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Farm Credit Canada data shows canola prices rose from about $625 to $738 per tonne between January and May 2026 after China lowered its tariffs. Manitoba farmers expect to plant 4.7 per cent more canola this year, reaching a projected 3.2 million acres.
Higher canola prices and expanded area signal improved demand, though the larger planting area could weigh on future supply balances.
brandonsun.comConnor McDowell, Local Journalism InitiativeMay 21, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
