
Agriculture and Agri-Food Canada's March outlook cut the 2024-25 canola price forecast by C$25 a tonne and the 2025-26 canola forecast by C$40 a tonne. It raised the new-crop flax price by C$105 a tonne on strong demand and tight supplies, and it projects the lowest new-crop oat price in five years.
Lower projected canola and oat prices point to weaker Canadian feed grain values, while flax strength reflects tight supply in oilseeds.
After 72 past bearish report events, Oats moved a median +0.2% over 5 sessions (50% higher; middle half -3.7% to +3.8%), and -2.5% over 20.
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.