War has been disruptive for the global grains and oilseed sector

Now that the harvest is pretty much wrapped up for most farmers, producers are monitoring the markets and what's happening with production in other countries.

Neil Townsend, a Senior Market Analyst with FarmLink Marketing Solutions thinks that in the next month, we could see some retracement for canola and wheat values.

"Maybe in the canola, we can gain back $1 per bushel, and in the wheat, we can gain back 50, 60, or 70 cents per bushel. Again, I wouldn't be a seller at those values just because to go further out beyond like a month or six weeks right now and predict what is going to happen is hard."