Insights and Stories on Canada

July canola crush sets new records

Aug. 24, 2023 at 6:36 pm CDT

MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. […]

U.S. escalates Mexico corn trade spat with dispute panel request

Aug. 17, 2023 at 4:31 pm CDT

By David Lawder

Pilot plan to cut red tape for reliable TFW employers

Aug. 16, 2023 at 7:23 pm CDT

By Dave Bedard

Pulse weekly outlook: Chickpea market neither bullish nor bearish

Aug. 15, 2023 at 4:27 pm CDT

By Phil Franz-Warkentin

Canada’s record-setting wildfires could persist for rest of ‘marathon’ summer

Aug. 11, 2023 at 8:13 pm CDT

By Ismail Shakil

ICE weekly outlook: canola market heading towards choppy waters

Jul. 26, 2023 at 4:48 pm CDT

Marketsfarm – While the recent gains in canola on the Intercontinental Exchange were likely generated by the spreaders, the market will probably become choppy, according to Ken Ball, trader with PI Financial in Winnipeg, Man. “Spreaders for the last few days have been selling canola and buying soyoil,” Ball suggested […]

By Glen Hallick - MarketsFarm

ICE weekly outlook: C$900 per tonne in reach for canola

Jul. 19, 2023 at 4:48 pm CDT

MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise. The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 […]

By Adam Peleshaty

ICE weekly outlook: Canola climbs on weather worries

Jul. 12, 2023 at 3:51 pm CDT

MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production uncertainty across the Prairies provided support. A bearish reaction in the Chicago soy complex to the latest supply/demand estimates (WASDE) […]

By Phil Franz-Warkentin

Much of Canada abnormally dry or in moderate drought

Jul. 10, 2023 at 7:57 pm CDT

MarketsFarm — In a stretch from the Atlantic to the Pacific Oceans, a wide swath of Canada was contending with dryness, according to the latest report from the Canadian Drought Monitor. As of June 30, about 60 per cent of the country was abnormally dry to being in a moderate […]

By MarketsFarm

NAFTA meeting to skirt major disputes, U.S. trade rep says

Jul. 5, 2023 at 6:45 pm CDT

Washington | Reuters — U.S. Trade Representative Katherine Tai’s meetings with North American trade partners Canada and Mexico this week will not delve deeply into major disputes over Mexico’s biotech corn and energy policies nor Canadian dairy access, a senior USTR official said on Wednesday. The annual meeting of the […]