CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more
StatsCan’s canola estimates taken with grain of salt
Industry bracing for potentially large StatsCan crop estimates
CNS Canada — Canadian farmers are sitting on large crops ahead of this year’s harvest, although just how large remains to be seen as industry participants await Statistics Canada’s first survey results of the crop year, set for release on Tuesday. Pre-report trade estimates on canola production range anywhere from 16 million to 20 million […] Read more
Crop conditions improve, harvest operations underway
Alberta crop conditions as of August 9
Reading Time: 2 minutes Rains continued to fall across the province stretching from the Peace Region to the Southern Region. Provincially, crop conditions improved for all Regions from a week ago and are rated as 84 per cent in good or excellent condition, up one per cent from a week ago and up 13 per cent from the 5-year […] Read more
Kellogg’s sales miss analysts’ estimates
Reuters — Kellogg Co.’s quarterly sales dropped 6.6 per cent, missing analysts’ estimates, as demand slid further for its breakfast foods and snacks, which include Corn Flakes and Froot Loops. Kellogg also said a strong dollar was expected to hurt sales this year more than it had anticipated, mainly due to a sharp fall in […] Read more
Saskatchewan crops battle through moisture
Commodity News Service Canada – Saskatchewan crops are in generally good condition despite recent wet and windy weather, says the Saskatchewan government. In a release, the province said sixty-two per cent of the spring wheat, winter wheat, flax and canola was in good condition as of July 25. Lentils are rated as 15 per cent excellent, […] Read more
Crops progressing well due to plenty of warmth, moisture
Alberta crop conditions as of July 19
Reading Time: 2 minutes With significant rains across the province, particularly in the South and Central Regions over the past two weeks, most of the agricultural lands in Alberta have seen at least near normal amounts of precipitation to date (refer to the map below). Provincially, crop growing conditions improved by two per cent from last week to 83 […] Read more
VIDEO: Canada’s agricultural markets update for July 20
Reading Time: < 1 minute D’Arce McMillan, markets editor for The Western Producer, monitors trends in the North American and global agricultural markets. His latest video update on the crops market came from the recent 2016 Ag in Motion.
Organic seed growers split with OTA over U.S. label plan
A U.S. organic seed grower organization best known for its court case against Monsanto has parted ways with one of North America’s biggest organic sector bodies over a proposed nationwide GMO label law in the U.S. The Maine-based growers’ group, the Organic Seed Growers and Trade Association (OSGATA), announced Thursday its board has voted to […] Read more
Flax growers scout soggy fields as prices edge upward
CNS Canada — Producers are assessing the effects of weekend rains that soaked flax crops in Western Canada, while prices have ticked up slightly as data reflects shrinking acres. Flax fields in western Manitoba saw thunderstorms and powerful winds, which knocked out power in some areas of the province during the weekend. Parts of southeastern […] Read more
Canada/EU trade pact seen possible despite headwinds
Canada still has a good shot at ratifying its trade deal with the European Union, despite turmoil within the EU, according to Canadian government officials. The United Kingdom’s recent referendum vote to leave the EU doesn’t legally change the ratification of the Canada/EU Comprehensive Economic Trade Agreement (CETA) in any way, a federal official said […] Read more
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