February 20, 2025

ICE Close: Canola Higher but Gains Slowing

Canola futures ended higher on Thursday with strength in the Chicago soy complex helping to lift the market. However, gains in canola are starting to slow.

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February 20, 2025

Chicago Close: Hot, Drier Argentina Weather Supports Soys, Corn

Soybean futures closed with solid gains on Thursday, boosted by drier Argentina weather and a weaker US dollar. Corn was a bit higher while wheat fell.

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February 20, 2025

IGC Lowers Global Corn, Soy Production Estimates

The International Grains Council has trimmed its 2024-25 global corn and soybean production estimates amid downgrades for South America.

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February 20, 2025

Pea Outlook Heaver from January; Lentils Slightly Lighter

The Canadian dry pea outlook for both 2024-25 and 2025-26 is heavier this month, while the lentil situation has tightened slightly.

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February 20, 2025

Farm Sector Equity in 2023 Slightly Higher than Originally Forecast

The value of equity in the Canadian farm sector increased slightly more than previously expected in 2023, although the size of the gain was still well down from a year earlier.

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February 19, 2025

ICE Close: Supply Tightness Remains Supportive

Canola futures managed small gains on Wednesday, with gains in European rapeseed and palm oil. Supply tightness also remained a supportive factor for canola.

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February 19, 2025

Chicago Close: Profit Taking Undermines Futures

Corn, wheat, and soybean futures all finished lower on Wednesday, with profit taking helping to pressure.

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February 19, 2025

New Coalition Formed to Strengthen Biofuel Industry

Two of Canada’s largest ethanol producers and Grain Farmers of Ontario have banded together to form a new entity to promote and strengthen the domestic biofuel industry.

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February 19, 2025

Old-, New-Crop Durum Ending Stocks Revised Lower

The outlook for old- and new-crop Canadian durum has tightened from last month.

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February 19, 2025

Ag Canada Raises 2024-25 Canola Ending Stocks Forecast

Agriculture Canada has bumped its 2024-25 canola ending stocks slightly higher from last month. However, supplies remain tight overall, and the price outlook has risen.

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February 18, 2025

ICE Close: Nearby Contract Lower; New-Crop Up

Canola futures closed mixed on Tuesday, with the nearby March contract slipping and new-crop November a bit higher.

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February 18, 2025

Chicago Close: March Corn Breaches US$5 Mark

Corn, wheat, and soybean futures all closed higher on Tuesday, following the long holiday weekend.

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February 18, 2025

Charts: Wheat Futures at Multi-Month Highs

Wheat futures were trading little changed on Tuesday, but prices across all three exchanges remain at multi-month highs.

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