While it shouldn’t surprise anyone that the number of larger farms by sales in Canada is rising and the number of smaller farms is declining, Canada’s newest ag census also shows larger farm classes now capturing the majority of total ag revenue. Statistics Canada on Wednesday began releasing data from its 2021 Census of Agriculture, […] Read more
Tag Archives statistics canada
Over half Canada’s farm revenue now goes to biggest farms, census finds
More women operators, more sustainable practices, more growing under glass
StatsCan reports sharp decline in field crop stocks
Stocks tighter than most traders had estimated
MarketsFarm — Statistics Canada’s report on the country’s principal field crop stocks, released Friday, reflects an ever-tightening supply brought on by last year’s drought. With the exception of corn and soybeans, all of the crops listed suffered a supply decline of at least 10 per cent compared to the year before, as of March 31. […] Read more
U.S. grains: Soybeans, corn slide on Midwest weather forecasts
Wheat tumbles after rally, poised for weekly gain
Chicago | Reuters — Chicago corn and soybean futures slid on Friday as rising interest rates and currency pressures weighed on U.S. exports and forecasts of warm, dry weather opened a window for Midwestern farmers to get their crop planted. Recent rainfall in South America could boost Brazil’s south-central corn crop, which on Friday was […] Read more
ICE weekly outlook: Canola books steep rise in prices
MarketsFarm — Canola prices, along with other edible oils, received a strong boost on Wednesday due to sharp upticks in Malaysian palm oil values. Canola futures have also received support from a bullish forecast this week from Statistics Canada on planted acres for this spring. Despite the Indonesian government stating Monday its export ban on […] Read more
Pulse weekly outlook: Lentil acres likely up in 2022
Other pulses likely down, though
MarketsFarm — Statistics Canada released its first survey-based crop acreage estimates of 2022 on Tuesday, reporting that while more lentil acres may be planted this spring, other pulses are expected to have their seeded area shrink. The national data agency projected 4.49 million acres of lentils will be planted in Canada this year, a 4.2 […] Read more
Drought fears, fertilizer may affect Canadian acreage estimates
MarketsFarm — Traders and analysts awaiting Statistics Canada’s first survey-based acreage report for the 2022-23 crop year on Tuesday believe competition amongst crops — as well as their dependence on fertilizer, and the possibility of another drought this summer — will be determining factors. Canola stands as the best representation of traders’ concerns. Despite reaching […] Read more
Soybean markets poised to respond based on war footing
Corn and soy supplies expect to hit historical lows at end of crop year
Editor’s note: This market analysis was mostly-prepared before the impact of the Russian invasion into Ukraine. As a result, many global commodities are in sway due to a multitude of unforeseen circumstances now in play. Statistics Canada released its Dec. 31 Stocks Report last month. This report is important because it confirms the production estimate […] Read more
Pulse weekly outlook: Pulse stocks drop due to drought
MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more
Pulse weekly outlook: Expect little movement in prices during holidays
MarketsFarm — There were no surprises for pulses in Statistics Canada’s latest production report, according to Marlene Boersch of Mercantile Venture Consulting in Winnipeg. With that in mind, she doesn’t expect any significant price changes for pulses. “Part of the reason is we’re starting to glide into the holiday period. We’ll probably see some movement […] Read more
Canola declines, durum drops in new StatsCan estimates
Soybean, oats estimates raised
MarketsFarm — There were very few surprises in Statistics Canada’s latest principal field crop production estimates released Friday — the first in 2021-22 to use a survey of producers. Nevertheless, they quantified just how severe last summer’s drought was in Western Canada. Canola production for the 2021-22 marketing year was estimated to be 12.595 million […] Read more
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