Port of Vancouver set a new grain export record in 2025, moving 30.3 million tonnes of bulk cargo, driven by a 20 % jump in wheat shipments to 15.9 million tonnes. While wheat volumes surged, canola seed exports slumped 23 % to 6.6 million tonnes after Chinese tariffs, though canola oil shipments rose 26 % and diversified beyond the United States. Overall cargo throughput increased 12 % to 127.5 million tonnes, and the port announced infrastructure upgrades—including an Active Vessel Traffic Management system and the Holdom Overpass—to support future growth. Port president Peter Xotta highlighted optimism for a rebound in canola seed volumes following a new Canada‑China trade deal.
The Israel‑U.S. attacks on Iran have turned the Strait of Hormuz into a virtual no‑go zone, halting shipments of crude, natural gas and key fertilizers. Blocked exports of nitrogen, ammonia and phosphates pushed urea prices 71% to $600 a ton,...
Canadian canola exports are heavily dependent on the United States, with 78% of oil shipments projected for 2025 and 66% of meal exports in 2024. The joint review of the Canada‑U.S‑Mexico Agreement (CUSMA) begins July 1, and the U.S. is conducting...
Canola futures rose to C$719.90 per tonne, the highest level since August 2025, buoyed by a 3.3% jump in soybean oil and modest soybean gains. Wheat prices edged higher, but rising fuel costs for shipping threaten demand growth. Crude oil surged...
Western Canadian feeder cattle markets held firm for the week ending Feb. 21, with yearling prices climbing about $10 per hundredweight and calf values showing mixed movement. Improved short‑term feedlot margins bolstered the yearling segment, while unusually cold Alberta weather...
U.S. Department of Agriculture’s Foreign Agricultural Service projects Canadian wheat ending stocks at 5.82 million tonnes for 2025‑26, notably lower than Agriculture and Agri‑Food Canada’s 7.35 million‑tonne estimate. Both agencies still forecast a record 39.96 million tonnes of total wheat production, up 23 %...
Saskatchewan Premier Scott Moe is leading a week‑long trade mission to India, concentrating on agriculture, potash and uranium. The trip coincides with the Raisina Dialogue and runs alongside Prime Minister Mark Carney’s meetings with Prime Minister Narendra Modi. Moe aims...
Crude oil rallied to $65.89 per barrel this morning as concerns over a potential Iranian conflict resurfaced, while the Canadian dollar held near 65.89 U.S. cents. In the grain sector, canola futures slipped to C$690.20 a tonne, pressured by a...
Managed‑money funds have begun easing their long‑standing short stance in wheat, reducing a net short of 97,370 contracts (13.2 million tonnes) after buying back 26,772 contracts in the week to February 17. The spring wheat market remains the most heavily shorted, with...
Funds aggressively rebuilt soybean exposure, buying back 94,316 contracts and pushing net‑long positions to 123,148 contracts—the highest since late 2025. Parallel buying lifted soybean oil to a net‑long of 33,093 contracts, the strongest level since August 2025, benefitting the broader...
Canadian dairy farmer organizations are overhauling milk pricing to reflect a surge in protein‑rich product demand, with cottage cheese volumes up 32% and yogurt up 7% in 2025. The Western Milk Pool will pay 70% for butterfat, 25% for protein...