MarketsFarm — Canadian farmers are in the early stages of planting the country’s next chickpea crop, with market conditions firm for the time being, ahead of new-crop harvests in other countries. “The market is firm, it’s not going up or down,” said Jake Hansen of Mid-West Grain at Moose Jaw, Sask., noting there was not […] Read more
Tag Archives acres — page 3
Firm Canadian chickpea market watching world production
Trade keeps eye on crops in Turkey, Russia, India
CBOT weekly outlook: North Dakota corn growers switch to soy, sunflower
'Tough day in the markets' as Black Sea deal extended
MarketsFarm — Faced with a late start due to wet conditions, North Dakota farmers are changing their spring planting plans. They’re switching from corn to crops such as soybeans and sunflowers, according to analyst Tom Lilja of Progressive Ag in Fargo. “Guys just started rolling here on [May 14 and 15] fairly heavy. There was […] Read more
U.K. to increase rapeseed, product output in 2023-24
Input costs seen down so far this year
MarketsFarm — With the rapeseed crop in the United Kingdom estimated at 66 per cent good to excellent, the U.S. Department of Agriculture attaché in London, forecast production for 2023-24 to be 1.38 million tonnes. That would make for a 1.4 per cent increase over the 2022-23 crop. While the attaché pegged planted and harvest […] Read more
Pulse weekly outlook: Seeding to start in Manitoba, Saskatchewan
Saskatchewan lentils expected to lose acres to wheat, canola
MarketsFarm — With the calendar turning to May and temperatures expected to surpass 20 C this week, pulse seedings are set to begin for parts of Manitoba and Saskatchewan. “Right now, we’re still in a bit of a holding pattern,” said Manitoba provincial pulse specialist Dennis Lange. “We haven’t really had much for drying. Now […] Read more
ICE weekly outlook: StatCan’s canola area estimate questioned
Traders predict significant increase ahead
MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 million. The figure occupied the lower end of trade expectations, but StatCan recently adopted a new methodology of conducting the survey last December and January, […] Read more
Feed weekly outlook: Grain area to increase this year
Oats area expected to be reduced
MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according to the latest estimates from Statistics Canada. Planted corn area in the country is forecast at 3.725 million acres in 2023, which would be up […] Read more
StatCan expects more wheat, canola acres in 2023
Corn, soy, barley acres also expected up
MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field crop area. The increases in those crops will come at the expense of oats, lentils and peas, with intended summerfallow area down to its smallest […] Read more
Analysts expect additional acres for canola, wheat
StatCan estimates due out Wednesday
MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and cooler conditions in southern Manitoba, […] Read more
More grain for European Union in 2023-24, USDA projects
Larger production seen reducing need for imports
MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information Network (GAIN) report released Wednesday, the attaché pegged the EU’s 2023-24 grain production at 284.7 million tonnes, 17.9 million more than this year’s crop which […] Read more
Less wheat expected in Kazakhstan in 2023-24, despite same acres
Soil moisture loss expected in wheat-growing regions
MarketsFarm — As the 2022-23 crop year in Kazakhstan begins to wind down, the U.S. Department of Agriculture (USDA) attaché in the country’s capital of Astana estimated its wheat production at 16.4 million tonnes. Should that forecast hold, the attaché’s report noted it would be the largest wheat harvest since 2017-18. However, going into the […] Read more
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