(Dave Bedard photo)

AAFC supply/demand estimates mostly unchanged

Wheat exports up, but domestic usage cut

MarketsFarm –– Supply/demand estimates for Canadian crops were largely left unchanged in Agriculture and Agri-Food Canada’s (AAFC) latest projections, with only the wheat numbers seeing small adjustments in the report released Tuesday. Projected Canadian wheat exports for the 2022-23 marketing year were raised to 24.3 million tonnes, up by 200,000 from the February estimate. Domestic […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

USDA sees increased EU canola imports, no extra from Canada

U.S. also projects higher Canadian ending stocks

MarketsFarm — The European Union will likely import more canola (rapeseed) this year than earlier thought, but any increased movement should come from Australia or Ukraine rather than Canada, according to updated projections from the U.S. Department of Agriculture. USDA raised its forecast for European rapeseed imports during the 2022-23 marketing year by 550,000 tonnes, […] Read more

ICE May 2023 canola with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Upswings likely out of question for canola

Canada's exports expected to ebb

MarketsFarm — Don’t expect any large increases in canola prices any time soon, according to Ken Ball of PI Financial in Winnipeg. In fact, there’s a good chance seen that old-crop canola could fall below its support level of $800 per tonne. Ball said 2022-23 canola ending stocks in Canada could increase because of the […] Read more

Yellow peas. (Victoria Popova/iStock/Getty Images)

Pulse weekly outlook: AAFC report makes minor changes

Revisions mainly in dry peas, chickpeas

MarketsFarm — Following the latest supply and demand estimates from Agriculture and Agri-Food Canada (AAFC), MarketsFarm Pro analyst Mike Jubinville said their numbers “all seem reasonable enough.” There were only a handful of small tweaks to pulses in the AAFC report released Friday. For the most part, the revisions came with dry beans and chickpeas. […] Read more

(Dave Bedard photo)

AAFC revises crop estimates

Export, new-crop production outlooks revised lower for flax

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday released its February supply and demand estimates with numerous small changes. AAFC held its projections for 2022-23 grains and oilseeds production at 89.489 million tonnes. As for exports, the department reduced them from 45.715 million tonnes last month to now 45.49 million. Furthermore, domestic usage was […] Read more


(Qingwa/iStock/Getty Images)

USDA sees little change in Australian, Canadian wheat output

MarketsFarm — There isn’t much in the way of significant changes in the U.S. Department of Agriculture’s (USDA) attaché reports on grain production in Australia and Canada. USDA’s Global Agricultural Information Network (GAIN) office in Canberra pegged Australia’s wheat production for 2022-23 at 37 million tonnes, 400,000 more than the official USDA estimate. In comparison, […] Read more

(Dave Bedard photo)

AAFC issues first look at 2023-24

Oats production expected down significantly on year; wheat, canola up

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped the carryout for oats by […] Read more

Lentils. (Seb_ra/iStock/Getty Images)

Pulse weekly outlook: Tightening Canadian lentil stocks expected

Pea ending stocks more comfortable

MarketsFarm — Carryout stocks of Canadian lentils could tighten to their smallest level in seven years by the end of the current 2022-23 marketing year, according to updated supply/demand estimates from Agriculture and Agri-Food Canada. While lentil production of 2.3 million tonnes was up by 44 per cent from the drought-stricken 2021-22 crop, expectations for […] Read more


(Photo courtesy Canada Beef Inc.)

Feds open up consultations for sustainable ag strategy

Producer groups to have reps on advisory committee

The federal government has enlisted farm groups on the ground floor of consultations toward development of a long-term strategy to “amplify” the adoption and use of sustainable practices in agriculture over the next year. Agriculture Minister Marie-Claude Bibeau on Dec. 12 announced the launch of public consultations on strategy development, running from now through March […] Read more

(Dave Bedard photo)

AAFC raises canola stocks projection, despite smaller crop

Department also trims wheat ending stocks

MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a downward revision to production, as both exports and domestic usage were also down from the November report. The government agency now sees canola carryout of […] Read more