Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.
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ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?

Canadian cattle, hog inventories post modest declines
Canadian cattle and hog inventories on January 1, 2025 were down compared to one year prior, Statistics Canada reported.

ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.

Canola stocks shrink, wheat nudges up
StatCan issues stock report
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.

Upswings in most December grain deliveries
Declines in rye, flax
Deliveries of major grains increased from December to December, according to data released by Statistics Canada on Jan. 29.

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

Pulse Weekly: Looking at price shifts in 2024
Production up for most Canadian pulses
Pulses in Canada had quite the year in 2024 with prices closing out the calendar year in the middle of their trading ranges. Production was higher on the year for most pulses. Dry pea output in Canada rose to just short of three million tonnes, up from the 2.61 million harvested in 2023, according to the Statistics Canada principal field crop report issued Dec. 5.

Canadian honey production down in 2024
Canadian honey production was down by 18 per cent in 2024 despite an increase in the number of beekeepers and colonies.

Canada posts sixth straight monthly trade deficit in August
Farm, fishing and intermediate food product exports rose
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.

Most Prairie farm product prices drop: StatCan
Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before, while cattle prices continued to rise, according to Statistics Canada's (StatCan) monthly farm product prices released on Sept. 10.