MarketsFarm — Canada’s canola supplies of just over 10 million tonnes as of March 31 marked a new record for the date, according to Tuesday’s stocks of principal field crops report from Statistics Canada. The government agency pegged canola supplies in the country at the end of March at 10.019 million tonnes, up by 10.5 […] Read more
Report shows record-large canola stocks at end of March
Traders look to new crop following StatsCan stocks estimates
CNS Canada — Canadian canola stocks were relatively tight at the close of the 2016-17 crop year, which should be underpinning the market as the trade works to get a better handle on new-crop production. In a report released Wednesday, Statistics Canada pegged Canadian canola supplies as of July 31 at 1.35 million tonnes, compared […] Read more
Canadian canola stocks seen dwindling to four-year low
Winnipeg | Reuters — Canadian stockpiles of canola dwindled to a four-year low ahead of planting season after brisk demand from crushers and exporters, but wheat supplies swelled, according to a Reuters survey of 12 traders and analysts. On Friday, Statistics Canada will estimate crop supplies as of March 31, 2017, from commercial and farm […] Read more
Durum acres to decline in 2017
CNS Canada –– Canadian farmers are sitting on large stocks of poor-quality durum, which should cut into acres seeded to the crop this spring. Durum stocks in the country, as of Dec. 31, 2016, came in at 6.9 million tonnes, marking a new record for that date, according to Statistics Canada data going back to […] Read more
StatsCan canola stocks in line with expectations
CNS Canada –– Canadian canola stocks may be tighter than a year ago and wheat stocks larger — but the updated numbers from Statistics Canada may also need more asterisks than normal. StatsCan, in a report released Friday, pegged Canadian canola supplies as of Dec. 31 at 12.159 million tonnes, down from 13.452 million at […] Read more
Quality Canadian durum may be in short supply
CNS Canada — Quality issues with the Canadian durum crop currently being harvested should see the price spreads between top- and low-end grain widen considerably, especially as the carryout from the previous year is also poor quality. Canadian durum stocks, as of July 31, were pegged at 1.1 million tonnes by Statistics Canada in a […] Read more
Durum strays from typical patterns ahead of new crop
CNS Canada — The durum market has moved off from its normal patterns heading into summer, one market analyst says, while exports are trending lower on the year. “It’s a very unique situation because we’ve got bigger crops coming,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP SA Grains and Produits. France, […] Read more
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