Harvest operations advanced to 96 per cent complete in Alberta as of Oct. 7, with only a few late-seeded cereal and canola fields remaining, according to the latest provincial crop report.
U.S. data vital to global grain and soybean trading has gone dark during the country’s federal government shutdown, leaving commodity traders and farmers without crop production estimates, export sales data and market reports during the peak of the autumn harvest.
Abundant feed grain supplies and improved profitability for the livestock sector should support strong feed demand and sales through the winter, says a new report from Farm Credit Canada.
Saskatchewan farmers made good harvest progress during the first week of October, only seven per cent of crops still in the field as of Oct. 6, according to the latest provincial report. Dry conditions over the past few weeks allowed harvest to catch up to seasonal averages.
Expana has raised its monthly grain production forecast for European Union crops for the 2025/26 season, projecting soft wheat output will hit a record high and barley a 17-year high.
Look for November canola to slip below C$600 per tonne by the end of Thanksgiving week, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming.