Markets
Reading Time: < 1 minute Jamie Wilton, trader for RJ O’Brien in Winnipeg, said he and the canola trade is watching and waiting while Prime Minister Mark Carney visits China this week.
ICE Weekly: All eyes on Carney in China
CBOT Weekly: Expect sideways trading for now
Reading Time: 2 minutes Look for trading of soybeans, corn and wheat at the Chicago Board of Trade remain sideways for the balance of January, perhaps longer, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill.
North American Grain/Oilseed Review: Canola pulls back, U.S. grains higher
Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange returned to the red on Wednesday, receiving little support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains due to inflamed tensions in Iran. Canadian Prime Minister Mark Carney landed in China earlier today for […] Read more
ICE Midday: Canola takes a step back
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Wednesday trading amidst a weaker Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was relatively steady, while European rapeseed and Malaysian palm oil were down. Crude oil made gains as tensions escalate in Iran. Canadian Prime Minister […] Read more
FranceAgriMer cuts non-EU wheat export forecast and raises EU shipments
Reading Time: < 1 minute Farm office FranceAgriMer on Wednesday cut its forecast for French soft wheat exports outside the European Union in 2025/26, to 7.50 million metric tons from 7.60 million expected last month, but still more than double the volume shipped in 2024/25.
Prairie CWRS wheat bids firm to start 2026
Reading Time: < 1 minute Canada Western Red Spring wheat bids moved higher in early January, as support from a weaker Canadian dollar countered the bearish influence of small declines for spring wheat futures in the United States.
Canadian dollar and business outlook
Reading Time: < 1 minute Glacier FarmMedia — The Canadian dollar was holding relatively steady Wednesday morning. At 9:07 a.m. CST the Canadian dollar was trading at US$0.7200 or US$1=C$1.3889 which compares with Tuesday’s close of US$0.7201 or US$1=C$1.3886. Canadian Prime Minister Mark Carney is in China this week, with trade expected to be a key topic of discussion. Carney’s […] Read more
Global Markets: Carney lands in China
Reading Time: 2 minutes Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Mark Carney arrived in China on Wednesday, becoming the first Canadian prime minister to visit the country in eight years. Carney will meet with senior Chinese officials on Thursday before a Friday meeting […] Read more
ICE Canada Morning Comment: Canola continues higher Wednesday
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures tacked on modest gains Wednesday morning, adding to Tuesday’s sharp increases. Support for canola came from upticks in the Chicago soy complex, while slight declines in MATIF rapeseed and Malaysian palm oil limited the upswing. Higher crude oil prices underpinned the vegetable oils. Canadian Prime […] Read more
Large gap in canola ending stocks between AAFC, USDA
Reading Time: 2 minutes There’s a 760,000-tonne difference in the ending stocks for Canada’s 2025/26 canola crop respectively estimated by Agriculture and Agri-Food Canada and the United States Department of Agriculture. Aside from that, the canola data from AAFC and the USDA remain quite similar.
A message from April Stewart, Country Guide's Associate Editor
