Canola futures finished mixed on Friday, as spread-based action pushed the front-month contract lower while the more deferred contracts picked up modest gains.
Corn and soybean futures ended the week on an up note on Friday, with wheat mixed.
It may have delayed seeding progress, but wet weather this past week in Alberta was definitely welcomed by producers, according to the latest provincial crop report.
Thanks mainly to upward revisions for corn and wheat, the International Grains Council (IGC) has sharply increased its global grains production forecast for 2016-17.
The boom times may be fading, but Canadian farmers continued to pile up debt this past year.
Some of the worry about dry conditions in parts of the Prairies - particularly Alberta - is beginning to ease with good rains over the past week.
Spec selling was an undermining influence as canola futures ended weaker on Thursday.
Wheat futures ended solidly higher on Thursday, as the market played catch up to previous gains in corn and especially soybeans. Corn was also higher, while soy futures eased.
Dry bean planting is wrapping up in North Dakota and Minnesota with warm temperatures and now moisture, according to the latest crop progress report from Thompsons Ltd in Blenheim, ON.
There should be no doubting just how big of an impact lentils are having on the bottom line of Prairie farmers now.