from 2025, StatCan reports
Reading Time: < 1 minute More canola was crushed in February than a year ago, Statistics Canada reported on March 31. StatCan pegged last month’s domestic crush at 951,353 tonnes, up about 7.8 per cent from February 2025.