Research based on the financial statements of almost 3,000 Illinois corn and soybean farmers suggests farmers in aggregate are likely to sell four per cent more of their stored grain every time capital costs go up by one per cent.  Photo: File

Sharp drop in canola stocks

StatCan releases grain stocks as of March 31 report

Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.









‘There isn’t a lot of pricing available out there for old or new crop on a lot of commodities.’ – Scott Shiels. Photo: Thinkstock

Prairie Wheat Weekly: Prices mixed

Wheat complex bumps up, tariff concerns weigh on values

Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended April 3. While upticks in the United States wheat complex lent support, concerns over the worldwide reciprocal tariffs announced by President Donald Trump on April 2 generated a lot of uneasiness in the markets.