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(File photo courtesy Canola Council of Canada)
Crops, Markets

Canada left with very tight canola, barley stocks

'You can't find canola anywhere in the country'

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MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that are out there, a lot […] Read more
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Harvest shortcomings could open doors to India

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MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Peas

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations

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MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan’s projected canola area on low side of expectations

Wheat acres expected lower, barley up

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MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to rectify tight ending stocks. In StatsCan’s survey-based principal field crop areas report, released Tuesday, the federal agency pegged canola acres for 2021-22 at 21.53 million, […] Read more
(Dave Bedard photo)
Crops, Markets

Slight adjustments in AAFC’s April supply/demand report

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MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more
Chickpeas. (Grigorenko/iStock/Getty Images Plus)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more
(Lightguard/iStock/Getty Images)
General, Weather

Saskatchewan to pare school tax mill rate for farmland

EPT mill rates to rise for residential, other properties

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Saskatchewan’s latest budget taps down the education property tax (EPT) mill rate it sets on farmland, while raising those mill rates on other property classes. The provincial government, in Tuesday’s budget, set the provincewide EPT mill rate on agricultural land for 2021 at 1.36, down slightly from the previous rate of 1.43. EPT mill rates […] Read more
A man waves an Egyptian flag after the Ever Given, one of the world’s largest container ships, is fully floated on the Suez Canal in Egypt on March 29, 2021. (Photo: Suez Canal Authority handout via Reuters)
Crops, Markets, Pulses

Pulse weekly outlook: Shipping delays aggravate growers, exporters

Montreal longshoremen's strike again possible

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MarketsFarm — On top of disruptions to major supply chains and shipping routes already due to the COVID-19 pandemic, recent events are causing even more headaches for pulse exporters and growers. The six-day blockage of the Suez Canal by the grounded container ship Ever Given caused a major backup of container ships, tankers and other […] Read more

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