In something of a surprise, Statistics Canada lowered its projection for planted canola acres in 2025/26, with other oilseeds reaping some of the benefits. As well, StatCan adjusted its numbers for Canadian wheat.
1.
StatCan revises 2024/25 canola output
Stronger loonie adds more pressure
U.S. crop conditions, weaker loonie also raise prices
Durum narrowly mixed
Higher U.S. prices encourage stronger cash prices
Dryness lends support to wheat prices
StatCan releases grain stocks as of March 31 report
Most fields still have good soil moisture
Demand for U.S. corn, planted acres could change
Ottawa desk a pinch lower on harvested area