CNS Canada — New Statistics Canada data has confirmed what traders already assumed: Lentil supplies aren’t lacking, despite excess moisture this year. Prices for the pulse had been trending lower with those suspicions, and buyers are looking to India for indications on where to move in the New Year. StatsCan estimates released Tuesday say farmers […] Read more
Tag Archives statistics canada — page 33
StatsCan lentil numbers confirm trade suspicions
Focus on quality, not quantity following StatsCan report
CNS Canada –– This year’s Canadian wheat production was up considerably from last year, according to updated estimates from Statistics Canada — but the quality of that crop remains questionable. All-wheat production (spring, winter and durum wheat combined) was pegged at 31.7 million tonnes in 2016-17, which compares with 27.6 million in 2015-16. Of that […] Read more
U.S. grains: Exports support gains in corn, soybeans
Chicago | Reuters — U.S. soybean futures rose on Tuesday with another round of export deals with China and concerns about dry weather in Argentina pushing prices higher, traders said. Short covering lent support to corn, which also benefited from overseas interest in U.S. supplies, but wheat closed lower, pressured by a strong U.S. dollar […] Read more
Canada harvests bigger wheat, canola crops despite snowy fall
Reuters — Canada’s wheat and canola crops withstood unfavourable autumn weather, topping Statistics Canada’s previous estimates and last year’s production, according to the government agency’s report on Tuesday. The estimates were met with greater skepticism than usual from traders and analysts, as StatsCan surveyed farmers during unusually snowy, then mild, autumn weather that raised fears […] Read more
StatsCan report may raise more questions than answers
CNS Canada –– The lateness of this year’s harvest will likely leave more questions than answers when Statistics Canada releases its final production estimates of the year Tuesday, as a significant portion of the crop was likely still on the fields when the survey was conducted. Model-based estimates released in September placed the canola crop […] Read more
Canadian wheat, canola crops seen weathering snow
Winnipeg | Reuters — Canada’s wheat and canola crops withstood wintry weather that stalled the autumn harvest, and production topped last year’s output, according to Reuters’ industry survey of 13 analysts and traders. Statistics Canada on Tuesday will issue its final crop production estimates for the 2016-17 marketing year. The industry expects, on average, all-wheat […] Read more
Farm gate prices fall in August on meat, dairy
Ottawa | Reuters — Canadian producer prices unexpectedly fell in August as meat and dairy products saw the largest decrease in nearly nine years, while lower prices for energy and petroleum products also weighed, data from Statistics Canada showed on Friday. The 0.5 per cent decline in producer prices fell well short of analysts’ expectations […] Read more
Grain trade still wary of satellite-based StatsCan estimates
CNS Canada — Statistics Canada’s second attempt at using satellite imagery to determine the size of the country’s crops is in line with trade guesses when it comes to canola — but market participants are still taking the new methodology with a grain of salt. The model-based principal field crop estimates, released Tuesday, are calculated […] Read more
Mustard bids drop with demand, harvest progress
CNS Canada — Mustard spot prices are trending lower, with limited demand for the commodity as harvest progresses. Weather conditions may have curbed yield potential, to an extent, though production is still expected to be large, according to one market participant. Bids for mustard have dropped from the levels seen in July and August into […] Read more
Statistics data safe, official says, after agency head quits
Ottawa | Reuters — Statistics Canada data is safely stored and outsiders have no chance of accessing it, a senior official said on Monday after the chief statistician quit in protest over concerns about the agency’s independence. Canada’s Liberal government, which took power last November, is trying to resolve a number of major technological problems […] Read more
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