(Dave Bedard photo)

Canada’s large canola stocks top expectations

CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number […] Read more

(Dave Bedard photo)

Larger Canadian wheat, canola crops beat expectations

CNS Canada — Canada’s 2014-15 wheat and canola crops both ended up considerably larger than early guesses, according to updated production estimates released Thursday by Statistics Canada. Production, however, was still well below the record levels seen the previous year. After the canola crop was pegged at 14.08 million tonnes in StatsCan’s October report, average […] Read more