A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.
Like cattle, Canadian canola production is heavily integrated with the U.S., which was its leading export market at $8.6 billion in 2023. The U.S. is also the leading export destination for ...
The report stated that global canola production for the 2024-25 marketing year would decrease by 1.1 million metric tonnes due to lower yields in Canada. Market Check chief executive Nick Crundall ...