Expect canola futures to fall back in the coming months, said analyst Jerry Klassen of Resilient Capital in Winnipeg. Klassen pointed to the Statistics Canada production update and China as two reasons for the coming declines.
Tag Archives Oilseeds
ICE Canada Weekly: More declines on horizon for canola
Alberta harvest just ahead of average pace
The harvesting of all crops in Alberta reached 42 per cent complete as of Sept. 9, compared to the five-year average of 40 per cent. The provincial agriculture department noted combing was highlighted by little or no rain.
Manitoba farmers focused on harvesting
Combining in Manitoba advanced 11 points during the week ended Sept. 9, which brought the harvest to 40 per cent complete provincewide, Manitoba Agriculture reported.
StatCan stocks report sees drops in canola, wheat
Ending stocks of canola and wheat contracted significantly on the year, Statistics Canada said in its grains stocks report released on Sept. 9.
Good weather for Alberta harvest
Heat, dryness take a toll on moisture levels
With hot and dry conditions the Alberta harvest is now in full swing, advancing 14 points to 22 per cent complete, the provincial agriculture department reported on Sept. 5. Combining was one point up compared to its five-average.
Saskatchewan harvest advances, but behind five-year pace
Lack of rain spurs progress
Saskatchewan farmers advanced their harvest 11 points during the week ended Sept. 1, bringing it to 23 per cent complete. However, that’s still 17 points behind the five-year average despite dry conditions throughout most of the province.
ICE Canada Weekly: Canola looking at C$580
‘Lack of bullishness’ says trader
Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
Saskatchewan harvest lags behind
Wet weather limits progress in some areas
At 12 per cent complete as of Aug. 25, harvest progress in Saskatchewan was well behind the five-year average of 25 per cent finished, the provincial agriculture department reported. Rain and thunderstorms hampered harvesting in some areas of Saskatchewan.
More canola, a bit less wheat in 2025/26 says StatCan
Mixed projections for other cereals, oilseed, pulses
Canadian farmers are forecast to harvest more canola in 2025/26, while there’s to be less wheat, Statistics Canada said in its crop production report on Aug. 28.
2025/26 canola production jumps nearly 13 per cent
AAFC issues August S/D report
There were sharp changes in Agriculture and Agri-Food Canada’s estimates for the 2025/26 canola crop when it came to production and ending stocks. AAFC has now pegged canola output at 20.10 million tonnes, up 12.9 per cent from its July forecast. Also, the oilseed’s carryout was doubled from last month to now 2.20 million tonnes.
Canadian Cattlemen Presents: Depth of Field
