MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more
Tag Archives production — page 17
Trade’s crop estimates vary ahead of StatsCan report
Corn exports expected down in AAFC’s October outlook
MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday issued its October outlook for principal field crops, with some revisions compared to the September report. One of the most notable numbers from AAFC was the drop in 2019-20 corn exports, which were estimated to be about 1.5 million tonnes, over 20 per cent less compared […] Read more
Late Canadian mustard crop facing quality downgrades
MarketsFarm — An early blast of snow and cold across the Prairies has delayed harvest operations for a mustard crop already running behind normal, with quality downgrades expected for any mustard still in the field. “It has to be absolutely flattened,” said mustard buyer Walter Dyck of Olds Products at Lethbridge on the effect of […] Read more
Manitoba sunflowers not calling it quits just yet
MarketsFarm — Manitoba farmers may have seeded the smallest sunflower acres in eight years this spring, but the crop is in reasonably good shape heading into the harvest later in the fall. “I do expect to see better crops this year than last year,” said Cody Burton, purchasing manager with Nestibo Agra at Deloraine, Man. […] Read more
CBOT weekly outlook: Expected U.S. soybean, corn yields down
MarketsFarm –– The U.S. Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August. The department on Thursday released its new world agricultural supply and demand estimates (WASDE). “Prices rallied after the report came out because of the […] Read more
Statistics Canada boosts crop production estimates
MarketsFarm — Updated model-based production estimates on Thursday from Statistics Canada expect larger yields for most of the major crops grown in the country — and while harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more
StatsCan forecasts near-record corn crop
MarketsFarm — Canada’s corn crop is forecast to be the second largest on record despite a delayed start to spring planting, as yields showed an improvement from earlier forecasts, according to updated production estimates Thursday from Statistics Canada. Using a combination of satellite imagery, previous survey data, and agro-climatic data, the latest Statistics Canada report […] Read more
Federal report expects canola output down, wheat up
MarketsFarm — Expectations for canola production in Canada were revised downward Friday by Agriculture and Agri-Food Canada (AAFC). AAFC has now estimated Canadian farmers will produce 18.575 million tonnes of canola in 2019, down about 8.7 per cent from its previous estimate. Earlier this week, MarketsFarm analyst Bruce Burnett predicted canola production would be down […] Read more
Huge increase predicted in canola ending stocks
MarketsFarm — Canadian canola carryout stocks are forecast to rise to a record 5.3 million tonnes by the end of the 2019-20 marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada’s market analysis division. While the department, in its estimates, expects total canola production to decline […] Read more
Tighter StatsCan canola crop won’t affect market, analysts say
CNS Canada — Canada’s canola production has been revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report, issued Thursday. However, two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a […] Read more
Cyber-Savvy Farmer
