ICE Futures canola market traded within a wide range during the week ended Jan. 15, hitting its strongest levels since November at one point before backing away from those highs.
Canola
ICE canola weekly outlook: Outside forces supportive

Canadian canola exports surging in 2024/25
China top customer
Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.

China accelerates efforts to boost crop yields, ensure food security
China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ministry said in a statement late on Wednesday.

ICE Weekly: No news means no canola price movement
A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.

China rapeseed meal futures slide after Trudeau announces plans to resign
China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.

StatCan issues crush, delivery reports
Canola crush, deliveries step back in November
Statistics Canada published its crush and grain deliveries reports on Dec. 24.

AAFC adjusts monthly estimates, cites caution for canola exports
Impact of China's anti-dumping investigation unknown at this time
Agriculture and Agri-Food Canada adjusted its latest supply and demand estimates issued on Dec. 19. This followed the updated Statistics Canada figures from two weeks ago.

ICE canola weekly outlook: U.S. biofuel uncertainty weighs
The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.

Farm groups back away from Sustainable Agriculture Strategy
Organizations say they will no longer participate in strategy discussions, saying it does not align with producers' needs
Agriculture Canada says consultations on its Sustainable Agriculture Strategy will continue even after six major organizations withdrew from the advisory committee last week.

Climate change worries Canadian farmers: poll
Data shows east-west split over climate, cost and government concerns
A poll released Dec. 11 suggests that Canadian farmers worry more about the impacts of climate change than they do about input costs and market prices for canola, corn, wheat and cattle.