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Trent Klarenbach, BSA AgEc, PAg, founder and lead analyst, Klarenbach Research

Canada and China extended canola meal and pea access through 2028, and January canola still slid to its lowest levels in four months. Trent posted a fresh canola read with his next levels and updated his urea buying view, and the weekly outlook wrapped up the Prairie harvest. Here's everything we published, in one place.

Prairie Grain Market Outlook: Nov 2–6, 2026

Start here. The weekly wrap covers canola, spring wheat, Chicago and Kansas City wheat, durum, barley and oats, corn and soybeans, and urea fertilizer, plus a "what to watch next week" list. Canada and China extended favourable market access for canola meal and peas through the end of 2028 (Global Affairs Canada), yet January canola fell to C$753.20/tonne on Nov 5, its lowest level in four months (Glacier FarmMedia ICE review). Saskatchewan's final Crop Report put harvest at 99% complete and canola yield at 38.3 bu/ac (Government of Saskatchewan).

Trent updated his weekly chart read on Urea FOB U.S. Gulf futures on Nov 6.

Canola Market Analysis: Jan Futures at $748 🔒

January canola futures traded at C$748/tonne when Trent published his Nov 6 canola note.

Tags: Canola

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Sources: Global Affairs Canada, Nov 4, 2026 · ICE Futures canola (via Glacier FarmMedia), Nov 3–5, 2026 · Government of Saskatchewan, Crop Report for Oct 20–26, 2026 (released Nov 5, 2026) · ICE Futures, Nov 6, 2026 · Urea FOB U.S. Gulf futures, weekly chart, Nov 6, 2026. The weekly outlook's full source list is on its page.

This recap is educational and is not individualized trading or marketing advice.