There's cautious optimism in the crop sector as prairie farmers continue to work on the harvest, global trade tensions and shifting market dynamics continue to impact commodity prices and demand.

Bruce Burnett, Director of Markets and Weather with Glacier Farm Media, says the canola market remains under pressure, largely due to ongoing trade issues with China.

"Global vegetable oil demand is increasing, which should be positive for prices," Burnett explains. "But because of the particular trade flows we’re dealing with, it’s going to take time for demand to return to the canola market."

Canola futures have dropped between $75 and $100 per tonne since tariffs were introduced, with cash prices now sitting near harvest lows. Burnett says there may be slight improvements in basis levels onc

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