MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record […] Read more
Pulse weekly outlook: Large Canadian crops expected
StatsCan predicts more corn, less soy in 2020 harvest
Fewer acres but higher yields predicted
Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. In its Production of principal field crops report, using information from July — based on models created using satellite technology — StatsCan on Monday called […] Read more
Wheat crop to be second-largest on record, StatsCan predicts
Canola estimate at lower end of trade predictions
MarketsFarm — Canada’s farmers will have grown their second-largest wheat crop on record in 2020, according to the first production estimates of the year from Statistics Canada, as released Monday. The government agency pegged total wheat production in the country for 2020-21 at 35.74 million tonnes, up 10.5 per cent on the year and second […] Read more
Canola crop expectations vary ahead of StatsCan report
MarketsFarm — Statistics Canada is due to publish its first production estimates for Canada’s 2020 growing season on Monday (Aug. 31). Late-season hot temperatures and a lack of rain may cause Canada’s canola production to be lower than originally expected, according to some market participants. Earlier in the growing season, Winnipeg-based FarmLink Agriculture Solutions published […] Read more
Canola crush down, soy crush up, StatsCan reports
MarketsFarm — The amount of canola crushed in July was down compared to June’s crush, while there was an increase in the amount of soybeans crushed, according to Statistics Canada. The federal agency issued its crushing statistics of major oilseeds report on Tuesday. According to the report, 806,868 tonnes of canola were processed in July, […] Read more
Canola crush edges up, soybean crush falls
MarketsFarm — As the amount of canola crushed in Canada increased slightly in June, the soybean crush was down significantly, according to the latest monthly report from Statistics Canada. The federal agency on Thursday released crushing statistics for major oilseeds, which showed 864,559 tonnes of canola crushed in June, up 1.12 per cent from the […] Read more
Meat leads Canadian industrial producer prices higher in May
Ottawa | Reuters — Canadian industrial producer prices rose 1.2 per cent in May on higher prices for meat, fish and dairy products, Statistics Canada said on Monday, as supply chain disruptions caused by the coronavirus pandemic and increased demand boosted meat prices. The gain in producer prices followed four months of consecutive decreases and […] Read more
StatsCan survey shows bump up in wheat acres, particularly durum
Farmers back off canola, soybeans; pandemic expected to cause other problems for ag
Ottawa | Reuters — Canadian farmers planted slightly more wheat overall in 2020 than in 2019, but the coronavirus outbreak will pose “unique challenges” in the production and distribution of crops, Statistics Canada said on Monday. Farmers planted 25 million acres of wheat, up 1.5 per cent from 2019, thanks in part to a 16.2 […] Read more
Demand pushes up cash prices for oats
Cash oats uncoupled from Chicago futures values
MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott Shiels of Grain Millers at […] Read more
Farmer deliveries well above average in April
MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and […] Read more
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