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Tight Supplies, Dry Prairies Support

Canola futures were strongly stronger on Tuesday due to ongoing concerns about tight supplies and dry conditions across the Prairies.

The rolling out of the November contract into January was a major feature in today’s trading, with one trader saying that crushers and other buyers are worried about the small amount of canola available on the market and are buying as much as they can. Additional support came from increases in European rapeseed and the Chicago soy complex, as well as continued dry conditions across drought-plagued Western Canada ahead of the winter.

Some pressure came from slightly lower Malaysian palm oil values.

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Preparing soil for fruit trees is one of the most important — and most overlooked — steps before planting. In this episode, I visit Spaulding Ranch in Boise, Idaho, and speak with soil specialist Ariel Agenbroad from the University of Idaho Extension. Together, we explore how to evaluate soil structure, drainage, compaction, and organic matter so your fruit trees can establish strong, healthy roots. If you're planning to plant fruit trees this season, this conversation will help you understand what to look for before you dig.