The Northern Lights over Winnipeg as seen from the International Space Station in January 2012. (NASA.gov)

Grain trade still wary of satellite-based StatsCan estimates

CNS Canada — Statistics Canada’s second attempt at using satellite imagery to determine the size of the country’s crops is in line with trade guesses when it comes to canola — but market participants are still taking the new methodology with a grain of salt. The model-based principal field crop estimates, released Tuesday, are calculated […] Read more



(Dave Bedard photo)

ICE weekly outlook: Export uncertainty dogs canola

CNS Canada — Canola futures don’t appear ready to climb drastically higher anytime soon as uncertainty over Chinese buying weighs on the market, according to a Winnipeg trader and analyst. The recent grain stocks report compiled by Statistics Canada has become a source of pressure for canola, said Ken Ball of PI Financial. StatsCan’s report […] Read more

(Dave Bedard photo)

StatsCan’s canola estimates taken with grain of salt

CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more



(Photo courtesy Canada Beef Inc.)

Canada books bigger beef cattle herd

New estimates from Statistics Canada show the country’s cattle producers hanging onto more breeding stock and holding more calves as of July 1 compared to the same date last year. StatsCan’s livestock estimates as of July 1, released Thursday, showed 13.2 million cattle on Canadian farms as of July 1, up 1.3 per cent from […] Read more



(Dave Bedard photo)

More canola and pulses, less wheat expected in Canada

CNS Canada — Canadian farmers likely seeded more canola and pulse acres than originally thought this spring, but less wheat, according to average trade estimates ahead of Statistics Canada’s next official survey results due out June 29. Poor returns per acre and frustrations over grading issues had some farmers backing away on wheat, said Jerry […] Read more