CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower […] Read more
Flax
Firm, steady flax prices seen in the cards
Canola prices vulnerable after StatsCan report
CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. […] Read more
Canola stocks comfortable, eyes on new crop
CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies […] Read more
ICE to move canola trade to U.S. exchange
The business of trading and clearing canola futures is poised to leave Winnipeg for New York City this summer. Atlanta-based Intercontinental Exchange (ICE), the operator of canola exchange ICE Futures […] Read more
Grain trade skeptical of StatsCan’s acreage outlook
CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger […] Read more
Prairie flax market flat, acres set to decline
CNS Canada — A flat flax market in Western Canada has buyers feeling indifferent about this year’s prospects. “There’s no big hurrahs right now on flax… I hate to say […] Read more
Richardson won’t renew canola, flax, soy funding
One of Canada’s biggest grain companies is stepping out of three Canadian oilseed industry organizations — and taking its funding when it goes. Winnipeg-based, privately-held Richardson International has announced it […] Read more
Flax Council of Canada to shut office
The national promotional agency for Canada’s flax industry plans to move forward without a bricks-and-mortar office starting next month. The Flax Council of Canada announced Monday its downtown Winnipeg office, […] Read more
Canola stocks look less tight in StatsCan report
CNS Canada — Canadian farmers grew a record amount of canola in 2017, despite weather concerns, according to updated production estimates on Wednesday from Statistics Canada. The agency pegged production […] Read more
Larger crops expected in StatsCan report
CNS Canada — Canada’s canola and wheat production likely ended up larger than earlier expectations, but just how much more remains to be seen, as industry participants await the Statistics […] Read more
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