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Oats. (Greg Berg photo)
Crops, Markets, Oats

StatCan expected to raise estimate for oats production

Ending stocks estimate 'probably fairly accurate'

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MarketsFarm — Ahead of the model-based Statistics Canada production report due out on Thursday, Scott Shiels of Grain Millers Canada in Yorkton, Sask. said it’s likely the agency’s numbers for oats will increase. StatCan issued its first model-based production report for 2023-24 on Aug. 29, which placed the country’s oats at about 2.429 million tonnes. […] Read more
File photo of a federal office building in downtown Winnipeg. (Dave Bedard photo)
Crops, Markets

Canada’s canola carryout up on year, wheat down slightly

Barley, oats, peas also up on year

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MarketsFarm — Canadian canola ending stocks edged higher in 2022-23, while wheat carryout was slightly lower, according to the latest stocks data from Statistics Canada, released Friday. Barley, oats and peas also saw increases on the year, while lentil supplies tightened. Total wheat stocks as of July 31, at 3.58 million tonnes were down by […] Read more
ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little downside for canola, trader says

'I wouldn’t look for a big collapse'

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MarketsFarm — After trading rangebound during the week before the Labour Day long weekend, canola started the month of September by taking a tumble. The November canola contract stayed between $800-$821 per tonne from Aug. 24 to Sept. 1, with closing prices between $809-$812/tonne. When ICE Futures resumed trading Tuesday, the price dropped $13.90, to […] Read more
(Viterra.ca)
Crops, Markets

Increases seen in most July grain deliveries

Oats deliveries more than double, canola near double

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MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes, […] Read more
(Dave Bedard/File photo)
Crops, Markets, Weather

AAFC cuts production numbers on drought

Wheat production figures reduced, corn up

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MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, leading to revisions in exports, domestic usage and ending stocks. The report pointed to drought in southern Alberta and western Saskatchewan for the downward move. […] Read more
(File photo by Lorraine Stevenson)
Canola, Cereals, Crops, Markets

Oilseed crush down, grain deliveries rise in June: StatCan

Canadian grain deliveries reached a three-month high in June

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 Marketsfarm – Statistics Canada (StatCan) released its June oilseed crush and grain delivery statistics, showing a small decline for the former, but a large gain for the latter from the month before.  Oilseed processors in Canada crushed 772,345 tonnes of canola last month, as well as 139,164 tonnes of soybeans for the month of June […] Read more
(iStock photo)
Crops, Markets, Pulses

Pulse weekly outlook: More U.S. peas, chickpeas expected in 2023

On the other hand, fewer lentils and beans

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MarketsFarm — It was a mixed bag for forecasted seeded pulse acres in the United States, according to the U.S. Department of Agriculture (USDA). USDA released its acreage report on Friday, with data provided by respondents between May 30 and June 15. The report came two days after Statistics Canada (StatCan) released its June acreage […] Read more
(Iggi_Boo/iStock/Getty Images)
Markets, Pulses

Pulse weekly outlook: Exports strong through three quarters

Prices rationing demand for old-crop

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MarketsFarm — Canadian pulse exports continue at a solid pace through nine months of the 2022-23 marketing year, with old-crop prices trending higher over the past month as the market rations demand ahead of the new-crop harvest. Canada has exported 1.713 million tonnes of lentils during the crop year to date, with Turkey the top […] Read more
(Dave Bedard photo)
Crops, Markets

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

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MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions […] Read more
File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
General, Markets, Reuters

Canada retools inflation baskets with more focus on food, gas

Snowblowers and barbecues in, DVD players out

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Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline. The reweighting, which Statistics Canada carries out every year, has historically had only a marginal impact on the […] Read more

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