estimates Archives | Alberta Farmer Express

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

By Tom Polansek September 30, 2019

Chicago | Reuters — China bought more U.S. soybeans on Monday as the U.S. Department of Agriculture reported crop stockpiles were smaller than traders expected, sending futures prices to nine-week highs. Corn futures set an eight-week high after the USDA report also showed tighter-than-expected inventories of the yellow grain. Farmers welcomed the rallies after crop […] Read more

Crops

AAFC raises 2019-20 canola, wheat ending stocks

By Phil Franz-warkentin September 23, 2019

MarketsFarm — Canadian ending stocks of canola and wheat will be larger than earlier thought, according to updated supply/demand tables Agriculture and Agri-Food Canada released late Friday. AAFC raised its canola ending stocks estimate for 2019-20 to a record 4.5 million tonnes, up from the August estimate of 3.775 million and the upwardly-revised 2018-19 level […] Read more

Crops

Statistics Canada boosts crop production estimates

By Phil Franz-warkentin September 12, 2019

MarketsFarm — Updated model-based production estimates on Thursday from Statistics Canada expect larger yields for most of the major crops grown in the country — and while harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more

Crops, Markets, Weather

StatsCan production report may show stronger yields

By Marlo Glass August 23, 2019

MarketsFarm — A challenging growing season across the Prairies has left questions in the market ahead of Statistics Canada’s production report, due out Wednesday. “It’s hard to get a handle on canola this year because, at this stage, the farmers are going to be a bit conservative and err on the side of caution,” said […] Read more

Crops, Markets, Weather

December StatsCan report could vary from years past

By Ashley Robinson - MarketsFarm December 4, 2018

CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more

Canola, Crops, Spring Wheat, Weather

Trends stand out in StatsCan crop data: report

By Phil Franz-Warkentin - MarketsFarm November 13, 2018

CNS Canada — Second-guessing Statistics Canada’s crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Spec selling pressures corn, soy

By Dave Sims September 19, 2018

CNS Canada — A recent round of contract selling by speculators has created a bearish outlook for corn and soybeans. Recently, both crops suffered losses after the U.S. Department of Agriculture released production estimates on Sept. 12 that were higher than expected. According to a trader, these and other challenges have painted a bearish picture […] Read more

Crops, Markets

Canola, wheat crop size hiked in StatsCan’s view from space

By Dave Sims September 19, 2018

CNS Canada — Statistics Canada raised its production estimates for most crops across Western Canada in its latest report released Wednesday. Unlike traditional StatsCan reports using information gathered from phone surveys, the model-based report was based in part on coarse-resolution satellite imagery collected during the month of August. The model-based report has only been in […] Read more

Canola, Crops, Reuters, Spring Wheat, Weather

Prairie crop tour sees slightly bigger wheat, canola yields

By Rod Nickel July 26, 2018

Saskatoon | Reuters — Canadian farmers were on track to reap slightly larger wheat and canola yields, despite dry conditions and a wide discrepancy in growth rates, a crop tour estimated on Thursday. The inaugural Grain World crop tour, organized by FarmLink Marketing Solutions, toured the Prairie provinces on Tuesday and Wednesday. Moisture conditions vary […] Read more

Crops, Markets

Canadian canola area likely above earlier projection

By Phil Franz-Warkentin - MarketsFarm June 26, 2018

CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more

Alberta harvest likely finished for 2019 in some regions

CWRS bids edge lower with Minneapolis futures, CPSR up

Fund traders increase canola short position

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