ICE Close: Soyoil Declines Send Canola Lower

Weakness in Chicago soybean oil and soybean futures weighed on canola Wednesday.

Chicago Close: Soyoil Losses Pressure Soybeans

Steep declines in soyoil dragged soybean futures lower on Wednesday. Corn also fell while wheat was mainly lower.

Bank Lowers Benchmark Rate for First Time Since March

The Bank of Canada on Wednesday delivered its first interest rate cut since March.

Manitoba Harvest Hits Halfway Point

National Corn Output Little Changed from August; Soybeans Up Slightly

Statistics Canada’s September production forecast points to a steady Canadian corn outlook compared with August, while the soybean estimate has increased slightly.

Even Larger Lentil, Pea Crops Expected

Statistics Canada is projecting even larger Canadian lentil and pea harvests than previously expected, with both crops surpassing the August forecast and running well ahead of last year’s levels.

Barley Output Raised from last Month; Oats Little Changed

Statistics Canada has raised its national barley production estimate from last month, while expected oat output is little changed and still slightly above last year.

StatsCan Sees Larger Canadian All Wheat Crop

Statistics Canada is painting a brighter picture for Canada’s wheat harvest, with national output now expected to surpass both last month’s estimate and last year’s crop.

Canola Production Up Just Slightly from August Estimate

Statistics Canada’s September estimate has nudged Canada’s canola crop above the 20-million-tonne mark, with all the increase from August tied to stronger expectations in Saskatchewan.

ICE Close: Bean Oil Strength Supports Canola

Canola futures shook off harvest pressure to close higher on Tuesday.