The grain and oilseed stocks in all positions report released by Statistics Canada on Wednesday confirmed larger-than-expected supplies for canola and all wheat and suggests the agency underestimated the sizes of those crops during the 2010-11 season, industry sources said. Statistics Canada pegged Canadian canola stocks as of July 31, in the 2010-11 crop year […] Read more
StatsCan report shows larger-than-expected canola stocks
Canada’s canola crop record-sized, but smaller than expected
Canada’s canola output in the 2011-12 crop year will be record large, but the estimate released by Statistics Canada in its first crop production survey fell below what market participants had been anticipating. The government agency pegged Canada’s 2011-12 canola crop at a record 13.193 million tonnes, up from the 2010-11 level of 11.866 million. Pre-report […] Read more
Canola crop record, but smaller than expected
Canada’s canola output in the 2011/12 (Aug/Jul) crop year will be record large, but the estimate released by Statistics Canada in its first crop production survey fell below what market participants had been anticipating. The government agency pegged Canada’s 2011/12 canola crop at a record 13.193 million tonnes, which was up from the 2010/11 level […] Read more
Scarce precipitation seen during Prairie harvest
Producers looking to harvest their grain and oilseed crops in Western Canada can expect to see a drier than normal fall period, according to weather outlooks looking at the next couple of months. “There is a fair chance that some parts of the Canadian Prairies will receive normal rain events during the fall harvest period, […] Read more
Canola area a surprise in StatsCan acreage report
The record-sized area planted to canola in the Statistics Canada acreage report released early Thursday caught more than just a few individuals in the trade by surprise. “Even with flooding and excessively wet conditions for planting it was perceivable that canola area could have easily topped the 20 million-acre level and came that much closer […] Read more
Acreage base expected smaller than StatsCan update
The acreage update coming from Statistics Canada early Thursday is expected to show a decline in seeded area in comparison to the projections for the period ended March 31. The federal statistics agency’s numbers are seen as providing at least a base in which to backtrack seeding intentions which were negatively impacted by excessive precipitation […] Read more
Seeding virtually complete in Alberta: AARD
Seeding operations in Alberta are generally complete with the only exceptions in the south, where less than five per cent of the intended crop still needs to be put into the ground, according to a provincial crop specialist. “That area has been extremely wet and has prevented producers from seeding the last of the crops,” […] Read more
Slow crop start limits frost damage on Prairies
The late start to seeding on Canada’s Prairies, along with slow germination of early-seeded crops, prevented any significant damage occurring from frost over the past couple of nights. Temperatures in Western Canada dropped to as low as -4 to -5 C overnight Monday in select areas and fell to -1 to -2 C overnight Tuesday […] Read more
Feed barley bids slowly trending up
Cash bids for feed barley in Western Canada have been holding fairly steady but also have slowly been trending to stronger territory as feedlots look to cover needs. “Bids for barley have slowly been moving up, especially after stocks of the commodity were shown to be at a tighter-than-anticipated level in the StatsCan stocks report […] Read more
ICE planning spring wheat, durum futures contracts
ICE Futures Canada is preparing to offer separate spring wheat and durum futures contracts if the federal government follows through with its plan to end the Canadian Wheat Board’s monopoly on the marketing of those commodities. “We would be remiss in our duty if preparations were not in place for this potential inevitability,” ICE Futures […] Read more
Canadian Cattlemen Presents: Depth of Field
