There was a significant turnaround in canola’s July — November spread, which points to a large carryout for 2025-26 canola said Tony Tryhuk, director of futures trading for RBC Dominion Securities in Winnipeg.
Markets
Chinese demand key drivers for soybeans, canola
China’s buying intentions, especially in the wake of a U.S. presidential visit, will remain a force in soybean and canola…
May 21, 2026
Dry U.S. Plains boosting wheat markets
Higher wheat prices are likely with expected smaller crops from the U.S., Canada, Australia, Argentina and Europe weighing on the…
May 20, 2026
Manitoba cattle prices, May 20
Sales held at five of Manitoba’s major livestock auction marts moved almost 7,700 head of cattle during the week, including…
May 20, 2026
Must Reads
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Canadian wheat faces tougher fight for global markets
Canada’s wheat sector is leaning on customer support, training, and market diversification to protect sales for farmers as global competition…
May 19, 2026
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Manitoba cattle prices – May 13, 2026
Here’s are the prices Manitoba farmers were selling their cattle for during the week of May 5-12, 2026.
May 15, 2026
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Canola prices float high May 5, but market drop may be coming
Crude oil and soyoil buoy canola prices May 5, but Middle East war predictions, ample supply lining canola market factors…
May 6, 2026
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Manitoba cattle prices, May 6
Manitoba’s seven main livestock auction marts moved a combined 6,190 feeder and slaughter cattle during the week ending May 5.
May 6, 2026
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Organic and seed growers gain access to MASC’s contract price option
Manitoba farmers can now get a contract price option on organic, pedigreed seed and forage seed crop insurance
May 3, 2026
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USDA, Ottawa split on canola carryout — what it means for Manitoba growers
The USDA’s Canadian canola carryout number is more than double what Agriculture Canada is forecasting.
May 2, 2026
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Spring wheat shaping up as a dark horse for Manitoba growers
Wheat prices rise for Canadian farmers ahead of 2026 spring seeding as April outlook on U.S. winter wheat spells trouble
May 2, 2026
ICE Canada Weekly: July-Nov spread indicates large canola carryover on horizon
CBOT Weekly: Seeding, oil prices, seasonal trends pressuring grain prices
Seasonal trends, as well as falling crude oil prices and upcoming harvests pressured grain prices on the Chicago Board of Trade during the week ended May 27, 2026.
Prairie wheat weekly: Western Canadian wheat bids mixed
Canada spring wheat were mixed during the week ended May 26, as spillover from losses in the North American futures was countered by planting delays in parts of the Prairies and weakness in the Canadian dollar.
Canadian financial close: C$ weakens with crude oil
Glacier FarmMedia — The Canadian dollar was weaker Wednesday as losses in crude oil weighed on the energy-linked currency. The Canadian dollar settled at US$0.7230 or US$1=C$1.3831, which compares with Tuesday’s close of US$0.7240 or US$1=C$1.3812. Optimism over reports that Iran and the United States were close to reaching a peace deal weighed heavily on
U.S. Grain/Oilseed Review: Soy largely fends off crude oil pressure
By Glen Hallick, Reporter SOYBEAN futures at the Chicago Board of Trade were mixed on Wednesday, with slight declines in the front months and small gains in the new crop positions. Although hopes for a United States-Iran peace deal were renewed today, with crude oil falling hard, President Donald Trump claimed Iran’s latest proposal is
ICE Closing Review: Another day of increases
By Glen Hallick, Reporter Glacier FarmMedia – Intercontinental Exchange canola futures added more gains on Wednesday, despite heavy pressure from declines in crude oil. The latter fell hard on renewed peace prospects in the Middle East. However, United States President Donald Trump claimed the latest Iranian proposal is a fabrication. Support for canola came from
Manitoba seeding falls behind, canola under 50 per cent in ground
Higher temperatures, recent rains boost pasture and hayland
Manitoba spring planting hit 55 per cent as of May 26, but canola is under half seeded and northwest spring wheat sits at just 30 per cent.
ICE Canola Midday: Climbing higher for now
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued higher at mid-session Wednesday, building on the previous day’s sharp increases. Support for canola was coming from upswings from the Chicago soy complex and in European rapeseed, while the Malaysian palm oil market was closed for a holiday. However, there soon could
China allows fresh urea exports amid Iran war-fuelled fertilizer crisis, sources say
China has issued export quotas for urea fertilizer sources said. The move could help ease soaring global fertilizer prices due to the closure of the Strait of Hormuz.
Canadian dollar and business outlook
Glacier FarmMedia — The Canadian dollar was weaker Wednesday morning, as losses in crude oil weighed on the energy-linked currency. At 9:18 a.m. CDT the Canadian dollar was trading at US$0.7230 or US$1=C$1.3831 which compares with Tuesday’s close of US$0.7240 or US$1=C$1.3812. Optimism over reports that Iran and the United States were close to reaching
