Prior to Alberta getting rain over the weekend of June 21 and 22, the province's crops were well below the five-year average for ratings. As of June 17, Alberta Agriculture said they were listed as 50 per cent good to excellent overall compared to the average of 71 per cent.
Tag Archives Oilseeds — page 2

Alberta crops 21 points below average but soil moisture improving

Saskatchewan few points short of wrapping up spring planting
Topsoil moisture levels down
Farmers in Saskatchewan have virtually wrapped up their spring seeding for 2025, with the provincial agriculture department reporting the crops were 97 per cent planted as of June 2. That's up nine points on the week, three ahead of this time last year and two above the five-year average.

Spring planting in Manitoba close to finished
Province gets very little rain over the week
Dry conditions continued to spur quick seeding progress in Manitoba, as the provincial agriculture department reported spring planting reached 95 per cent complete as of June 3.

Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.

AAFC lowers canola ending stocks estimate
Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.

U.S. Grains: Soybeans ease on South American rain outlook; grain higher
Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.

Malaysia to produce less palm oil – USDA attaché
Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.

Eastern Canadian oilseeds to receive funding
Minister of Agriculture and Agri-Food Lawrence MacAulay has announced funding up to C$4.3 million over five years to the Eastern Canada Oilseed Development Alliance (ECODA).

Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say
Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.

EU cuts wheat crop estimate to 12-year low
European wheat production forecast at 12-year low. Corn, barley, oilseeds also down on year.