Dwayne Klassen

Canadian canola production in the 2012-13 crop year was smaller than most industry participants had been anticipating and will result in an "astoundingly" tight ending stocks situation, industry officials said in reaction to Statistics Canada’s production survey released Wednesday. Many thought the government agency would raise its canola production forecast from the October estimate, "but […] Read more

The jury is still out on whether the last Canadian production survey of 2012 will reveal smaller or larger canola supplies than what the early October report did, based on feedback from the industry. The report, scheduled to be released by Statistics Canada on Wednesday, will finalize Canada’s 2012 grain and oilseed production. The main […] Read more

A pickup in export demand and a tightening supply outlook have resulted in some improvement in values paid for yellow mustard in Western Canada — but prices will need to increase substantially if end-users want farmers to consider growing the crop next spring. "We’ve seen a small jump in the bids for yellow mustard as […] Read more

Milling wheat, durum and barley futures contracts on the ICE Futures Canada trading platform have failed to attract any kind of significant trading interest but officials with the exchange remain optimistic that the contracts will become viable risk management tools. Activity in the milling wheat, durum and barley contracts on the Winnipeg-based exchange’s platform has […] Read more

Canadian canola exports during the 2012-13 crop year were expected to come in at a record-high level — but smaller-than-anticipated production is now predicted to dim those prospects. Agriculture and Agri-Food Canada, in its September supply/demand outlook, had forecast Canada’s 2012-13 canola export program to come in at a record 8.701 million tonnes, with Japan, […] Read more

The early harvest of grain and oilseed crops in Western Canada allowed for increased seeding of winter wheat and for the crop to get off to a good start, according to industry participants. "The opportunity to increase the seeded area to winter wheat on the Canadian Prairies was there this fall," said Bruce Burnett, a […] Read more

Canola supplies on-farm and in commercial position at the end of 2011-12 are seen as being on the "extremely tight" side — and market watchers say that will make it more difficult for exporters and domestic processors to meet targets moving forward. The canola ending stocks figure, in data released Friday by Statistics Canada for […] Read more

Statistics Canada will release its grain and oilseed stocks in all positions report on Friday, which will help finalize supply/demand tables for crops produced during 2011-12. Market participants will be looking to see if there have been any adjustments to production by the government agency, and how tight canola stocks have become. "The important numbers […] Read more