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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
(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

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

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MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing […] 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
(Flax Council of Canada photo)
Crops, Markets

More flax expected in 2021

More acres predicted, but how many more?

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MarketsFarm — Flax prices in Western Canada have remained strong and are down little off their recent highs, according to Scott Shiels of Grain Millers Canada Corp. at Yorkton, Sask. Shiels believes those good prices will lead producers to plant more acres of flax this spring — but not the 22 per cent hike to […] Read more
WGEA executive director Wade Sobkowich. (Manitoba Co-operator photo by Allan Dawson)
Crops, Markets, Weather

Railways to blame for terminal shortages, WGEA says

Grain handlers take issue with MarketsFarm report

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MarketsFarm — The association representing the Prairies’ main grain handling companies says recent delays in loading vessels have less to do with the availability of grain and more to do with the railways hauling it to port. The Western Grain Elevator Association (WGEA), which represents major handlers such as Viterra, Richardson, Cargill and others, raised […] Read more
A view from Globeways Canada’s office at Mississauga, Ont., from a 2011 video marking the presentation of the Mississauga Board of Trade’s award for Small Business of the Year. (MBOT video screengrab via YouTube)
Crops, Pulses

Pulse packers’ security covers cash owed to farmers

Sales of Globeways plants in Manitoba, Saskatchewan now approved

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More than 50 farmers who were owed money for deliveries to Prairie pulse and special crop processors Canpulse Foods and Global Grain Canada are expected to get what they’re owed, as both companies’ assets move to new ownership. Canpulse, Global Grain Canada and their parent company Globeways Canada went into receivership last Nov. 19, following […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan confirms canola stocks tightening

Wheat stocks also down from previous year-end

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MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more
(Dave Bedard photo)
Crops, Markets

Canadian flax prices, exports going up

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MarketsFarm — High demand and an accompanying increase in overseas exports have resulted in reduced domestic supply for Canadian flaxseed, helping drive prices for the crop to highs unseen in years. Marlene Boersch, owner of Mercantile Consulting Venture in Winnipeg, said the amount of flax from Canada going to the U.S. and European Union is […] Read more

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