
Saskatchewan reported harvest 99% complete, with estimated canola yields of 38.3 bushels per acre and hard red spring wheat yields of 51.9 bushels per acre. January canola fell C$15.10 to C$753.20 per tonne, while U.S. exporters booked 538,000 tonnes of wheat for 2026/27 in the week ended October 29.
The Saskatchewan yield estimates inform Canadian crop availability, while the reported U.S. wheat sales point to export demand. The wheat bookings are supportive for wheat prices, but the article provides no comparable canola export-demand signal.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.