The stocks in all positions report from Statistics Canada on Monday was generally within expected pre-report parameters, but confirmed usage of canola and wheat were stronger than anticipated, industry analysts said. "The stocks of canola on-farm and in commercial position as of March 31 was interesting and had friendly price implications for the futures, but […] Read more
Stocks report confirms strong canola, wheat usage
StatsCan stocks report to confirm canola, feed usage
An updated grain and oilseed stocks-in-all-positions report, due Monday from Statistics Canada, will be watched to confirm usage of the various crops — and to see if there have been any adjustments to last year’s production. "I think the important numbers will be the usage pace, especially for canola since exports and domestic demand have […] Read more
Precipitation slows seeding in Alberta
Varying amounts of precipitation prevented producers in Alberta from getting on fields and actively preparing for spring seeding during the week ended May 2, according to a provincial crop specialist. "Some seeding in the province has been completed, however," said Harry Brook with the Alberta Ag-Info Centre at Stettler.In more southerly regions of Alberta, seeding […] Read more
StatsCan’s canola estimate awaited
The first planting survey report for 2012, to be released Tuesday (April 24) by Statistics Canada, is expected to show Canadian farmers intend on seeding record acres to canola. Now the questions: Exactly how high will the area be to canola? And will the report be an accurate reflection of seeding intentions? "There are already […] Read more
Pork exports set new 2011 record, 2012 seen down
Canadian exports of fresh, chilled and frozen pork established a new record during calendar year 2011, but are unlikely to match that level in 2012, according to an official in the industry. "Demand for Canadian pork products from China, South Korea and Russia were spectacularly strong in 2011 and helped to fuel the record level," […] Read more
ICE daily canola open interest nears record levels
Canola open interest on the ICE Futures Canada trading platform is within striking distance of establishing an all-time new record high, based on data from the exchange. Daily open interest in all canola futures months totalled 211,501 contracts on Wednesday. While that was down from the April 2 level of 213,363 contracts, it was very […] Read more
Ont. winter wheat breaking dormancy early
Warmer-than-normal temperatures in Ontario are reported to have helped the winter wheat crop in the province break dormancy earlier than usual. "There is certainly some wheat green up with growth dependent on the region of the province," said Peter Johnson, a cereals specialist for the Ontario Ministry of Agriculture. However, while the crop has come […] Read more
StatsCan stocks report holds few surprises
The grain and oilseed stocks in all positions report released Friday by Statistics Canada held few surprises over, with the exception of the estimate for peas. However, there were a few questions raised by the industry regarding the accuracy of the numbers released by the government agency. The numbers confirmed that usage of the various […] Read more
ICE’s milling wheat contracts trade light on first day
New milling wheat, durum and barley contracts began trading on the ICE Futures Canada trading platform on Sunday at 7 p.m. CT, with only milling wheat actually experiencing any trade during its first day of activity. One October milling wheat contract traded at $257.20 per tonne, while two December contracts traded, one at $264 and […] Read more
AAFC boosts 2012 canola, barley acreage ideas
Revised, Jan. 18 — Agriculture and Agri-Food Canada expects farmers in Canada to increase the area seeded to canola this spring to an all-time record high, while also raising the amount of ground to be seeded to barley, according to its latest 2012-13 acreage projection outlook. The federal ag department’s market analysis branch cautioned, however, […] Read more
Canadian Cattlemen Presents: Depth of Field
