The area planted to winter wheat in Ontario was down from the previous season, with the extremely wet fall associated with the reduction in seeded area, according to an official with the Ontario government. "Planting of Ontario’s winter wheat crop got off to a poor start with heavy precipitation, especially in the clay soils in […] Read more
Ontario winter wheat area reported down
StatsCan confirms larger canola, wheat crops
An upward nudge in the crop production estimates Statistics Canada released Tuesday for canola and all wheat grown in Canada in 2011-12 was a bit bigger than expected, while the forecast for oats and barley suggests a tight supply situation. The federal statistics agency pegged Canadian 2011-12 canola output at a record-sized 14.165 million tonnes. Pre-report […] Read more
Global Economic Grief Puts ICE Canola Under Pressure
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform suffered some significant downward price action during the week ended Nov. 25. Much of the price weakness continued to be influenced by the worsening global economic outlook as well as by expanding financial problems in the euro zone. The modest to sharp declines in the CBOT […] Read more
Upward nudge expected in StatsCan’s production survey
Following its lower-than-expected forecast in October, market participants expect an upward nudge in most production estimates for Canada’s grains and oilseeds when Statistics Canada releases its last survey for 2011-12, due out Tuesday. Most industry participants still believe the previous production survey from the government agency was underestimated and some upward revisions will occur, said […] Read more
Record canola crush pace seen, byproduct exports to drop
The steady rise in crush capacity in Canada will result in a record amount of canola being processed during the 2011-12 crop year, but exports of canola oil and meal were seen declining, a government analyst reports. The decline in canola oil and meal exports is expected to be consumed domestically. "Right now, I am […] Read more
Chinese Demand Supports Canola
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers to deliver canola […] Read more
Pork exports to China up, values soar
Canadian pork exports to all destinations in 2011 are on par to match the level established during 2010, but demand from both China and South Korea has jumped significantly, according to an official in the industry. “Demand for Canadian pork products from China and South Korea are spectacularly ahead of trend,” said Martin Rice, executive […] Read more
StatsCan survey finds small canola crop
Statistics Canada on Tuesday released its latest estimates on what production of the various grain and oilseed crops in Canada will be, with projections coming in at a lower level than what most participants had anticipated. “Most pre-report estimates had called for a jump in the production of canola, wheat, barley and a host of […] Read more
Jump anticipated in StatsCan production survey
Grain and oilseed production estimates in a 2011-12 crop survey, due out Tuesday from Statistics Canada, are expected to mainly show a jump in output from the previous report, according to industry projections. “The general sentiment among individuals is that production, particularly in Western Canada, will be higher based on yields coming in at better […] Read more
Fresh Deliveries Pressure Canola
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform lost some significant ground during the week ended Sept. 16, with the advancing harvest in Western Canada and reports of better-than-anticipated yields encouraging the downward price slide. Producers were also delivering canola right off the combine and into the country elevator system, which contributed to some […] Read more
Cyber-Savvy Farmer
